MARKETWISE, INC.
MKTWNasdaqTechnology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $328.1M | $408.7M | $448.2M | $512.4M | $549.2M | $360.8M |
| Operating income | $62.6M | $89.0M | $51.8M | $87.3M | −$967.6M | −$538.7M |
| Net income | $5.6M | $7.1M | $1.8M | $18.0M | −$1.01B | −$538.4M |
| Total assets | $218.4M | $259.5M | $396.6M | $442.5M | $421.6M | $284.8M |
| Total liabilities | $432.0M | $477.4M | $685.5M | $740.9M | $826.8M | $1.21B |
| Equity | −$11.7M | −$12.5M | −$11.1M | −$21.2M | −$48.5M | $0 |
| EPS (diluted) | $2.31 | $3.58 | $1.07 | $0.73 | $0.73 | — |
| Shares out. | 2.4M | 2.0M | 1.7M | 24.7M | 25.0M | 10.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 19.1%
- Net margin
- 1.7%
- Return on equity
- −48.1%
- Return on assets
- 2.6%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 197.8%
- Debt / equity
- —
- Book value / share
- $-4.80
- Revenue growth (YoY)
- −19.7%
- Net income growth (YoY)
- −20.4%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -2.88distress
- Accruals / assets
- −18.5%clean
- Beneish M-Score
- -0.92elevated
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 3 warning● 3 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Beneish M-Score elevated — earnings-manipulation screen flag
- Operating margin is positive
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 18, 2021
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Blackrock, Inc.Passive (13G)Apr 27, 2026
- Robert Dale LynchPassive (13G)Apr 23, 2026
- Pinkney Partners, L.P.Passive (13G)Mar 27, 2026
- Stansberry Frank PorterActivist (13D)Mar 23, 2026
- Monument & Cathedral Holdings, LlcActivist (13D)Feb 17, 2026
- Barclays PlcPassive (13G)Aug 12, 2025
- Greenhaven Road Investment Management, L.P.Activist (13D)Feb 14, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 27,576 | 1.0 | +19.9% |
| Apr 30, 2026 | 23,006 | 1.0 | +9.4% |
| Apr 15, 2026 | 21,030 | 1.0 | -17.6% |
| Mar 31, 2026 | 25,509 | 1.0 | -24.7% |
| Mar 13, 2026 | 33,872 | 1.9 | +20.4% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operations · Other material eventMay 7, 2026
- Entered a material agreementApr 24, 2026
- Results of operationsApr 13, 2026
- Regulation FD disclosureMar 17, 2026
- Results of operationsMar 6, 2026
- Regulation FD disclosureMar 3, 2026
- Regulation FD disclosureFeb 19, 2026
- Results of operationsJan 22, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 4FORM 4May 26, 2026
- 4FORM 4May 22, 2026
- 4FORM 4May 19, 2026
- 4FORM 4May 14, 2026
- 4FORM 4May 12, 2026
- 4FORM 4May 11, 2026
- 8-KMay 7, 2026
- 10-QMay 7, 2026
- SCHEDULE 13G/AApr 27, 2026
- 8-KApr 24, 2026
- SCHEDULE 13G/AApr 23, 2026
- DEFA14AApr 17, 2026
- DEF 14AApr 17, 2026
- 8-KApr 13, 2026
- SCHEDULE 13GMar 27, 2026
Event-driven situations (3)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.