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Nerdy (NRDY) Pre-Tax Income : $-47.3 Mil (TTM As of Mar. 2024)


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What is Nerdy Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Nerdy's pretax income for the three months ended in Mar. 2024 was $-12.0 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-47.3 Mil. Nerdy's pretax margin was -22.32%.

During the past 6 years, Nerdy's highest Pretax Margin was -21.78%. The lowest was -39.28%. And the median was -29.87%.


Nerdy Pre-Tax Income Historical Data

The historical data trend for Nerdy's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nerdy Pre-Tax Income Chart

Nerdy Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial -22.44 -24.66 -30.64 -63.89 -67.56

Nerdy Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -32.23 -5.50 -20.61 -9.23 -11.99

Competitive Comparison of Nerdy's Pre-Tax Income

For the Software - Application subindustry, Nerdy's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nerdy's Pre-Tax Income Distribution in the Software Industry

For the Software industry and Technology sector, Nerdy's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Nerdy's Pre-Tax Income falls into.



Nerdy Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Nerdy's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-57.571+-13.366+0+0+3.377
=-67.6

Nerdy's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-12.853+-0.025+0+0.886+0
=-12.0

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-47.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nerdy  (NYSE:NRDY) Pre-Tax Income Explanation

Nerdy's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-11.992/53.727
=-22.32%

During the past 6 years, Nerdy's highest Pretax Margin was -21.78%. The lowest was -39.28%. And the median was -29.87%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nerdy Pre-Tax Income Related Terms

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Nerdy (NRDY) Business Description

Traded in Other Exchanges
N/A
Address
101 S. Hanley Road, Suite 300, St. Louis, MO, USA, 63105
Nerdy Inc is a curated direct-to-consumer platform for live online learning. Its purpose-built proprietary platform leverages technology, including AI, to connect learners of all ages to experts, delivering superior value on both sides of the network. Its comprehensive learning destination provides learning experiences across various subjects and multiple formats including one-on-one instruction, small group classes, large format group classes, and adaptive self-study.
Executives
Jason H. Pello officer: Chief Financial Officer NERDY INC., 101 S. HANLEY RD., SUITE 300, ST. LOUIS MO 63105
Christopher C. Swenson officer: Chief Legal Officer NERDY INC., 101 S. HANLEY RD., SUITE 300, ST. LOUIS MO 63105
Charles K. Cohn director, officer: Chief Executive Officer NERDY INC., 101 S. HANLEY RD., SUITE 300, ST. LOUIS MO 63105
Heidi Robinson officer: Chief Product Officer NERDY INC., 101 S. HANLEY RD., SUITE 300, ST. LOUIS MO 63105
Tpg Gp A, Llc director, 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Light Street Mercury Master Fund, L.p. 10 percent owner 525 UNIVERSITY AVENUE, SUITE 300, PALO ALTO CA 94301
Stuart Udell director 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Christopher P Marshall director 250 MIDDLEFIELD RD, MENLO PARK CA 94025
Jon Winkelried director, 10 percent owner C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Gregory Mrva officer: President C/O CITADEL BROADCASTING CORPORATION, 7201 W. LAKE MEAD BLVD. 400, LAS VEGAS NV 89128
Technology Crossover Management Viii, Ltd. 10 percent owner, other: Member of a 13(d) group C/O TECHNOLOGY CROSSOVER VENTURES, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Technology Crossover Manangement Viii, L.p. 10 percent owner, other: Member of a 13(d) group 528 RAMONA STREET, PALO ALTO CA 94301
Tcv Viii (a), L.p. other: Member of a 13(d) group 528 RAMONA STREET, PALO ALTO CA 94301
Tcv Viii, L.p. 10 percent owner, other: Member of a 13(d) group 528 RAMONA STREET, PALO ALTO CA 94301
Catherine Beaudoin director NERDY INC., 101 S. HANLEY RD., SUITE 300, ST. LOUIS MO 63105