Marketwise, Inc. financial data

Symbol
MKTW on Nasdaq
Industry
Services-Prepackaged Software
Location
667 Madison Avenue, 5 Th Floor, New York, NY
Fiscal year end
December 31
Former names
Ascendant Digital Acquisition Corp. (to 7/21/2021)
Latest financial report
10-Q - Q3 2024 - Nov 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 66.8 % -18.5%
Debt-to-equity -3.8K % +12.2%
Return On Equity -1.89 % +14.8%
Return On Assets 1.5 % +11.9%
Operating Margin 20 %

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 46.1M USD -4.36%
Weighted Average Number of Shares Outstanding, Basic 39M shares +18.4%
Weighted Average Number of Shares Outstanding, Diluted 39.7M shares +17.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 502M USD -11.4%
Revenue from Contract with Customer, Excluding Assessed Tax 423M USD -8.73%
Cost of Revenue 52.7M USD -9.28%
Research and Development Expense 8.99M USD +1.49%
Selling and Marketing Expense 175M USD -12.8%
General and Administrative Expense 115M USD -0.24%
Costs and Expenses 357M USD -7.98%
Operating Income (Loss) 66M USD -12.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 70.8M USD -11%
Income Tax Expense (Benefit) 2.24M USD +40.8%
Net Income (Loss) Attributable to Parent 5.06M USD -14.8%
Earnings Per Share, Basic 0.14 USD/shares -22.2%
Earnings Per Share, Diluted 0.12 USD/shares -33.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 94.1M USD -51.5%
Accounts Receivable, after Allowance for Credit Loss, Current 2.22M USD -62.7%
Other Assets, Current 1.48M USD -51.6%
Assets, Current 172M USD -44.9%
Deferred Income Tax Assets, Net 8.47M USD +9.26%
Property, Plant and Equipment, Net 567K USD -24.2%
Operating Lease, Right-of-Use Asset 5.8M USD -26.8%
Intangible Assets, Net (Excluding Goodwill) 7.69M USD -46.1%
Goodwill 33.6M USD +6.91%
Other Assets, Noncurrent 26K USD -93%
Assets 278M USD -38.4%
Accrued Liabilities, Current 22.4M USD -47.6%
Contract with Customer, Liability, Current 227M USD -21.9%
Liabilities, Current 284M USD -21.6%
Contract with Customer, Liability, Noncurrent 233M USD -28.4%
Deferred Income Tax Liabilities, Net 0 USD
Operating Lease, Liability, Noncurrent 3.1M USD -34.6%
Other Liabilities, Noncurrent 2.31M USD -35.7%
Liabilities 525M USD -24.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax 56K USD +1.82%
Retained Earnings (Accumulated Deficit) -121M USD +4%
Stockholders' Equity Attributable to Parent -19.5M USD -46.9%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -247M USD -0.21%
Liabilities and Equity 278M USD -38.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -18.5M USD -579%
Net Cash Provided by (Used in) Financing Activities -5.2M USD -752%
Net Cash Provided by (Used in) Investing Activities -252K USD +36.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -24M USD -932%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 94.1M USD -51.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 281K USD -4.1%
Deferred Tax Assets, Valuation Allowance 29.9M USD +2.69%
Deferred Tax Assets, Gross 44.1M USD +7.7%
Operating Lease, Liability 5.81M USD -20.5%
Depreciation 238K USD -13.5%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Lessee, Operating Lease, Liability, to be Paid 6.68M USD -22.7%
Property, Plant and Equipment, Gross 3.8M USD +1.41%
Operating Lease, Liability, Current 1.64M USD +8.98%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.79M USD -1.97%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.81M USD -6.76%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Deferred Income Tax Expense (Benefit) 678K USD -24.4%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 866K USD -34.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.7M USD -5.14%
Deferred Tax Assets, Operating Loss Carryforwards 3.24M USD +2.89%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 686K USD -59.6%
Operating Lease, Payments 465K USD -6.63%
Additional Paid in Capital 102M USD -9.97%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 2.6M USD -30.5%
Depreciation, Depletion and Amortization 693K USD -29.6%
Share-based Payment Arrangement, Expense 21.1M USD +64.7%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%