Nerdy Inc. financial data

Symbol
NRDY on NYSE
Industry
Services-Educational Services
Location
8001 Forsyth Blvd., Suite 1050, St. Louis, Missouri
State of incorporation
Delaware
Fiscal year end
December 31
Former names
TPG Pace Tech Opportunities Corp. (to 9/16/2021)
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 283 % -10.6%
Debt-to-equity 90 % -25.3%
Return On Equity -36 % +21.1%
Return On Assets -23.2 % +13.6%
Operating Margin -29.8 % +39.6%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 267 M USD +110%
Weighted Average Number of Shares Outstanding, Basic 108 M shares +17.6%
Weighted Average Number of Shares Outstanding, Diluted 108 M shares +17.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 198 M USD +20%
Selling and Marketing Expense 70.3 M USD +5.21%
General and Administrative Expense 128 M USD -0.7%
Operating Income (Loss) -59.1 M USD +27.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -47.3 M USD +26.5%
Income Tax Expense (Benefit) 109 K USD +276%
Net Income (Loss) Attributable to Parent -28.7 M USD +23.5%
Earnings Per Share, Basic -0.27 USD/shares +34.1%
Earnings Per Share, Diluted -0.27 USD/shares +34.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 77 M USD -20.3%
Accounts Receivable, after Allowance for Credit Loss, Current 9.63 M USD +52.1%
Other Assets, Current 5.41 M USD +29.4%
Assets, Current 92 M USD -14%
Property, Plant and Equipment, Net 16.8 M USD +34.6%
Operating Lease, Right-of-Use Asset 3.61 M USD +23.5%
Goodwill 5.72 M USD 0%
Other Assets, Noncurrent 3.97 M USD +37.8%
Assets 121 M USD -7.76%
Accounts Payable, Current 4.62 M USD +11.4%
Employee-related Liabilities, Current 3.4 M USD +64.3%
Contract with Customer, Liability, Current 16.3 M USD -26.8%
Liabilities, Current 33 M USD -7.08%
Operating Lease, Liability, Noncurrent 3.35 M USD +79.7%
Other Liabilities, Noncurrent 3.13 M USD -91.2%
Liabilities 36.2 M USD -49.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax 25 K USD +213%
Retained Earnings (Accumulated Deficit) -523 M USD -5.81%
Stockholders' Equity Attributable to Parent 52.8 M USD +49.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 85.2 M USD +41%
Liabilities and Equity 121 M USD -7.76%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 4.35 M USD -35.9%
Net Cash Provided by (Used in) Financing Activities 0 USD
Net Cash Provided by (Used in) Investing Activities -2.22 M USD -126%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 2.14 M USD -63.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 77.3 M USD -20.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Deferred Tax Assets, Valuation Allowance 107 M USD +23.6%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0 pure 0%
Deferred Tax Assets, Gross 107 M USD +23.6%
Operating Lease, Liability 4.67 M USD +37.6%
Depreciation 888 K USD -15.6%
Payments to Acquire Property, Plant, and Equipment 2.22 M USD +126%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -28.7 M USD +23.7%
Lessee, Operating Lease, Liability, to be Paid 6.03 M USD +70.3%
Property, Plant and Equipment, Gross 45.5 M USD +21.5%
Operating Lease, Liability, Current 1.32 M USD -13.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.21 M USD -5.34%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.66 M USD +2.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure +143%
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.36 M USD +821%
Lessee, Operating Lease, Liability, to be Paid, Year Three 571 K USD -11.3%
Deferred Tax Assets, Operating Loss Carryforwards 34.5 M USD +49.4%
Deferred Federal Income Tax Expense (Benefit) 0 USD
Current Income Tax Expense (Benefit) 109 K USD +474%
Lessee, Operating Lease, Liability, to be Paid, Year Four 581 K USD
Operating Lease, Payments 1.81 M USD +11%
Additional Paid in Capital 575 M USD +8.71%
Current State and Local Tax Expense (Benefit) 109 K USD +474%
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 608 K USD +2.19%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 46.7 M USD -5.91%
Deferred State and Local Income Tax Expense (Benefit) 0 USD