Nerdy SPAC Presentation Deck
Non-GAAP Reconciliations
$ in Millions
Net Income
Interest Income / Expense, Net
Taxes
Depreciation & Amortization
Non-Cash Compensation Expense
Non-Recurring Items¹
Adjusted EBITDA
Interest Income / Expense, Net
Taxes
Net Working Capital Change
Cash from Investing Activities
Veritas Prep Acquisition
FCF
2018
($25)
(0)
0
3
2
0
($21)
0
(0)
6
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.
(16)
10
($21)
2019
($22)
2
0
5
2
0
($14)
(2)
(0)
(1)
(6)
($23)
2020E
($25)
SOONNOndom o
($10)
(5)
(0)
(3)
($10)
2021F
($8)
1
728
(8)
($7)
(1)
2
(10)
($15)
2022F
($14)
(0)
9
2
($3)
0
2
(13)
($14)
2023F
$1
(0)
11
2
$14
0
5
(13)
$6
51
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PACE
TECH OPPORTUNITIES
Ⓒ Nerdy / TPG Pace Tech Opportunities Corp. 2021View entire presentation