Nerdy (NRDY) Retained Earnings : $-522.7 Mil (As of Mar. 2024)

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What is Nerdy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nerdy's retained earnings for the quarter that ended in Mar. 2024 was $-522.7 Mil.

Nerdy's quarterly retained earnings declined from Sep. 2023 ($-509.6 Mil) to Dec. 2023 ($-515.3 Mil) and declined from Dec. 2023 ($-515.3 Mil) to Mar. 2024 ($-522.7 Mil).

Nerdy's annual retained earnings declined from Dec. 2021 ($-439.7 Mil) to Dec. 2022 ($-475.1 Mil) and declined from Dec. 2022 ($-475.1 Mil) to Dec. 2023 ($-515.3 Mil).

Nerdy Retained Earnings Historical Data

The historical data trend for Nerdy's Retained Earnings 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 Retained Earnings Chart

Nerdy Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-168.46

-412.38

-439.71

-475.11

-515.28

Nerdy Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial													-494.04	-497.34	-509.63	-515.28	-522.73

Nerdy Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Nerdy (NYSE:NRDY) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Nerdy (NRDY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nerdy Inc (NYSE:NRDY) » Definitions » Retained Earnings

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Address

101 S. Hanley Road, Suite 300, St. Louis, MO, USA, 63105

Website

https://www.nerdy.com

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