secwatch.observer — SEC 8-K summary
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Issuer:     MARKETWISE, INC. (MKTW)
CIK:        0001805651
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001805651-25-000010
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MarketWise Q3 net revenue $81.3M, billings up 30% YoY; receives M&C acquisition proposal; declares $0.40 dividend
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- Net revenue $81.3M, net income $17.9M in Q3 2025, down from $97.2M and $22.7M in Q3 2024.
- Total billings $63.7M (+30% YoY); paid subscribers fell to 379K from 592K but ARPU rose to $566.
- Quarterly and special dividend of $0.40 per Class A share; FY 2025 total dividends expected $1.90/share (13% yield).
- M&C submitted proposal to acquire all outstanding equity not already owned; share repurchases suspended pending review.
- FY 2026 prelim targets: billings ~$290M (+10% YoY), CFFO $45M (+50% vs FY 2025 target of $30M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1805651/000180565125000010/0001805651-25-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1805651/000180565125000010/mktw-20251106.htm
  HTML page:      https://secwatch.observer/filing/0001805651-25-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer