Nerdy Inc
NYSE:NRDY
Income Statement
Earnings Waterfall
Nerdy Inc
Revenue
|
193.4m
USD
|
Cost of Revenue
|
-57m
USD
|
Gross Profit
|
136.4m
USD
|
Operating Expenses
|
-190m
USD
|
Operating Income
|
-53.5m
USD
|
Other Expenses
|
13.4m
USD
|
Net Income
|
-40.2m
USD
|
Income Statement
Nerdy Inc
Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue |
141
N/A
|
153
+9%
|
162
+6%
|
163
+0%
|
163
0%
|
165
+1%
|
172
+4%
|
180
+5%
|
193
+7%
|
|
Gross Profit | ||||||||||
Cost of Revenue |
(47)
|
(50)
|
(52)
|
(51)
|
(50)
|
(51)
|
(52)
|
(53)
|
(57)
|
|
Gross Profit |
94
N/A
|
103
+10%
|
111
+7%
|
112
+1%
|
113
+1%
|
114
+1%
|
119
+5%
|
127
+6%
|
136
+8%
|
|
Operating Income | ||||||||||
Operating Expenses |
(190)
|
(209)
|
(239)
|
(209)
|
(204)
|
(196)
|
(189)
|
(190)
|
(190)
|
|
Selling, General & Administrative |
(186)
|
(212)
|
(234)
|
(205)
|
(202)
|
(194)
|
(188)
|
(189)
|
(188)
|
|
Depreciation & Amortization |
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Other Operating Expenses |
(3)
|
4
|
(4)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(96)
N/A
|
(106)
-10%
|
(129)
-22%
|
(97)
+25%
|
(91)
+6%
|
(82)
+10%
|
(70)
+14%
|
(64)
+9%
|
(54)
+16%
|
|
Pre-Tax Income | ||||||||||
Interest Income Expense |
67
|
57
|
96
|
81
|
27
|
17
|
(15)
|
(8)
|
(10)
|
|
Non-Reccuring Items |
7
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(4)
|
|
Total Other Income |
(9)
|
(9)
|
(9)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
|
Pre-Tax Income |
(31)
N/A
|
(57)
-85%
|
(41)
+28%
|
(16)
+62%
|
(64)
-309%
|
(64)
-1%
|
(85)
-32%
|
(74)
+14%
|
(68)
+8%
|
|
Net Income | ||||||||||
Tax Provision |
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
(31)
|
(57)
|
(41)
|
(16)
|
(64)
|
(64)
|
(85)
|
(74)
|
(68)
|
|
Income to Minority Interest |
3
|
18
|
12
|
6
|
29
|
27
|
36
|
30
|
27
|
|
Net Income (Common) |
(4)
N/A
|
(21)
-456%
|
(12)
+43%
|
(9)
+23%
|
(35)
-286%
|
(37)
-6%
|
(49)
-32%
|
(43)
+13%
|
(40)
+7%
|
|
EPS (Diluted) |
-0.05
N/A
|
-0.27
-440%
|
-0.13
+52%
|
-0.1
+23%
|
-0.41
-310%
|
-0.42
-2%
|
-0.52
-24%
|
-0.44
+15%
|
-0.41
+7%
|