Nerdy Inc - Understand $nrdy stock

$NRDY Market Cap: $183.4 Million

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Financial Snapshot

Revenue

$200.1M

TTM

Gross Margin

69.34%

TTM

Net Earnings

-$34.48M

TTM

Current Assets

$82.39M

Q2 2024

Current Liabilities

$25.70M

Q2 2024

Current Ratio

320.61%

Q2 2024

Total Assets

$111.3M

Q2 2024

Total Liabilities

$28.78M

Q2 2024

Book Value

$82.55M

Q2 2024

Cash

$69.84M

Q2 2024

P/E

-5.318

Oct 16, 2024 EST

Free Cash Flow

-$19.67M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018
Revenue	$193.4M	$162.7M	$140.7M	$104.0M	$90.45M	$72.00M
YoY Change	18.89%	15.64%	35.3%	14.94%	25.63%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018
Revenue	$193.4M	$162.7M	$140.7M	$104.0M	$90.45M	$72.00M
Cost Of Revenue	$56.95M	$49.73M	$46.70M	$34.83M	$30.83M	$26.50M
Gross Profit	$136.4M	$112.9M	$93.96M	$69.13M	$59.62M	$45.50M
Gross Profit Margin	70.55%	69.43%	66.8%	66.5%	65.92%	63.19%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018
Selling, General & Admin	$194.0M	$203.7M	$187.4M	$87.07M	$80.16M	$70.00M
YoY Change	-4.77%	8.72%	115.24%	8.62%	14.51%
% of Gross Profit	142.19%	180.41%	199.45%	125.94%	134.45%	153.85%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$898.0K	$1.054M	$835.0K	$917.0K	$1.071M	$2.540M
YoY Change	-14.8%	26.23%	-8.94%	-14.38%	-57.83%
% of Gross Profit	0.66%	0.93%	0.89%	1.33%	1.8%	5.58%
Operating Expenses	$194.0M	$203.7M	$187.4M	$87.07M	$80.16M	$71.10M
YoY Change	-4.77%	8.72%	115.24%	8.62%	12.74%
Operating Profit	-$57.57M	-$90.81M	-$96.45M	-$17.94M	-$20.54M	-$25.60M
YoY Change	-36.6%	-5.85%	437.8%	-12.67%	-19.78%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018
Interest Expense	-$10.01M	$27.10M	$3.791M	$4.904M	$2.101M	-$200.0K
YoY Change	-136.93%	614.93%	-22.7%	133.41%	-1150.5%
% of Operating Profit
Other Income/Expense, Net	$19.00K	-$183.0K	-$8.552M	-$1.824M	$199.0K	$300.0K
YoY Change	-110.38%	-97.86%	368.86%	-1016.58%	-33.67%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018
Pretax Income	-$67.56M	-$63.89M	-$30.64M	-$24.66M	-$22.44M	-$25.40M
YoY Change	5.75%	108.52%	24.23%	9.91%	-11.66%
Income Tax	$109.0K	$19.00K	$40.00K	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$40.17M	-$35.40M	-$3.779M	$0.00	$0.00	-$26.00M
YoY Change	13.49%	836.73%			-100.0%
Net Earnings / Revenue	-20.77%	-21.76%	-2.69%	0.0%	0.0%	-36.11%
Basic Earnings Per Share	-$0.41	-$0.41	-$0.05	$0.00	$0.00
Diluted Earnings Per Share	-$0.41	-$0.41	-$0.05	$0.00	$0.00	-$0.30

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019
Cash & Short-Term Investments	$74.82M	$90.72M	$144.0M	$534.1K	$25.00M
YoY Change	-17.52%	-36.99%	26854.5%	-97.86%
Cash & Equivalents	$74.82M	$90.72M	$144.0M	$29.27M	$25.00M
Short-Term Investments
Other Short-Term Assets	$4.815M	$5.345M	$6.165M	$277.9K	$2.300M
YoY Change	-9.92%	-13.3%	2118.5%	-87.92%
Inventory
Prepaid Expenses
Receivables	$15.40M	$11.60M	$5.321M	$475.0K	$800.0K
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$95.04M	$107.7M	$155.5M	$812.0K	$28.10M
YoY Change	-11.72%	-30.75%	19044.32%	-97.11%
Property, Plant & Equipment	$20.00M	$15.43M	$10.72M	$10.30M	$12.90M
YoY Change	29.63%	43.95%	4.09%	-20.18%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments				$450.0M
YoY Change
Other Assets	$929.0K	$316.0K	$832.0K	$1.165M	$2.600M
YoY Change	193.99%	-62.02%	-28.58%	-55.19%
Total Long-Term Assets	$29.71M	$25.04M	$21.70M	$450.0M	$30.70M
YoY Change	18.66%	15.4%	-95.18%	1365.82%
Total Assets	$124.7M	$132.7M	$177.1M	$450.8M	$58.80M
YoY Change
Accounts Payable	$3.443M	$3.199M	$3.590M	$4.446M	$2.300M
YoY Change	7.63%	-10.89%	-19.25%	93.3%
Accrued Expenses	$9.611M	$3.963M	$3.847M	$533.9K	$900.0K
YoY Change	142.52%	3.02%	620.53%	-40.68%
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	$6.535M	$0.00
YoY Change			-100.0%
Total Short-Term Liabilities	$35.61M	$37.33M	$41.91M	$60.07M	$21.00M
YoY Change	-4.62%	-10.92%	-30.23%	186.05%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$34.60M
YoY Change				-100.0%
Other Long-Term Liabilities	$3.533M	$14.31M	$39.43M	$15.75M	$0.00
YoY Change	-75.31%	-63.71%	150.36%
Total Long-Term Liabilities	$3.533M	$14.31M	$39.43M	$15.75M	$34.60M
YoY Change	-75.31%	-63.71%	150.36%	-54.48%
Total Liabilities	$72.27M	$85.76M	$126.5M	$75.82M	$55.60M
YoY Change	-15.74%	-32.19%	66.82%	36.37%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019
Basic Shares Outstanding	97.16M shares	85.87M shares	79.24M shares	0.000 shares	0.000 shares
Diluted Shares Outstanding	97.16M shares	85.87M shares	79.24M shares	0.000 shares	0.000 shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $183.39 Million

About Nerdy Inc

Nerdy, Inc. engages in the business of operating a platform for live online learning. The company is headquartered in St. Louis, Missouri and currently employs 500 full-time employees. The company went IPO on 2020-11-27. The Company’s platform leverages technology, including artificial intelligence (AI), to connect students, users, parents, guardians, and purchasers of all ages to tutors, instructors, subject matter experts, educators, and other professionals. Its comprehensive learning destination provides learning experiences across numerous subjects and multiple formats, including one-on-one instruction, small group tutoring, large format classes, tutor chat, essay review, adaptive assessments, and self-study tools. The Company’s flagship business, Varsity Tutors LLC (Varsity Tutors), is a platform for live online tutoring and classes. Its solutions are available directly to learners, as well as through education systems. Its offerings also include Varsity Tutors for Schools, a product suite that leverages its platform capabilities to offer high dosage tutoring and its online learning solutions to institutions.

Industry: Services-Educational Services Peers: 2U, LLC American Public Education Inc Perdoceo Education Corp Coursera Inc Duolingo Inc Lincoln Educational Services Corp Strategic Education Inc Universal Technical Institute Inc