Added to YB: 2024-09-23
Pitch date: 2024-09-20
NRDY [bullish]
Nerdy, Inc.
+36.36%
current return
Author Info
Company Info
Nerdy, Inc. operates platform for live online learning in the United States. The company’s platform uses artificial intelligence to connect students, users, parents, guardians, and purchasers of various ages to tutors, instructors, subject matter experts, educators, and other professionals.
Market Cap
$161.0M
Pitch Price
$0.99
Price Target
10.00 (+641%)
Dividend
N/A
EV/EBITDA
-2.31
P/E
-3.82
EV/Sales
0.81
Sector
Diversified Consumer Services
Category
growth
'Times are changing, Betty. These nerds are a threat to our way of life.' - Stan Gable: Nerdy, Inc $NRDY
NRDY: Ed-tech platform at 1x sales vs. Sylvan's 4x. 22% rev growth, 70% margins. Founder upped stake to 30%. 500 school districts integrated. $70M cash, no debt. Potential $100M net income by 2028. Risks: dilution, cash burn. Bull case: 10x by 2026 if multiples expand.
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