| Market Capitalization (Millions $) |
177 |
| Shares
Outstanding (Millions) |
113 |
| Employees |
282 |
| Revenues (TTM) (Millions $) |
196 |
| Net Income (TTM) (Millions $) |
-61 |
| Cash Flow (TTM) (Millions $) |
-19 |
| Capital Exp. (TTM) (Millions $) |
9 |
Nerdy Inc
We operate a platform for live online learning. Our mission is to transform the way people learn. Our purpose-built proprietary platform leverages technology, including artificial intelligence ('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 classes, large format group classes, and adaptive self-study. Our flagship business, Varsity Tutors LLC ('Varsity Tutors'), is one of the nation's largest platforms for live online tutoring and classes.
Our platform allows Experts to make money from the comfort of their own homes, while also boosting access for Learners by reducing obstacles to high-quality live online learning. Varsity Tutors for Schools, a product package that utilizes our platform capabilities to provide our online learning solutions directly to school institutions, and StarCourses, our free celebrity-led, live big group classes, are among our products.
Our platform benefits both Learners and Experts, who are our clients. We have established a diverse company with audiences ranging from K-8 to High School, College, Graduate School, Professional, and Adult. Learners and Experts come to us because they want simplicity, value, and a better learning experience.
We attract Experts to our platform who are highly qualified to instruct across a variety of audiences and subjects. We offer Experts the opportunity to generate income from the convenience of home with less hassle, deliver a superior online instruction experience, and empower them to help people learn. Our technology platform matches Learners to the Experts who are qualified to provide the unique assistance our Learners need, which results in long-term highly-satisfied customer relationships that generate sustained income for the Experts.
Finding the exact right Expert to meet the specific and unique needs of a Learner is a critical driver of having a successful learning experience and has a profound impact on Learner satisfaction. Our technology platform identifies and curates the top Experts in every subject, which enables us to match Learners to the Experts who are ideally qualified to help them learn. The result is an exceptional experience for Learners. We use AI to select the ideal Expert for a given Learner's needs, taking into account approximately 100 variables, including Learner and Expert attributes, diagnostic assessments, and data from past learning experiences. We believe quality matching is a key differentiator for Nerdy, something that legacy offline models and online directories struggle to do well.
Company Address: 8001 Forsyth Blvd. St. Louis 63105 MO
Company Phone Number: 412-1227 Stock Exchange / Ticker: NYSE NRDY
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2.46% 