Corrects Q2 billings figure to $58.2 mln in key details table
Overview
MarketWise reports Q2 revenue of $80 mln, beating analysts' expectations
Net income for Q2 2025 was $15.3 mln, down from last year
Cash from operating activities improved significantly to $17.8 mln
Outlook
MarketWise expects FY 2025 billings to increase by 20% to $250 mln
Company projects FY 2025 cash flow from operations at $30 mln
MarketWise estimates FY 2025 dividends at $1.60-$1.80 per share
Company notes strong ARPU and initiatives to boost subscriber growth
Result Drivers
BILLINGS INCREASE - Co reports adjusted billings up 10% year-over-year, indicating positive demand
CASH FLOW IMPROVEMENT - Cash from operating activities improved by $21.6 mln compared to Q2 2024
ARPU STRENGTH - Strong average revenue per user reflects value customers see in co's products
Key Details
Press Release: ID:nGNXbFYtTs
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)