MarketWise takeover bid withdrawn; fourth-quarter billings up 42%, $45M cash flow

MKTWMKTW

MarketWise confirmed Monument & Cathedral Holdings withdrew its unsolicited $17.25-per-share takeover offer after the board deemed it undervalued. The company reported fourth-quarter billings rose 42% year-over-year, full-year 2025 operating cash flow reached $45 million and delivered a 13% dividend yield.

1. Withdrawal of $17.25-Per-Share Acquisition Proposal

MarketWise has confirmed that Monument & Cathedral Holdings has withdrawn its unsolicited non-binding proposal to acquire all outstanding securities at $17.25 per share. The Special Committee evaluated the offer with independent advisors and concluded the price undervalued the company’s growth prospects.

2. Fourth-Quarter and Full-Year Financial Highlights

Preliminary unaudited results show fourth-quarter billings increased 42% year-over-year and full-year 2025 cash flow from operating activities reached $45 million, both exceeding prior guidance. Strong operating cash flow supported a 13% cash dividend yield for the year.

3. Standalone Strategy and Capital Return

Management remains focused on driving sustainable subscription growth, enhancing operational efficiency and returning capital through dividends and share repurchases. The company will release audited results for fourth quarter and full-year 2025 in March 2026 and continues to prioritize product innovation and subscriber retention.

Sources

F