Nerdy, Inc. operates platform for live online learning. The company's purpose-built proprietary platform leverages technology, including AI, to connect learners of various ages to experts, delivering value on both sides of the network. Its learning destination provides learning experiences across various subjects and multiple formats, including one-on-one instruction, small group classes, large format group classes, and adaptive self-study. The company's flagship business, Varsity Tutors, operates platforms for live online tutoring and classes. Its solutions are available directly to learners, as well as through schools and other institutions. The company was founded in 2007 and is headquartered in Saint Louis, Missouri.
Revenue of Nerdy, Inc. (NRDY)
Revenue in 2023 (TTM): $193.4 M
According to Nerdy, Inc.'s latest financial reports the company's current revenue (TTM) is $193.4 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Nerdy, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $193.4 M | $134.94 M | $-50,986,000 | $-67,560,000 | $-40,174,000 |
| 2022 | $162.67 M | $112.93 M | $-110,908,000 | $-63,889,000 | $-63,908,000 |
| 2021 | $140.66 M | $93.96 M | $-95,608,000 | $-30,639,000 | $-30,679,000 |
| 2020 | $103.97 M | $69.13 M | $-13,716,000 | $-24,663,000 | $-27,743,000 |
| 2019 | $90.45 M | $59.62 M | $-15,329,000 | $-22,439,000 | $-24,739,000 |
| 2018 | $72.04 M | $45.54 M | $-22,685,000 | $-25,377,000 | $-25,377,000 |