Financial Snapshot

Revenue
$637.5M
TTM
Gross Margin
90.44%
TTM
Net Earnings
-$10.50M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
291.28%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$322.4M
Q3 2024
Cash
Q3 2024
P/E
-97.08
Nov 15, 2024 EST
Free Cash Flow
$65.80M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $599.4M $538.9M $379.6M $245.3M $228.3M
YoY Change 11.23% 41.97% 54.75% 7.45%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $599.4M $538.9M $379.6M $245.3M $228.3M
Cost Of Revenue $54.00M $39.80M $28.50M $21.30M $16.10M
Gross Profit $545.4M $499.1M $351.1M $224.0M $212.2M
Gross Profit Margin 90.99% 92.61% 92.49% 91.32% 92.95%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $461.3M $433.8M $309.8M $172.0M $137.8M
YoY Change 6.34% 40.03% 80.12% 24.82%
% of Gross Profit 84.58% 86.92% 88.24% 76.79% 64.94%
Research & Development $80.50M $77.60M $62.20M $50.90M $46.00M
YoY Change 3.74% 24.76% 22.2% 10.65%
% of Gross Profit 14.76% 15.55% 17.72% 22.72% 21.68%
Depreciation & Amortization $48.20M $37.00M $27.10M $15.10M $9.400M
YoY Change 30.27% 36.53% 79.47% 60.64%
% of Gross Profit 8.84% 7.41% 7.72% 6.74% 4.43%
Operating Expenses $541.8M $511.4M $372.0M $222.9M $183.8M
YoY Change 5.94% 37.47% 66.89% 21.27%
Operating Profit $3.600M -$19.00M -$39.00M $1.900M $28.40M
YoY Change -118.95% -51.28% -2152.63% -93.31%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $800.0K $2.500M $1.300M $1.100M $1.100M
YoY Change -68.0% 92.31% 18.18% 0.0%
% of Operating Profit 22.22% 57.89% 3.87%
Other Income/Expense, Net $2.700M -$1.000M $1.300M -$1.000M -$500.0K
YoY Change -370.0% -176.92% -230.0% 100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income $6.300M -$20.00M -$37.70M $900.0K $27.90M
YoY Change -131.5% -46.95% -4288.89% -96.77%
Income Tax $18.10M -$9.800M $4.800M -$4.400M $3.700M
% Of Pretax Income 287.3% -488.89% 13.26%
Net Earnings -$11.80M -$10.20M -$42.50M $5.300M $24.20M
YoY Change 15.69% -76.0% -901.89% -78.1%
Net Earnings / Revenue -1.97% -1.89% -11.2% 2.16% 10.6%
Basic Earnings Per Share -$0.15 -$0.14 -$0.82 $0.12 $0.57
Diluted Earnings Per Share -$0.15 -$0.14 -$0.82 $0.09 $0.45

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $100.4M $85.90M $169.8M $85.40M $67.60M
YoY Change 16.88% -49.41% 98.83% 26.33%
Cash & Equivalents $100.4M $83.90M $167.8M $83.40M $67.60M
Short-Term Investments $2.100M $2.000M $2.000M $2.000M $0.00
Other Short-Term Assets $22.50M $10.50M $12.10M $5.300M $3.000M
YoY Change 114.29% -13.22% 128.3% 76.67%
Inventory
Prepaid Expenses
Receivables $75.50M $92.80M $60.60M $38.50M $37.20M
Other Receivables $0.00 $0.00 $300.0K $200.0K $100.0K
Total Short-Term Assets $198.4M $189.2M $242.8M $129.4M $107.9M
YoY Change 4.86% -22.08% 87.64% 19.93%
Property, Plant & Equipment $59.80M $60.40M $48.80M $41.70M $34.10M
YoY Change -0.99% 23.77% 17.03% 22.29%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.000M $800.0K $1.100M $4.700M $2.300M
YoY Change 150.0% -27.27% -76.6% 104.35%
Total Long-Term Assets $220.2M $236.5M $121.3M $125.8M $36.70M
YoY Change -6.89% 94.97% -3.58% 242.78%
Total Assets $418.6M $425.7M $364.1M $255.2M $144.6M
YoY Change
Accounts Payable $1.700M $3.600M $3.200M $5.400M $1.800M
YoY Change -52.78% 12.5% -40.74% 200.0%
Accrued Expenses $35.60M $37.90M $32.10M $18.60M $20.10M
YoY Change -6.07% 18.07% 72.58% -7.46%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $5.000M
YoY Change -100.0%
Total Short-Term Liabilities $37.30M $72.40M $65.80M $24.00M $26.90M
YoY Change -48.48% 10.03% 174.17% -10.78%
Long-Term Debt $0.00 $0.00 $0.00 $30.20M $30.50M
YoY Change -100.0% -0.98%
Other Long-Term Liabilities $14.40M $11.60M $38.87M $47.97M $10.40M
YoY Change 24.14% -70.15% -18.97% 361.22%
Total Long-Term Liabilities $14.40M $11.60M $38.87M $78.17M $40.90M
YoY Change 24.14% -70.15% -50.28% 91.12%
Total Liabilities $51.70M $84.00M $106.5M $103.7M $67.80M
YoY Change -38.45% -21.1% 2.7% 52.9%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 76.70M shares 70.60M shares 51.90M shares 44.30M shares 42.10M shares
Diluted Shares Outstanding 76.70M shares 70.60M shares 51.90M shares 56.30M shares 54.30M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.0193 Billion

About NerdWallet Inc

NerdWallet, Inc. engages in the provision of financial education and empowerment through online tools. The company is headquartered in San Francisco, California and currently employs 730 full-time employees. The company went IPO on 2021-11-04. The firm offers NerdWallet, a consumer-first platform that empowers consumers and medium-sized businesses (SMBs). The company provides consumer-driven advice about personal finance through its platform by connecting individuals and SMBs with providers of financial products. The firm's platform delivers a range of financial products, including credit cards, mortgages, insurance, SMB products, personal loans, banking, investing and student loans. Its platform uses guidance and machine learning capabilities to help consumers with personalized insights. The firm enables its consumers to access its content and comparison-shopping marketplaces, plus a data-driven application, which helps them stay on top of their finances and save time and money. The firm's NerdWallet platform is available to consumers in the United States, United Kingdom, Canada, and Australia.

Industry: Services-Computer Processing & Data Preparation Peers: PROG Holdings Inc American Express Co Atlanticus Holdings Corp Encore Capital Group Inc Enova International Inc EZCORP Inc Green Dot Corp LendingClub Corp Sunlight Financial Holdings Inc. World Acceptance Corp