Added to YB: 2024-03-22
Pitch date: 2024-03-13
NRDY [bullish]
Nerdy, Inc.
-51.79%
current return
Author Info
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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
$2.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
-2.31
P/E
-3.82
EV/Sales
0.81
Sector
Diversified Consumer Services
Category
growth
Moonlight’s Substack: Is NRDY interesting?
NRDY: Nerdy Inc accelerates growth despite Q1 guide miss; membership transition drives visibility + margins, institution biz +160% of revs (20% mix), freemium expands TAM w/ upsell to 1-on-1 tutoring. Metrics: revs +32% FY23, +35% Q1 ex one-off, 30%+ incr. margins, 250+ school districts onboarded.
Read full article (2 min)