Nerdy Inc.

NRDY NYSE Consumer Discretionary · Services-Educational Services St. Louis, MO nerdy.com
$6.64
Mkt Cap 55.9M

Operator of an online live-tutoring platform that uses AI to connect students with tutors across thousands of subjects.

From the annual report

We operate a next-generation live tutoring and intervention platform that leverages the power of human expertise with advanced artificial intelligence ( AI ) to personalize learning, accelerate student achievement, and empower educators. Our mission is to transform the way people learn through technology. Our purpose-built proprietary platform leverages technology, including AI, to connect students, users, parents, guardians, and purchasers ( Learner(s) ) of all ages to tutors, instructors, subject matter experts, educators, and other professionals ( Expert(s) ), delivering superior value on both sides of the network. Our comprehensive learning destination provides learning experiences across numerous subjects and multiple formats, including one-on-one instruction, small group tutoring, large format classes, chat, essay review, adaptive assessments, and self-study tools. Our flagship business, Varsity Tutors LLC ( Varsity Tutors ), is one of the nation’s largest platforms for live online tutoring and classes. Our solutions are available to Learners either directly through Learning Memberships ( Consumers ) and through education systems ( Institutions ). Our platform offers Experts the opportunity to generate income from the convenience of home, while also increasing access for Learners by removing barriers to high-quality live online learning.

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REVENUE TTM
$178.1M
FCF TTM
-$17.6M
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