secwatch.observer — SEC 8-K summary
======================================

Issuer:     MARKETWISE, INC. (MKTW)
CIK:        0001805651
Form:       8-K
Filed at:   2026-01-22T23:59:59+00:00
Accession:  0001805651-26-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MarketWise Q4 billings up 42% YoY to $79M; FY 2025 CFFO $45M beats guidance
---------------------------------------------------------------------------

- Q4 billings $79M (+42% YoY, +23% seq); FY 2025 billings $271M beat $250M guidance.
- CFFO Q4 ~$24M, FY 2025 ~$45M (beat $30M guidance), a ~$65M improvement over FY 2024.
- Cash & equivalents $70M (up $20M QoQ); paid subscribers 374K; active free subs 2.0M.
- Board received $17.25/sh buyout proposal from Monument & Cathedral Holdings on Oct 29, 2025; Special Committee reviewing.
- Regular + special dividends to Class A last 12 mos totaled $1.90/sh, 13% yield at Dec 31 price.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1805651/000180565126000004/0001805651-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1805651/000180565126000004/mktw-20260122.htm
  HTML page:      https://secwatch.observer/filing/0001805651-26-000004

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