- MarketWise press release ( NASDAQ: MKTW ): Q2 Net Income $34M
- Revenue of $128M (-9.9% Y/Y) misses by $3.04M .
- Total Billings in second quarter 2022 was $117.5 million compared to $185.1 million in second quarter 2021
- Cash flow from operations (“CFFO”) was $26.8 million in second quarter 2022 compared to $58.9 million cash inflow in second quarter 2021
- CFFO margin was 20.9% in second quarter 2022 compared to 41.5% in second quarter 2021
- Adjusted CFFO, a non-GAAP measure, was $26.8 million in second quarter 2022 compared to $59.4 million in second quarter 2021
- Adjusted CFFO margin, a non-GAAP measure was 22.8% in second quarter 2022 compared to 32.1% in second quarter 2021
For further details see:
MarketWise reports Q2 results