A Business at a Glance
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| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 342M | 409M | 448M | 512M | 548M | 361M |
| Net Income | 5.8M | 7.1M | 1.8M | 18M | -1.0B | -538M |
| EPS | $2.54 | $3.60 | $1.00 | $14.60 | $-62.18 | $-33.69 |
| Free Cash Flow | 27M | -22M | 62M | 48M | 63M | 56M |
| ROIC | 22.8% | 23.5% | 6.5% | 18.2% | -181.3% | - |
| Gross Margin | - | 87.6% | 87.3% | 87.8% | 56.3% | 57.1% |
| Debt/Equity | 0.00 | -21.70 | -36.79 | -21.88 | -9.68 | - |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 74M | 89M | 52M | 87M | -968M | -539M |
| Operating Margin | 21.5% | 21.8% | 11.6% | 17.0% | -176.6% | -149.3% |
| ROE | 0.0% | - | - | - | - | - |
| Shares Outstanding | 2M | 16M | 16M | 16M | 16M | 16M |
| Metric | 2020 | 2021 | 2022 | |||
|---|---|---|---|---|---|---|
| Income Statement | ||||||
| Revenue | 361M | 548M | 512M | 448M | 409M | 342M |
| Gross Margin | 57.1% | 56.3% | 87.8% | 87.3% | 87.6% | N/A |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | N/A | N/A | N/A | N/A | N/A | N/A |
| EBIT | -539M | -968M | 87M | 52M | 89M | 74M |
| Op. Margin | -149.3% | -176.6% | 17.0% | 11.6% | 21.8% | 21.5% |
| Net Income | -538M | -1.0B | 18M | 1.8M | 7.1M | 5.8M |
| Net Margin | -149.2% | -184.9% | 3.5% | 0.4% | 1.7% | 1.7% |
| Non-Recurring | 0 | 0 | 0 | 2.6M | 4.4M | 4.4M |
| Returns on Capital | ||||||
| ROIC | N/A | -181.3% | 18.2% | 6.5% | 23.5% | 22.8% |
| ROE | N/A | N/A | N/A | N/A | N/A | 0.0% |
| ROA | -189.0% | -240.4% | 4.1% | 0.4% | 2.2% | 2.9% |
| Cash Flow | ||||||
| Op. Cash Flow | 56M | 64M | 48M | 62M | -22M | 28M |
| Free Cash Flow | 56M | 63M | 48M | 62M | -22M | 27M |
| Owner Earnings | 35M | -150M | 36M | 35M | -37M | 13M |
| CapEx | 290K | 157K | 35K | 65K | 133K | 259K |
| Maint. CapEx | 2.6M | 2.7M | 3.1M | 3.8M | 2.8M | 2.8M |
| Growth CapEx | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A | 2.6M | 2.7M | 3.1M | 3.8M | 2.8M | 2.8M |
| CapEx/OCF | 0.5% | 0.2% | 0.1% | 0.1% | N/A | 0.9% |
| Capital Allocation | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 3.3M | 13M | 0 | 11M | 11M |
| Buyback Yield | N/A | 0.2% | 3.2% | N/A | 7.7% | 27.5% |
| Stock-Based Comp | 19M | 211M | 9.0M | 23M | 12M | 12M |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | ||||||
| Net Debt | N/A | N/A | N/A | N/A | N/A | -51M |
| Cash & Equiv. | N/A | N/A | N/A | N/A | N/A | 51M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt/Equity | N/A | -9.68 | -21.88 | -36.79 | -21.70 | 0.00 |
| Interest Coverage | -1129.3 | -8796.3 | 295.9 | 10.6 | 16.8 | 16.8 |
| Equity | N/A | -49M | -21M | -11M | -13M | -15M |
| Total Assets | 285M | 422M | 443M | 397M | 260M | 202M |
| Total Liabilities | N/A | 470M | 464M | 408M | 272M | 428M |
| Intangibles | 23M | 32M | 47M | 37M | 35M | 35M |
| Retained Earnings | N/A | -146M | -128M | -126M | -119M | -119M |
| Working Capital | -165M | -149M | -106M | -106M | -91M | -91M |
| Current Assets | 181M | 246M | 279M | 268M | 169M | 169M |
| Current Liabilities | 346M | 395M | 386M | 374M | 260M | 260M |
| Per Share Data | ||||||
| EPS | -33.69 | -62.18 | 14.60 | 1.00 | 3.60 | 2.54 |
| Owner EPS | 2.16 | -9.20 | 2.20 | 2.17 | -2.29 | 5.29 |
| Book Value | N/A | -2.98 | -1.29 | -0.68 | -0.77 | -6.01 |
| Cash Flow/Share | 3.50 | 3.90 | 2.94 | 3.85 | -1.37 | 3.55 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | 16.0M | 16.3M | 16.5M | 16.2M | 16.2M | 2.4M |
| Valuation | ||||||
| P/E Ratio | N/A | N/A | 1.7 | 48.5 | 2.4 | 6.4 |
| P/FCF | 46.7 | 28.8 | 8.3 | 12.6 | N/A | 1.4 |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | -0.2 |
| Price/Book | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Sales | 6.8 | 4.3 | 1.8 | 1.2 | 0.9 | 0.1 |
| FCF Yield | 2.1% | 3.5% | 12.0% | 7.9% | -15.9% | 69.9% |
| Market Cap | 2.6B | 1.8B | 403M | 787M | 140M | 39M |
| Avg. Price | 154.45 | 144.85 | 55.63 | 32.02 | 21.54 | 16.26 |
| Year-End Price | 162.31 | 112.20 | 24.43 | 48.48 | 8.64 | 16.26 |
MARKETWISE, INC. passes 2 of 9 quality checks, indicating weak fundamentals.
MARKETWISE, INC. trades at 6.4x trailing earnings, compared to its 15-year median P/E of 2.4x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 1.4x vs a median of 20.7x. The company's 5-year average gross margin is 75.2%. Total shareholder yield (buybacks) is 27.5%. At current prices, the estimated annualized return to fair value is -9.4%.
MARKETWISE, INC. (MKTW) has a current P/E ratio of 6.4, compared to its historical median P/E of 2.4. The stock is currently considered Fair based on its historical valuation range.
MARKETWISE, INC. (MKTW) has a 5-year average return on invested capital (ROIC) of -33.3%. This is below average and may indicate limited pricing power.
MARKETWISE, INC. (MKTW) has a market capitalization of $39M. It is classified as a small-cap stock.
MARKETWISE, INC. (MKTW) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 27.49%.
Based on historical P/E analysis, MARKETWISE, INC. (MKTW) appears fair. The current P/E of 6.4 is 167% above its historical median of 2.4. The estimated fair value CAGR (P/E method) is -38.1%.
MARKETWISE, INC. (MKTW) operates in the Services-Prepackaged Software industry, within the Technology sector.
MARKETWISE, INC. (MKTW) reported annual revenue of $409 million in its most recent fiscal year, based on SEC EDGAR filings.
MARKETWISE, INC. (MKTW) has a net profit margin of 1.7%. This is a modest margin.
MARKETWISE, INC. (MKTW) generated $-22 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
MARKETWISE, INC. (MKTW) reported earnings per share (EPS) of $3.60 in its most recent fiscal year.
MARKETWISE, INC. (MKTW) has a 5-year average gross margin of 75.2%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 5 years of financial data for MARKETWISE, INC. (MKTW), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
MARKETWISE, INC. (MKTW) has a book value per share of $-0.77, based on its most recent annual SEC filing.