MarketWise announces special dividend of 20c per share
Quarterly Dividend Announcement: MarketWise's Board of Directors declared a quarterly cash dividend of 20c per share for Class A common stock and an equivalent distribution for MarketWise, LLC units, both payable on September 25.
Special Dividend Declaration: Additionally, a special dividend of 20c per share for Class A common stock has been approved, with the Record Date set for August 15.
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- Significant Billing Growth: MarketWise estimates Q4 billings to reach approximately $79 million, reflecting a 23% sequential increase and a 42% year-over-year growth, indicating strong market performance and sustained growth potential.
- Full-Year Performance Exceeds Expectations: For the full year 2025, billings are projected at around $271 million, surpassing the guidance of $250 million, showcasing the company's successful strategies in customer acquisition and revenue growth.
- User Base Expansion: As of December 31, 2025, consolidated paid subscribers reached 374,000, with active free subscribers at 2.0 million, demonstrating effective efforts in user growth and market penetration.
- Robust Cash Flow: The cash and cash equivalents balance increased to $70 million as of December 31, 2025, up from $51 million on September 30, 2025, enhancing the company's financial flexibility and capacity for future investments.

MarketWise Announces Q3 2025 Net Revenue of $81.3 Million and Net Income of $17.9 Million; Billings Up 30% Year-Over-Year; Declares Quarterly and Special Dividends of $0.40 per Class A Share, Reaching $1.90 Total Dividends for FY 2025 with a 13% Cash Yield; Outlines Preliminary FY 2026 Goals, Aiming for 50% Increase in CFFO
Financial Performance: MarketWise, Inc. reported total net revenue of $81.3 million and total billings of $63.7 million for Q3 2025, marking a 30% year-over-year increase in billings. The company also achieved a net income of $17.9 million and improved cash from operating activities by $8 million compared to Q3 2024.
Dividend Announcement: On October 30, 2025, MarketWise declared a quarterly and special dividend totaling $0.40 per Class A share, with total dividends expected to reach $1.90 per share for FY 2025, reflecting a 13% yield based on the stock price at the time.
Strategic Shift: The company has shifted its pricing strategy to attract more serious investors, resulting in higher revenue per user and improved margins, despite a decline in paid subscribers. This strategy aims to stabilize the subscriber base while focusing on efficient growth and maximizing lifetime value.
Future Outlook: MarketWise anticipates continued momentum into Q4 2025, with expectations to meet or exceed FY 2025 targets for billings and cash from operating activities. Preliminary targets for FY 2026 include billings of approximately $290 million and cash from operating activities of $45 million, alongside a disciplined approach to capital allocation.

Buyout Proposal: MarketWise has received a buyout offer from Monument & Cathedral Holdings to acquire all remaining shares for $17.25 each, contingent on the termination of its tax receivable agreement.
Board Review: The board of directors is currently reviewing the proposal with advisors, indicating that the outcome may not lead to a transaction and updates will only be provided if a definitive agreement is reached or legally required.
Current Share Performance: MarketWise shares closed at $14.30, reflecting a nearly 26% increase year-to-date.
Recent Financial Results: Following the announcement of Q2 results, MarketWise's stock experienced a ~5% increase, reporting a GAAP EPS of $0.53 and revenue of $80 million, surpassing expectations by $6.38 million.
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MarketWise Reports Net Revenue of $80.0 Million for Second Quarter 2025 and Net Income of $15.3 Million; Second Quarter Billings of $58.2 Million Increased 10% YoY, on an Adjusted Basis; Cash From Operating Activities were $17.8 Million, a YoY Improvement of Over $20 Million; Announced Quarterly and Special Dividend Totaling $0.40 per Class A Share
Financial Performance: MarketWise, Inc. reported a total net revenue of $80 million and a net income of $15.3 million for the second quarter of 2025, with cash from operating activities improving significantly to $17.8 million compared to the previous year.
Future Outlook: The company anticipates achieving its FY 2025 targets, including a projected 20% increase in billings and estimated dividends for Class A shareholders between $1.60 to $1.80 per share, while maintaining a strong balance sheet with $69 million in cash and no debt.
New Appointment: MarketWise, Inc. has appointed Erik Mickels as Chief Operating and Financial Officer to enhance operational excellence and financial strategy as the company aims to provide top-tier financial insights to self-directed investors.
Leadership Experience: Mickels brings over 25 years of experience in transforming organizations and driving growth, with a strong focus on delivering value for customers and supporting the company's mission in the evolving investment landscape.







