Trade NerdWallet Inc - NRDS CFD

NerdWallet Inc. Company profile

About Nerdwallet Inc

NerdWallet, Inc. is a personal finance company. The Company offers NerdWallet, a digital platform which provides financial guidance to consumers and small and medium-sized business (SMBs). Its platform delivers guidance to consumers through educational content, tools and calculators, product marketplaces and the NerdWallet app. The Company's platform delivers range of financial products, including credit cards, mortgages, insurance, SMB products, personal loans, banking, investing and student loans to United Kingdom and Canadian markets. The Company's platform uses house views with machine learning to help consumers find the right financial product for their needs.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Nerdwallet Inc revenues increased 55% to $379.6M. Net loss before extraordinary items totaled $37.7M vs. income of $900K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net loss reflects Sales and marketing increase of 88% to $271.3M (expense).