Nerdy SPAC Presentation Deck
Non-GAAP Reconciliations
$ in Millions
Net Income
Interest Income / Expense, Net
Taxes
Depreciation & Amortization
Non-Cash Compensation Expense
Non-Recurring Items
Adjusted EBITDA
Interest Income / Expense, Net
Taxes
Net Working Capital Change
Cash from Investing Activities
Veritas Prep Acquisition
FCF
2018
$
(25) $
(0)
3
2
1
$
(21) $
0
(0)
(16)
10
(21) $
$
ωο
986
2019
Non recurring items in 2020 are related to a recorded loss for an office sublease. 2021 non-recurring items are primarily related to expected forgiveness of a loan.
(22) $
2
0
5
2
(13) $
(2)
(0)
(1)
(6)
(23) $
2020E
(23) $
SOGENOSOTM
5
0
6
2
2
(8) $
(5)
(0)
7
(3)
(10) $
2021F
(8) $
1
2
(8)
(7) $
(1)
2
(10)
(15) $
2022F
(14) $
(0)
9
2
(3) $
0
2
(13)
(14) $
2023F
(0)
-
11
2
14
-
LO
(13)
6
48
TPG nerdy
PACE
TECH
OPPORTUNITIES
Ⓒ Nerdy / TPG Pace Tech Opportunities Corp. 2021View entire presentation