Name | Value |
---|---|
Revenues | 40.3M |
Cost of Revenue | 11.1M |
Gross Profit | 29.2M |
Operating Expense | 54.7M |
Operating I/L | -25.6M |
Other Income/Expense | 4.9M |
Interest Income | 0.8M |
Pretax | -20.6M |
Income Tax Expense | 0.0M |
Net Income/Loss | -12.3M |
Nerdy, Inc. operates a purpose-built proprietary platform for live online learning, connecting learners to experts through AI technology. Its flagship business, Varsity Tutors, offers live online tutoring and classes directly to learners and institutions. The platform provides learning experiences across various subjects and formats, including one-on-one instruction, small group classes, large format group classes, and adaptive self-study, delivering value to both learners and experts.