NerdWallet, Inc. operates a digital platform that provides consumer-driven advice about personal finance by connecting individuals and small and mid-sized businesses with financial products providers. The company's platform offers guidance to consumers through educational content, tools and calculators, and product marketplaces, as well as NerdWallet app for various financial products, including credit cards, mortgages, insurance, SMB products, personal loans, banking, investing, and student loans. It serves customers in the United States, the United Kingdom, and Canada. The company was founded in 2009 and is based in San Francisco, California.

NerdWallet, Inc.

NerdWallet is on a mission to help provide clarity for consumers and SMBs so they can make financial decisions with confidence. We work hard to cultivate an award-winning culture in which our Nerds can realize this mission, and we pride ourselves on the programs we’ve created to positively impact the lives of our consumers, our Nerds, and our wider world.

NerdWallet invests in its people, fostering an equitable and inclusive workplace in which Nerds can thrive professionally and personally. This includes a remote-first philosophy that allows for diverse recruitment and hiring, development programs to facilitate career growth, and a twice-yearly pay equity review process. NerdWallet also has five employee resource groups (ERGs) to provide inclusive, supportive peer communities within the workplace: NerdOut, NerdParents, NerdWomen, NerdWallet Women in Data & Engineering and Nerds of Color. 

NerdWallet invests in its larger communities through our Corporate Social Responsibility program that was created to support those traditionally locked out of the financial system. Millions of Americans are unbanked or underbanked, lacking access to credit and other financial products that some of us take for granted. Through our CSR platform, we’re striving to make a tangible difference for these underserved communities. 

NerdWallet’s award-winning culture was named an Inc. Best Workplace in 2022 and has also been recognized by Fast Company, Fortune, People, and more. Come Nerd out with us at www.nerdwallet.com.

Silicon Valley Bank

Raison Asset Management

Employee Stock Option Fund

MAK Ventures

Camelot Financial Capital Management

Bradley Horowitz

RRE Ventures

iGlobe Partners

Core Innovation Capital

Joe Montana

Steven Fan

NerdWallet

Our 2024 Best-Of Awards are here! These annual awards recognize the best financial products on the market to help consumers make the smartest financial decisions. A team of trusted Nerds—composed of seasoned journalists and subject-matter experts—used a comprehensive scoring formula to evaluate over 1,000 financial products and choose winners that deliver the most value to consumers. 

This year’s awards feature top picks across Credit Cards, Personal Loans, Banking, Investing, Mortgages, Insurance, and Travel Rewards. Learn more about our rigorous evaluation process and check out our winners:
 
#personalfinance #awards

Our Chief People Officer Lynee Luque spoke with Kevin Kruse at Forbes about NerdWallet’s focus on transparency and accuracy, and how our commitments to consumers are reflected in our company culture and values. 

“When I think about what we provide to consumers, I'm not surprised that it mirrors how I describe our internal culture," said Luque. "To help our consumers make sense of opaque and overwhelming financial information, we have to be extraordinarily transparent, accurate, and responsible. Those attributes permeate our culture.”

#leadership #companyculture

Our CFO, Lauren StClair Waugh, joined JACK SWEENEY on the latest episode of the CFO THOUGHT LEADER podcast. Tune in to hear about Lauren’s journey with NerdWallet and her advice for aspiring finance leaders.

Listen to the episode here: https://lnkd.in/dGGCBVcf 

#leadership #cfo #finance 

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
net income	24.20M -	5.30M 78.10%	-42.50M 901.89%	-10.20M 76%	-11.80M 15.69%
depreciation and amortization	9.40M -	15.10M 60.64%	27.10M 79.47%	37M 36.53%	48.20M 30.27%
deferred income tax	1.40M -	-4.60M 428.57%	4.40M 195.65%	-12.60M 386.36%	-500K 96.03%
stock based compensation	5M -	6.40M 28.00%	17.90M 179.69%	34.40M 92.18%	38.80M 12.79%
change in working capital	-16.30M -	-12.70M 22.09%	-23.60M 85.83%	-22.70M 3.81%	-5.20M 77.09%
accounts receivables	-12.90M -	1M 107.75%	-20.20M 2,120%	-18.70M 7.43%	10.70M 157.22%
inventory
accounts payables	-300K -	3.60M 1,300%	-2.20M 161.11%	-5.60M 154.55%	-1.80M 67.86%
other working capital	-3.10M -	-17.30M 458.06%	-1.20M 93.06%	1.60M 233.33%	-14.10M 981.25%
other non cash items	7.70M -	5.90M 23.38%	23.90M 305.08%	-900K 103.77%	5.70M 733.33%
net cash provided by operating activities	31.40M -	15.40M 50.96%	7.20M 53.25%	25M 247.22%	75.20M 200.80%
investments in property plant and equipment	-14.80M -	-18.70M 26.35%	-23M 22.99%	-32.20M 40%	-29.50M 8.39%
acquisitions net		-36.70M -		-68.10M -
purchases of investments
sales maturities of investments
other investing activites
net cash used for investing activites	-14.80M -	-55.40M 274.32%	-23M 58.48%	-100.30M 336.09%	-29.50M 70.59%
debt repayment		-10M -	-28.50M 185%	-70M 145.61%	-4.50M 93.57%
common stock issued	1.70M -	54.30M 3,094.12%	140M 157.83%	7.70M 94.50%	13.20M 71.43%
common stock repurchased	-2.30M -	-1.20M 47.83%	-15M 1,150%	4.50M 130%	-20M 544.44%
dividends paid		-13M -	-9.60M 26.15%
other financing activites	-800K -	25.60M 3,300%	13.30M 48.05%	49.40M 271.43%	-18M 136.44%
net cash used provided by financing activities	-1.40M -	55.70M 4,078.57%	100.20M 79.89%	-8.40M 108.38%	-29.30M 248.81%
effect of forex changes on cash		100K -		-200K -	100K 150%
net change in cash	15.20M -	15.80M 3.95%	84.40M 434.18%	-83.90M 199.41%	16.50M 119.67%
cash at beginning of period	52.40M -	67.60M 29.01%	83.40M 23.37%	167.80M 101.20%	83.90M 50%
cash at end of period	67.60M -	83.40M 23.37%	167.80M 101.20%	83.90M 50%	100.40M 19.67%
operating cash flow	31.40M -	15.40M 50.96%	7.20M 53.25%	25M 247.22%	75.20M 200.80%
capital expenditure	-14.80M -	-18.70M 26.35%	-23M 22.99%	-32.20M 40%	-29.50M 8.39%
free cash flow	16.60M -	-3.30M 119.88%	-15.80M 378.79%	-7.20M 54.43%	45.70M 734.72%

NASDAQ:NRDS

NerdWallet, Inc.

Last Close

15.92

26/07 20:00

Market Cap

1.11B

Beta: -

Volume Today

280.07K

Avg: 835.67K

PE Ratio

−1,942.67

PFCF: 32.62

Preview