NASDAQ$MKTW
Marketwise Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
MarketWise reported its fourth quarter and full year 2024 financial results, showing a decrease in revenue but an increase in net income for the quarter.
MarketWise reported a net income of $26.4 million for Q4 2024, a significant increase from $1.9 million in Q4 2023, despite a decrease in total net revenue to $97.5 million from $112.2 million in the prior year's quarter. Full year 2024 net income was $93.1 million on $408.7 million in revenue.
- Net income for Q4 2024 significantly increased to $26.4 million from $1.9 million in Q4 2023.
- Total net revenue for Q4 2024 decreased to $97.5 million from $112.2 million in Q4 2023.
- Paid Subscribers decreased to 506 thousand as of December 31, 2024, from 737 thousand as of December 31, 2023.
- The Board authorized a new stock repurchase program of up to $50 million.
Headline financials
Revenue & EPS history
Marketwise · Revenue · Quarterly
$97.5M
Forward guidance
MarketWise expects continued growth in Billings into Q1 2025, driven by compelling content, customer acquisition, and strong pricing. The company plans a reverse stock split to improve share price and market perception, and will continue to evaluate opportunistic share repurchases.
Tailwinds
- Billings increased sequentially in Q4 2024 and continued to grow over 10% in the first two months of Q1 2025.
- The company is returning to profitability, indicating progress on strategic pillars of growth and efficiency.
- A reverse stock split is planned to make the per share price more attractive to institutional investors and meet Nasdaq requirements.
- The Board approved a quarterly dividend, demonstrating commitment to returning capital to shareholders.
- A share repurchase program of up to $50 million was authorized, indicating confidence in future financial results.
Headwinds
- Future tax distributions and special dividends will be dependent on a variety of factors.
- The company's credit facility matured in October 2024, with no immediate plans for a new one, though it may be considered in the future.
- Adjusted CFFO and Adjusted CFFO Margin are expected to fluctuate due to investments in growth strategy and non-recurring items.
- The ability to effectuate the reverse stock split is subject to risks and uncertainties.
- The company's ability to attract new subscribers and retain existing ones is a continuous challenge.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
-1.4%
Avg return
Earnings day
-0.6%
Avg return
5 days after
-3.4%
Avg return
30 days after
46%
11 / 24 earnings
Positive
+18.7%
Q2 2024
Best reaction
-30.3%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.1% | +7.5% | -2.1% | |
| Q4 2025 | +0.3% | +1.8% | +29.0% | |
| Q4 2024 | -10.4% | +1.8% | +29.0% | |
| Q4 2026 | -0.5% | -4.3% | -14.9% | |
| Q3 2025 | +0.0% | +0.1% | -4.9% | |
| Q2 2025 | -3.2% | -0.3% | -8.6% | |
| Q1 2025 | +2.7% | +7.8% | +7.5% | |
| Q3 2024 | -4.0% | -13.7% | -13.1% | |
| Q2 2024 | +18.7% | +10.0% | -0.9% | |
| Q1 2024 | +2.5% | +0.0% | -22.2% | |
| Q4 2023 | +3.3% | +4.9% | -10.9% | |
| Q3 2023 | -1.2% | +17.2% | +12.3% | |
| Q2 2023 | -5.4% | -10.5% | -25.4% | |
| Q1 2023 | +9.6% | +7.8% | +45.2% | |
| Q4 2022 | +8.2% | -5.3% | +7.6% | |
| Q3 2022 | -17.5% | -7.3% | -17.9% | |
| Q2 2022 | +15.0% | +27.7% | -15.0% | |
| Q1 2022 | -30.3% | -29.2% | -25.1% | |
| Q4 2021 | -7.4% | -11.3% | -9.3% | |
| Q3 2021 | +2.7% | +3.4% | -15.5% | |
| Q2 2021 | -18.5% | -23.9% | -30.0% | |
| Q1 2021 | +0.1% | +0.0% | +0.5% | |
| Q4 2020 | +0.0% | +0.3% | +0.2% | |
| Q3 2020 | +1.0% | +1.0% | +3.9% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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