mktw: the income statement

MyFinsight

MARKETWISE, INC. (MKTW)

For the quarter ending 2025-06-30, MKTW made $79,950K in revenue. $1,297K in net income. Net profit margin of 1.62%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2025-03-31	2024-09-30	2024-06-30
Total net revenue	79,950	83,507	97,186	105,046
Sales and marketing	31,626	34,078	36,644	42,722
Research and development	2,141	2,346	2,614	2,171
Impairment of intangible assets	-	380	-	-
General and administrative	19,744	17,328	22,480	24,514
Depreciation and amortization	500	531	635	669
Related party expense	178	129	9	257
Cost of revenue	10,950	11,935	12,902	13,379
Total operating expenses	65,139	66,727	75,284	83,712
Income from operations	14,811	16,780	21,902	21,334
Interest income, net	769	941	1,185	1,341
Other income (expense), net	343	158	632	-656
Income before income taxes	15,923	17,879	23,719	22,019
Income tax expense	613	1,038	973	779
Net income	15,310	16,841	22,746	21,240
Net income attributable to noncontrolling interests	14,013	15,951	21,026	19,696
Net income attributable to marketwise, inc	1,297	890	1,720	1,544

Earnings per share basic (usd per share)	0.55	0.43	0.04	0.04
Earnings per share diluted (usd per share)	0.53	0.41	0.04	0.04
Weighted average shares outstanding basic (in shares)	2,357,000	2,051,000	38,964,000	38,204,000
Weighted average shares outstanding diluted (in shares)	2,445,000	2,160,000	39,662,000	38,833,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS)