Nerdy: A Small-Cap With Impressive YoY Revenue Growth And Record-Breaking Gross Profit Margins

Jan. 29, 2024 3:00 AM ETNerdy, Inc. (NRDY) StockNRDY4 Comments
A. Vandendael
913 Followers

Summary

  • Nerdy, Inc. is an online tutoring platform that has transitioned into a recurring revenue model, offers scalable membership solutions, and invests in AI functionality.
  • The company has upsold its products to offer high-dosage tutoring on a district, teacher, and parent level, and has incorporated AI to increase engagement.
  • Nerdy has seen impressive YoY revenue growth, record-breaking gross profit margins, and a threefold increase in average revenue per member per month.

Teenage African-American girl learning at home

RgStudio/E+ via Getty Images

Nerdy, Inc. (NYSE:NRDY) is a small-cap online tutoring learning platform that has been public since 2021 through an overvalued SPAC deal of $1.7 billion. While the company has been around since 2007, it was really thanks

This article was written by

913 Followers
I am a freelancer with a business education who loves to discover new ideas for long and short term investments."Stop hoping for a promotion that's not coming. Instead, start a business at which you want to work." Sallie Krawcheck

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About NRDY Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on NRDY

Related Stocks

SymbolLast Price% Chg
NRDY
--