Nerdy, Inc. (NRDY)

Nerdy Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	197.95	193.4	162.67	140.66	103.97	90.45
Revenue Growth (YoY)	20.03%	18.89%	15.64%	35.30%	14.94%	25.56%
Cost of Revenue	58.87	56.95	49.73	46.7	34.83	30.83
Gross Profit	139.07	136.45	112.93	93.96	69.13	59.62
Selling, General & Admin	198.13	194.02	203.74	187.41	87.07	80.16
Other Operating Expenses	0	0	0	3.01	0	0
Operating Expenses	198.13	194.02	203.74	190.42	87.07	80.16
Operating Income	-59.05	-57.57	-90.81	-96.45	-17.94	-20.54
Interest Expense / Income	-3.38	-3.38	-0.48	3.77	4.83	2.1
Other Expense / Income	-27.1	-14.13	-54.95	-96.49	-22.76	-22.64
Pretax Income	-28.58	-40.07	-35.38	-3.74	0	0
Income Tax	0.11	0.11	0.02	0.04	0	0
Net Income	-28.69	-40.17	-35.4	-3.78	0	0
Shares Outstanding (Basic)	108	97	86	79	86	86
Shares Outstanding (Diluted)	108	97	86	79	86	86
Shares Change	17.62%	13.14%	8.38%	-7.40%	-	-
EPS (Basic)	-0.27	-0.41	-0.41	-0.05	-	-
EPS (Diluted)	-0.27	-0.41	-0.41	-0.05	-	-
Free Cash Flow	-18.13	-14.45	-53.32	-44.05	-9.53	-22.67
Free Cash Flow Per Share	-0.17	-0.15	-0.62	-0.56	-0.11	-0.27
Gross Margin	70.26%	70.55%	69.43%	66.80%	66.50%	65.92%
Operating Margin	-29.83%	-29.77%	-55.83%	-68.57%	-17.25%	-22.70%
Profit Margin	-14.49%	-20.77%	-21.76%	-2.69%	-	-
Free Cash Flow Margin	-9.16%	-7.47%	-32.78%	-31.32%	-9.16%	-25.07%
EBITDA	-25.1	-36.67	-29.34	6.42	10.87	7.11
EBITDA Margin	-12.68%	-18.96%	-18.04%	4.57%	10.46%	7.86%
Depreciation & Amortization	6.86	6.77	6.52	6.39	6.04	5.01
EBIT	-31.96	-43.44	-35.86	0.03	4.83	2.1
EBIT Margin	-16.14%	-22.46%	-22.05%	0.02%	4.64%	2.32%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).