MarketWise(MKTW) - 2025 Q4 - Annual Results

Financial Performance - Q4 2025 Billings totaled approximately $79 million, representing a 42% year-over-year increase and over a 23% sequential increase compared to Q3 2025[5] - FY 2025 Billings reached approximately $271 million, exceeding guidance of $250 million[5] - Cash from Operating Activities (CFFO) for Q4 2025 was approximately $24 million, with FY 2025 CFFO totaling $45 million, surpassing guidance of $30 million and showing a $65 million improvement compared to FY 2024[5][13] - Cash and cash equivalents increased to $70 million at December 31, 2025, up from $51 million at September 30, 2025, due to strong CFFO[5][15] Subscriber Metrics - The company had 374 thousand paid subscribers and 2.0 million active free subscribers as of December 31, 2025[5][8] - The customer mix improved, with 65% of customers having a lifetime spend of over $500, contributing to sales growth and margin expansion[10] Future Reporting and Proposals - The company plans to report full audited results for Q4 and FY 2025 by March 31, 2026[23] - A proposal was received from Monument & Cathedral Holdings, LLC to acquire all outstanding equity interests of the company for cash consideration of $17.25 per share[20] Dividends and Tax Payments - The Board of Directors declared a quarterly cash dividend of $0.20 per share, paid on December 24, 2025[21] - Tax distribution payments for FY 2025 totaled $49.8 million, with expectations for a decline to approximately $35 million in FY 2026[17]