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MarketWise, Inc. (MKTW) 10-Year Financial Performance & Capital Metrics

MKTW • • Industrial / General
TechnologyApplication SoftwareFinancial Technology & PaymentsTrading & Investment Platforms
AboutMarketWise, Inc. operates a multi-brand platform of subscription businesses that provides financial research, software, education, and tools for investors in the United States and Internationally. The company offers a portfolio of independent investment research, as well as various software and analytical tools on a subscription basis. It provides its research across various platforms, including desktop and laptop, as well as mobile devices, such as tablets and mobile phones. The company serves approximately 972 thousand paid subscribers and approximately 13.7 million free subscribers. MarketWise, Inc. was founded in 1999 and is headquartered in Baltimore, Maryland.Show more
  • Revenue $409M -8.8%
  • EBITDA $92M +64.9%
  • Net Income $7M +296.1%
  • EPS (Diluted) 3.57 +257.0%
  • Gross Margin 87.6% +0.3%
  • EBITDA Margin 22.45% +80.9%
  • Operating Margin 21.77% +88.4%
  • Net Margin 1.73% +334.4%
  • ROE -
  • ROIC -
  • Debt/Equity -
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Healthy dividend yield of 4.8%
  • ✓Efficient asset utilization: 1.6x turnover

✗Weaknesses

  • ✗Profits declining 24.1% over 5 years
  • ✗Negative free cash flow
  • ✗Shares diluted 18.3% in last year

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y8.47%
3Y-9.38%
TTM-19.17%

Profit (Net Income) CAGR

10Y-
5Y-24.06%
3Y-
TTM15.22%

EPS CAGR

10Y-
5Y-19.86%
3Y-
TTM0.53%

ROCE

10Y Avg-489%
5Y Avg-640.61%
3Y Avg383.45%
Latest810.12%

Peer Comparison

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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
MKTWMarketWise, Inc.38.21M15.814.43-8.81%1.7%
AGMHAGM Group Holdings Inc.4.05M2.000.31-65.51%9.73%14.26%100%0.10
NUKKNukkleus Inc.85.47M3.65-0.74-63.55%-144.07%
MTCMMTec, Inc.77.32M3.07-0.84114.77%-35.07%-122.4%0.93%1.22
MFImF International Limited833.78M17.00-1.34-18.38%-50.03%-132.69%0.21
BULLWebull Corporation Class A Ordinary Shares3.42B8.18-7.240.16%-3.03%-1.84%5.35%0.03
FRGEForge Global Holdings, Inc.616.78M44.55-8.2013.62%-67.42%-30.34%0.06
BLBXBlackboxstocks Inc.43.31M10.06-9.77-17.36%-157.79%-78.75%0.06

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+272.22M364.18M549.18M512.4M448.18M408.7M
Revenue Growth %-0.34%0.51%-0.07%-0.13%-0.09%
Cost of Goods Sold+42.55M154.6M239.25M62.7M56.8M50.66M
COGS % of Revenue0.16%0.42%0.44%0.12%0.13%0.12%
Gross Profit+229.67M209.57M309.93M449.71M391.38M358.04M
Gross Margin %0.84%0.58%0.56%0.88%0.87%0.88%
Gross Profit Growth %--0.09%0.48%0.45%-0.13%-0.09%
Operating Expenses+204.1M748.26M1.28B362.42M339.57M269.05M
OpEx % of Revenue0.75%2.05%2.33%0.71%0.76%0.66%
Selling, General & Admin198.09M740.94M1.27B350.51M324.34M251.94M
SG&A % of Revenue0.73%2.03%2.31%0.68%0.72%0.62%
Research & Development3.67M4.77M7.49M8.82M8.83M9.91M
R&D % of Revenue0.01%0.01%0.01%0.02%0.02%0.02%
Other Operating Expenses2.33M2.55M2.68M3.09M6.4M7.2M
Operating Income+25.57M-538.69M-967.59M87.28M51.8M88.99M
Operating Margin %0.09%-1.48%-1.76%0.17%0.12%0.22%
Operating Income Growth %--22.07%-0.8%1.09%-0.41%0.72%
EBITDA+27.9M-536.14M-964.92M89.86M55.63M91.74M
EBITDA Margin %0.1%-1.47%-1.76%0.18%0.12%0.22%
EBITDA Growth %--20.21%-0.8%1.09%-0.38%0.65%
D&A (Non-Cash Add-back)2.33M2.55M2.68M2.58M3.82M2.75M
EBIT25.57M-538.69M-967.59M87.28M54.39M93.43M
Net Interest Income+1.56M477K-110K-295K4.9M5.29M
Interest Income1.56M477K004.9M5.29M
Interest Expense00110K295K00
Other Income/Expense2.42M-2.4M16.07M15.38M4.29M7.37M
Pretax Income+27.99M-541.09M-951.52M102.66M56.1M96.36M
Pretax Margin %0.1%-1.49%-1.73%0.2%0.13%0.24%
Income Tax+002.36M1.49M1.8M3.25M
Effective Tax Rate %1%0.99%1.06%0.18%0.03%0.07%
Net Income+27.96M-538.37M-1.01B17.99M1.78M7.06M
Net Margin %0.1%-1.48%-1.85%0.04%0%0.02%
Net Income Growth %--20.26%-0.88%1.02%-0.9%2.96%
Net Income (Continuing)27.99M-541.09M-953.88M101.17M54.3M93.11M
Discontinued Operations000000
Minority Interest-5.77M-5.87M-356.72M-277.19M-277.86M-205.39M
EPS (Diluted)+10.80-208.07-504.6914.541.003.57
EPS Growth %--20.27%-1.43%1.03%-0.93%2.57%
EPS (Basic)10.80-208.07-504.6914.611.123.68
Diluted Shares Outstanding2.59M2.59M1.89M1.24M1.67M1.97M
Basic Shares Outstanding2.59M2.59M1.89M1.23M1.59M1.92M
Dividend Payout Ratio0.73%---3.22%0.21%

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+205.7M180.64M246.39M279.18M267.84M168.83M
Cash & Short-Term Investments170.52M114.42M139.08M158.57M155.17M97.88M
Cash Only170.52M114.42M139.08M158.57M155.17M97.88M
Short-Term Investments000000
Accounts Receivable7.33M13.27M8.6M5.55M9.71M2.42M
Days Sales Outstanding9.8313.35.723.957.912.16
Inventory000111.69M00
Days Inventory Outstanding---650.19--
Other Current Assets22.74M44.41M85.67M-8.36M93.65M58.48M
Total Non-Current Assets+70.5M104.18M175.16M163.33M128.71M90.68M
Property, Plant & Equipment16.08M13.75M12.09M10.36M8.02M3.77M
Fixed Asset Turnover16.93x26.48x45.43x49.46x55.88x108.29x
Goodwill18.1M18.1M23.29M31.31M31.04M30.04M
Intangible Assets7.18M5.28M8.61M16.05M6.25M4.67M
Long-Term Investments000000
Other Non-Current Assets29.14M67.04M122.21M98.29M73.71M42.12M
Total Assets+276.2M284.81M421.55M442.51M396.56M259.51M
Asset Turnover0.99x1.28x1.30x1.16x1.13x1.57x
Asset Growth %-0.03%0.48%0.05%-0.1%-0.35%
Total Current Liabilities+254.43M345.54M395.49M385.51M373.89M260.21M
Accounts Payable4.98M11.97M4.76M686K559K4.01M
Days Payables Outstanding42.7128.267.263.993.5928.9
Short-Term Debt4.26M00000
Deferred Revenue (Current)01000K1000K1000K1000K1000K
Other Current Liabilities209.59M19.58M24.91M37.64M42.24M36.26M
Current Ratio0.81x0.52x0.62x0.72x0.72x0.65x
Quick Ratio0.81x0.52x0.62x0.43x0.72x0.65x
Cash Conversion Cycle---650.15--
Total Non-Current Liabilities+289.84M859.88M431.32M355.38M311.61M217.23M
Long-Term Debt1.13M00000
Capital Lease Obligations8.49M7.83M6.93M5.83M4.37M2.74M
Deferred Tax Liabilities000000
Other Non-Current Liabilities280.21M597.58M31.35M1.28M2.9M5.48M
Total Liabilities544.27M1.21B826.82M740.89M685.5M477.44M
Total Debt+15.96M8.9M8.21M7.32M5.81M4.37M
Net Debt-154.56M-105.52M-130.87M-151.26M-149.36M-93.51M
Debt / Equity------
Debt / EBITDA0.57x--0.08x0.10x0.05x
Net Debt / EBITDA-5.54x---1.68x-2.69x-1.02x
Interest Coverage---8796.30x295.87x--
Total Equity+-268.06M-920.61M-405.26M-298.38M-288.94M-217.92M
Equity Growth %--2.43%0.56%0.26%0.03%0.25%
Book Value per Share-103.60-355.79-214.42-241.15-173.48-110.60
Total Shareholders' Equity-262.3M-914.75M-48.55M-21.2M-11.08M-12.54M
Common Stock-262.29M031K32K33K32K
Retained Earnings00-146.12M-128.13M-126.34M-119.28M
Treasury Stock000000
Accumulated OCI-3K-17K-9K44K65K56K
Minority Interest-5.77M-5.87M-356.72M-277.19M-277.86M-205.39M

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+54.2M55.88M63.63M48.37M62.43M-22.15M
Operating CF Margin %0.2%0.15%0.12%0.09%0.14%-0.05%
Operating CF Growth %-0.03%0.14%-0.24%0.29%-1.35%
Net Income27.99M-538.37M-953.88M101.17M1.78M93.11M
Depreciation & Amortization2.33M2.55M2.68M3.09M3.82M2.75M
Stock-Based Compensation8.61M553.6M210.91M9.04M23.38M12.2M
Deferred Taxes-3.26M02.36M1.49M1.8M2.87M
Other Non-Cash Items3.1M110.37M711.81M-13.55M60.62M4.96M
Working Capital Changes15.42M-72.27M89.76M-52.87M-28.98M-138.04M
Change in Receivables-6.51M-5.07M4.59M3.77M-488K2.65M
Change in Inventory000000
Change in Payables000000
Cash from Investing+12.39M-9.65M-8.31M-13.24M-1.9M-681K
Capital Expenditures-929K-290K-1.17M-171K-65K-133K
CapEx % of Revenue0%0%0%0%0%0%
Acquisitions------
Investments------
Other Investing0-195K00-1.66M-548K
Cash from Financing+-27.34M-103.37M-30.68M-16.19M-63.95M-34.46M
Debt Issued (Net)------
Equity Issued (Net)------
Dividends Paid-20.47M-101.77M-135.45M0-5.74M-1.51M
Share Repurchases------
Other Financing-4.94M3.79M108.11M-5.12M-58.89M-22.45M
Net Change in Cash------
Free Cash Flow+53.27M55.59M62.46M48.2M60.7M-22.83M
FCF Margin %0.2%0.15%0.11%0.09%0.14%-0.06%
FCF Growth %-0.04%0.12%-0.23%0.26%-1.38%
FCF per Share20.5921.4833.0538.9636.44-11.59
FCF Conversion (FCF/Net Income)1.94x-0.10x-0.06x2.69x35.03x-3.14x
Interest Paid0339K0000
Taxes Paid000000

Key Ratios

Metric201920202021202220232024
Gross Margin84.37%57.55%56.44%87.76%87.33%87.6%
Net Margin10.27%-147.83%-184.51%3.51%0.4%1.73%
Interest Coverage---8796.30x295.87x--
FCF Conversion1.94x-0.10x-0.06x2.69x35.03x-3.14x
Revenue Growth-33.78%50.8%-6.7%-12.53%-8.81%

Revenue by Segment

2021202220232024
Subscription and Circulation--442.33M404.5M
Subscription and Circulation Growth----8.55%
Advertising--732K766K
Advertising Growth---4.64%

Revenue by Geography

2021202220232024
UNITED STATES547.03M512.08M448.09M408.7M
UNITED STATES Growth--6.39%-12.50%-8.79%
Non-US2.16M320K91K-
Non-US Growth--85.16%-71.56%-

Frequently Asked Questions

Valuation & Price

MarketWise, Inc. (MKTW) has a price-to-earnings (P/E) ratio of 4.4x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

MarketWise, Inc. (MKTW) reported $342.2M in revenue for fiscal year 2024. This represents a 26% increase from $272.2M in 2019.

MarketWise, Inc. (MKTW) saw revenue decline by 8.8% over the past year.

Yes, MarketWise, Inc. (MKTW) is profitable, generating $5.8M in net income for fiscal year 2024 (1.7% net margin).

Dividend & Returns

Yes, MarketWise, Inc. (MKTW) pays a dividend with a yield of 4.83%. This makes it attractive for income-focused investors.

MarketWise, Inc. (MKTW) generated $27.5M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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