Nerdy
covid impact and recovery and beyond created short term challenges some schools went to optional grading many standardized tests and professional exams were suspended which led to declines in our test prep business we responded with innovation we transition to providing live instruction invested in new products integrated learning formats into single destination improved unit economics and became self sustaining in turn to consumer need for supplemental help grows as students look to catch up academically standardized and professional testing resumes accelerated long term trend toward consumers realized superior convenience quality and value of experience of | Nerdy
Company
Deck Type
Sector
Industry
Deck date
March 2021
Slide
33 of 52
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covid impact and recovery and beyond created short term challenges turn to we continue to be encouraged by the anticipated resumption of in person schooling in the fall for most students increased college and graduate school enrollment and the positive impact we anticipate these factors may have on our business we responded with innovation accelerated trend toward we our transition to delivering live instruction invested in new products integrated learning formats into single destination improved unit level economics and free cash consumers realized superior convenience quality and value of experience of | Nerdy
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covid impact and recovery and beyond created short term challenges turn to we expect consumer need for supplemental help to grow as students look to catch up academically standardized and professional testing resumes we responded with innovation accelerated trend toward we our transition to delivering live instruction invested in new products integrated learning formats into single destination improved unit level economics and free cash consumers realized superior convenience quality and value of experience of | Nerdy
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covid impact and recovery and beyond created short term challenges turn to we expect consumer need for supplemental help to grow as students look to catch up academically standardized and professional testing resumes we responded with innovation accelerated trend toward we our transition to delivering live instruction invested in new products integrated learning formats into single destination improved unit level economics and free cash consumers realized superior convenience quality and value of experience of | Nerdy
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