NerdWallet, Inc. (NRDS)
NASDAQ: NRDS · Real-Time Price · USD
12.62
-0.28 (-2.17%)
Oct 3, 2024, 1:39 PM EDT - Market open
NerdWallet Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
Period Ending | Jun '24 Jun 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
| Revenue | 599 | 599.4 | 538.9 | 379.6 | 245.3 | 228.3 |
| Revenue Growth (YoY) | 0.25% | 11.23% | 41.97% | 54.75% | 7.45% | - |
| Cost of Revenue | 56.2 | 54 | 39.8 | 28.5 | 21.3 | 16.1 |
| Gross Profit | 542.8 | 545.4 | 499.1 | 351.1 | 224 | 212.2 |
| Selling, General & Admin | 454.2 | 459.8 | 430.3 | 309.8 | 170.5 | 137.8 |
| Research & Development | 84.4 | 80.5 | 77.6 | 62.2 | 50.9 | 46 |
| Operating Expenses | 538.6 | 540.3 | 507.9 | 372 | 221.4 | 183.8 |
| Operating Income | 4.2 | 5.1 | -8.8 | -20.9 | 2.6 | 28.4 |
| Interest Expense | -0.8 | -0.8 | -2.5 | -1.3 | -1.1 | -1.1 |
| Interest & Investment Income | 4.7 | 3.6 | 1.5 | - | 0.2 | 1.1 |
| Other Non Operating Income (Expenses) | -0.1 | -0.1 | - | 1.1 | -0.1 | -0.5 |
| EBT Excluding Unusual Items | 8 | 7.8 | -9.8 | -21.1 | 1.6 | 27.9 |
| Merger & Restructuring Charges | -0.1 | -0.1 | -3.5 | - | -1.5 | - |
| Asset Writedown | -1.4 | -1.4 | - | - | - | - |
| Other Unusual Items | - | - | -6.7 | -16.6 | 0.8 | - |
| Pretax Income | 6.5 | 6.3 | -20 | -37.7 | 0.9 | 27.9 |
| Income Tax Expense | 17.6 | 18.1 | -9.8 | 4.8 | -4.4 | 3.7 |
| Net Income | -11.1 | -11.8 | -10.2 | -42.5 | 5.3 | 24.2 |
| Net Income to Common | -11.1 | -11.8 | -10.2 | -42.5 | 5.3 | 24.2 |
| Net Income Growth | - | - | - | - | -78.10% | - |
| Shares Outstanding (Basic) | 77 | 77 | 71 | 52 | 44 | 42 |
| Shares Outstanding (Diluted) | 77 | 77 | 71 | 52 | 56 | 54 |
| Shares Change (YoY) | 2.86% | 8.64% | 36.03% | -7.82% | 3.68% | - |
| EPS (Basic) | -0.14 | -0.15 | -0.14 | -0.82 | 0.12 | 0.57 |
| EPS (Diluted) | -0.14 | -0.15 | -0.14 | -0.82 | 0.09 | 0.45 |
| EPS Growth | - | - | - | - | -80.00% | - |
| Free Cash Flow | 98 | 71.4 | 20.4 | 4.9 | 14.1 | 30.7 |
| Free Cash Flow Per Share | 1.27 | 0.93 | 0.29 | 0.09 | 0.25 | 0.57 |
| Gross Margin | 90.62% | 90.99% | 92.61% | 92.49% | 91.32% | 92.95% |
| Operating Margin | 0.70% | 0.85% | -1.63% | -5.51% | 1.06% | 12.44% |
| Profit Margin | -1.85% | -1.97% | -1.89% | -11.20% | 2.16% | 10.60% |
| Free Cash Flow Margin | 16.36% | 11.91% | 3.79% | 1.29% | 5.75% | 13.45% |
| EBITDA | 21 | 24.4 | 6.1 | -10.5 | 5.2 | 29.6 |
| EBITDA Margin | 3.51% | 4.07% | 1.13% | -2.77% | 2.12% | 12.97% |
| D&A For EBITDA | 16.8 | 19.3 | 14.9 | 10.4 | 2.6 | 1.2 |
| EBIT | 4.2 | 5.1 | -8.8 | -20.9 | 2.6 | 28.4 |
| EBIT Margin | 0.70% | 0.85% | -1.63% | -5.51% | 1.06% | 12.44% |
| Effective Tax Rate | 270.77% | 287.30% | - | - | - | 13.26% |
| Advertising Expenses | - | 294.7 | 278.9 | 197.3 | 106.8 | 86.7 |
Source: S&P Capital IQ. Standard template. Financial Sources.