← Nerdy Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $90.5m |
$104.0m
+14.94%
|
$140.7m
+35.30%
|
$162.7m
+15.64%
|
$193.4m
+18.89%
|
$190.2m
-1.64%
|
$179.0m
-5.91%
|
$178.1m
-0.50%
|
|
| Cost of revenue | $30.8m |
$34.8m
+12.99%
|
$46.7m
+34.06%
|
$49.7m
+6.49%
|
$57.0m
+14.52%
|
$61.8m
+8.58%
|
$75.2m
+21.62%
|
$69.5m
-7.57%
|
|
| Gross Profit | $59.6m |
$69.1m
+15.95%
|
$94.0m
+35.92%
|
$112.9m
+20.19%
|
$136.4m
+20.82%
|
$128.4m
-5.90%
|
$103.8m
-19.17%
|
$108.6m
+4.63%
|
|
| Sales and marketing expenses | $38.0m | $43.8m | $65.4m | $74.2m | $68.4m | $71.6m | $60.1m | — | |
| General and administrative expenses | $42.2m | $43.2m | $122.0m | $129.6m | $125.6m | $126.9m | $105.5m | $97.3m | |
| Operating Loss | ($20.5m) |
($643k)
+96.87%
|
($96.5m)
-14893.56%
|
($90.8m)
+5.85%
|
($57.6m)
+36.60%
|
($70.1m)
-21.78%
|
($61.9m)
+11.76%
|
($45.3m)
+26.83%
|
|
| Interest income, net | — | — | — | ($483k) | ($3.4m) | ($3.1m) | ($1.1m) | $939k | |
| Loss before Income Taxes | ($22.4m) | ($24.7m) | ($30.6m) | ($63.9m) | ($67.6m) | ($67.0m) | ($60.8m) | — | |
| Income tax expense | $0 | $0 | $40k | $19k | $109k | $115k | $159k | $113k | |
| Net Loss | ($22.4m) | ($24.7m) | ($30.7m) | ($63.9m) | ($67.7m) | ($67.1m) | ($60.9m) | — | |
| Net Loss Attributable to Class A Common Stockholders | $0 | $0 | ($3.8m) | ($35.4m) | ($40.2m) | ($42.6m) | ($39.9m) | — | |
| Net loss attributable to noncontrolling interests | $0 | $0 | ($3.4m) | ($28.5m) | ($27.5m) | ($24.6m) | ($21.0m) | — | |
| Basic (in dollars per share) | $0.00 | $0.00 | ($0.05) | ($0.74) | ($0.70) | ($0.60) | ($0.50) | — | |
| Diluted (in dollars per share) | $0.00 | $0.00 | ($0.05) | ($0.74) | ($0.70) | ($0.60) | ($0.50) | — | |
| Unrealized loss on derivatives, net | $0 | $0 | ($71.0m) | ($26.6m) | $13.4m | $0 | $0 | — | |
| Other (income) expense, net | ($199k) | $1.8m | $8.6m | $183k | ($19k) | $23k | ($2k) | ($9k) |