Varsity Tutors Q4 revenue up 2% YoY to $49.1mln, EBITDA turns positive at $1.3mln.

• Revenue: $49.1mln, up 2% YoY • Non-GAAP adjusted EBITDA: positive $1.3mln • First quarter with both Consumer and Institutional businesses growing simultaneously • Rolled out new Learner and Expert experiences with AI-native codebase • Positive non-GAAP adjusted EBITDA beats guidance and improves by $6.8mln compared to Q4 2024 • Completed transformation into AI-native platform