M&A
confidence high
sentiment neutral
materiality 0.55
NerdWallet files historical financials for OTB acquisition; OTB 2021 revenue $38.1M
NERDWALLET, INC.
- OTB reported 2021 net revenue of $38.1M, net income of $4.6M, and total assets of $12.2M.
- OTB's operating expenses were $32.7M in 2021, with sales and marketing at $25.5M.
- Pro forma combined financial statements for NerdWallet and OTB as of March 31, 2022, are provided.
- Amendment only adds required financial statements; no other changes to the original acquisition report.