Marketwise, Inc. financial data

Symbol
MKTW on Nasdaq
Industry
Services-Prepackaged Software
Location
667 Madison Avenue, 5 Th Floor, New York, New York
Fiscal year end
December 31
Former names
Ascendant Digital Acquisition Corp. (to 7/21/2021)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 73.2 % -5.55%
Debt-to-equity -4.52K % -24.4%
Return On Equity -1.3 % -109%
Return On Assets 0.91 % +125%
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 38.2M shares +25.2%
Weighted Average Number of Shares Outstanding, Diluted 38.8M shares +22%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 502M USD -11.4%
Revenue from Contract with Customer, Excluding Assessed Tax 432M USD -9.49%
Cost of Revenue 53.6M USD -8.77%
Research and Development Expense 8.46M USD -5.42%
Selling and Marketing Expense 191M USD -4.48%
General and Administrative Expense 118M USD -1.45%
Costs and Expenses 377M USD -3.65%
Operating Income (Loss) 55.2M USD -35.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 59.9M USD -29.4%
Income Tax Expense (Benefit) 1.96M USD +593%
Net Income (Loss) Attributable to Parent 3.48M USD +94.7%
Earnings Per Share, Basic 0.1 USD/shares +900%
Earnings Per Share, Diluted 0.08 USD/shares +700%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 109M USD -41.5%
Accounts Receivable, after Allowance for Credit Loss, Current 4.48M USD +42.6%
Other Assets, Current 1.82M USD -36.5%
Assets, Current 198M USD -34.8%
Deferred Income Tax Assets, Net 9.23M USD +27.1%
Property, Plant and Equipment, Net 603K USD -24.5%
Operating Lease, Right-of-Use Asset 6.32M USD -25.3%
Intangible Assets, Net (Excluding Goodwill) 8.3M USD -45.3%
Goodwill 33.6M USD +7.2%
Other Assets, Noncurrent 113K USD -75.4%
Assets 315M USD -29.2%
Accrued Liabilities, Current 25.7M USD -32.9%
Contract with Customer, Liability, Current 249M USD -12.4%
Liabilities, Current 313M USD -11.8%
Contract with Customer, Liability, Noncurrent 257M USD -24.3%
Deferred Income Tax Liabilities, Net 0 USD
Operating Lease, Liability, Noncurrent 3.45M USD -32.6%
Other Liabilities, Noncurrent 2.27M USD
Liabilities 579M USD -17.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax 10K USD -66.7%
Retained Earnings (Accumulated Deficit) -123M USD +2.75%
Stockholders' Equity Attributable to Parent -23.7M USD -64.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -264M USD -2.61%
Liabilities and Equity 315M USD -29.2%

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 109M USD -41.5%
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 244K USD -14.7%
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 3.78M USD +1.02%
Operating Lease, Liability, Current 1.65M USD +9.42%
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 99.4M USD -11.3%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 2.96M USD -17%
Depreciation, Depletion and Amortization 693K USD -29.6%
Share-based Payment Arrangement, Expense 21.5M USD +88.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%