Last 7 days
-2.8%
Last 30 days
31.7%
Last 90 days
67.6%
Trailing 12 Months
80.5%
Income Statement (Last 12 Months) | ||||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 9.1% | 369,495,000 | 338,685,000 | 306,215,000 | 276,632,000 | 250,772,000 |
Gross Profit | 9.3% | 270,064,000 | 247,072,000 | 222,826,000 | 200,975,000 | 181,586,000 |
Operating Expenses | 7.6% | 335,259,000 | 311,530,000 | 295,822,000 | 259,415,000 | 241,593,000 |
S&GA Expenses | 7.2% | 66,967,000 | 62,449,000 | 59,995,000 | 54,337,000 | 59,170,000 |
R&D Expenses | 10.6% | 150,444,000 | 135,993,000 | 123,362,000 | 111,085,000 | 103,833,000 |
EBITDA | 8.3% | -53,766,000 | -58,648,000 | -69,924,000 | -55,877,000 | -57,232,000 |
EBITDA Margin | 16.0% | -0.15 | -0.17 | -0.23 | -0.20 | -0.23 |
Earnings Before Taxes | 6.7% | -58,636,000 | -62,831,000 | -73,358,000 | -58,629,000 | -59,958,000 |
EBT Margin | 14.5% | -0.16 | -0.19 | -0.24 | -0.21 | -0.24 |
Interest Expenses | NaN% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Net Income | 5.7% | -59,574,000 | -63,161,000 | -73,686,000 | -58,817,000 | -60,135,000 |
Net Income Margin | 13.5% | -0.16 | -0.19 | -0.24 | -0.21 | -0.24 |
Free Cahsflow | 31.1% | 48,094,000 | 36,687,000 | 33,433,000 | 20,600,000 | 5,584,000 |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | 4.7% | 747 | 714 | 701 | 685 | 661 |
Current Assets | 4.3% | 697 | 668 | 655 | 641 | 619 |
Cash Equivalents | 1.4% | 608 | 600 | 591 | 577 | 554 |
Net PPE | -1.7% | 13.00 | 13.00 | 13.00 | 10.00 | 8.00 |
Liabilities | 14.1% | 205 | 180 | 173 | 164 | 148 |
Current Liabilities | 16.8% | 182 | 156 | 147 | 136 | 119 |
Shareholder's Equity | 1.5% | 542 | 534 | 528 | 521 | 513 |
Retained Earnings | -6.4% | -230 | -216 | -198 | -183 | -170 |
Additional Paid-In Capital | 3.0% | 773 | 750 | 726 | 704 | 684 |
Accumulated Depreciation | 15.7% | 7.00 | 6.00 | 6.00 | 5.00 | - |
Shares Outstanding | - | 17.00 | - | - | - | - |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | 26.3% | 54.00 | 42.00 | 38.00 | 25.00 | 9.00 |
Share Based Compensation | 8.8% | 74.00 | 68.00 | 68.00 | 53.00 | 41.00 |
Cashflow From Investing | -37.1% | -14.17 | -10.34 | -8.28 | -6.87 | -6.21 |
Cashflow From Financing | -19.6% | 15.00 | 18.00 | 447 | 442 | 430 |
Buy Backs | NaN% | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
87.2%
81.4%
59.3%
Y-axis is the maximum loss one would have experienced if Duolingo was unfortunately bought at previous high price.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -0.03 | -70,443 | 207,557 | -% |
2023-03-10 | BAILLIE GIFFORD & CO | added | 5.97 | -60,945,700 | 231,368,000 | 0.24% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -5.66 | -2,000 | 3,000 | -% |
2023-02-28 | Voya Investment Management LLC | unchanged | - | -217,847 | 644,153 | -% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | unchanged | - | -939,000 | 2,771,000 | 0.03% |
2023-02-21 | MACQUARIE GROUP LTD | sold off | -100 | -3,375,000 | - | -% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | sold off | -100 | - | - | -% |
2023-02-15 | Jasper Ridge Partners, L.P. | unchanged | - | -1,687,910 | 4,981,090 | 0.30% |
2023-02-15 | Chimera Capital Management LLC | new | - | 777,380 | 777,380 | 0.22% |
2023-02-15 | ALLIANCEBERNSTEIN L.P. | unchanged | - | -679,134 | 2,005,870 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 15, 2023 | duolingo, inc. | 10.7% | 3,752,989 | SC 13G | |
Feb 15, 2023 | duolingo, inc. | 10.8% | 3,802,055 | SC 13G | |
Feb 14, 2023 | foxhaven asset management, lp | 4.0% | 1,251,006 | SC 13G/A | |
Feb 14, 2023 | gilder gagnon howe & co llc | 2.8% | 879,103 | SC 13G/A | |
Feb 14, 2023 | newview capital fund i, l.p. | 3.2% | 1e+06 | SC 13G/A | |
Feb 13, 2023 | durable capital partners lp | 13.3% | 4,156,738 | SC 13G/A | |
Feb 13, 2023 | general atlantic, l.p. | 4.7% | 1,479,294 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 7.86% | 2,459,432 | SC 13G | |
Feb 07, 2023 | blackrock inc. | 6.6% | 2,050,732 | SC 13G | |
Feb 03, 2023 | kpcb digital growth fund, llc | 0% | 0 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 08, 2023 | 4 | Insider Trading | |
Mar 08, 2023 | 4 | Insider Trading | |
Mar 07, 2023 | 4 | Insider Trading | |
Mar 06, 2023 | 4 | Insider Trading | |
Mar 06, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 02, 2023 | 4 | Insider Trading | |
Mar 02, 2023 | 4 | Insider Trading | |
Mar 02, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-07 | Chen Stephen C. | sold | -1,398,370 | 130 | -10,748 | general counsel |
2023-03-07 | Meese Robert | sold | -650,536 | 130 | -5,000 | chief business officer |
2023-03-07 | Chen Stephen C. | acquired | 154,986 | 14.42 | 10,748 | general counsel |
2023-03-06 | Skaruppa Matthew | sold | -1,502,340 | 125 | -12,000 | chief financial officer |
2023-03-06 | Skaruppa Matthew | acquired | 173,040 | 14.42 | 12,000 | chief financial officer |
2023-03-03 | Clemens Sara | acquired | 162,700 | 16.27 | 10,000 | - |
2023-03-03 | von Ahn Luis | sold | -18,166,400 | 118 | -153,514 | president & ceo, co-founder |
2023-03-03 | von Ahn Luis | acquired | - | - | 153,514 | president & ceo, co-founder |
2023-03-03 | Clemens Sara | sold | -2,365,730 | 118 | -20,000 | - |
2023-03-02 | Glance Natalie | sold | -3,195,320 | 118 | -27,000 | chief engineering officer |
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Income Statement [Abstract] | |||
Revenues | $ 369,495 | $ 250,772 | $ 161,696 |
Cost of revenues | 99,431 | 69,186 | 45,987 |
Gross profit | 270,064 | 181,586 | 115,709 |
Operating expenses: | |||
Research and development | 150,444 | 103,833 | 53,024 |
Sales and marketing | 66,967 | 59,170 | 34,983 |
General and administrative | 117,848 | 78,590 | 43,713 |
Total operating expenses | 335,259 | 241,593 | 131,720 |
Loss from operations | (65,195) | (60,007) | (16,011) |
Other income | 131 | 318 | 157 |
Other expense | (807) | (288) | (85) |
Other (expense) income, net | (676) | 30 | 72 |
Loss before interest income and provision for income taxes | (65,871) | (59,977) | (15,939) |
Interest income | 7,235 | 19 | 231 |
Loss before provision for income taxes | (58,636) | (59,958) | (15,708) |
Provision for income taxes | 938 | 177 | 68 |
Net loss | (59,574) | (60,135) | $ (15,776) |
Net comprehensive loss | $ (59,574) | $ (60,135) | |
Net loss per share attributable to Class A and Class B common stockholders, basic (in usd per share) | $ (1.51) | $ (2.57) | $ (1.24) |
Net loss per share attributable to Class A and Class B common stockholders, diluted (in usd per share) | $ (1.51) | $ (2.57) | $ (1.24) |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 608,180 | $ 553,922 |
Accounts receivable | 46,728 | 33,163 |
Deferred cost of revenues | 35,041 | 24,219 |
Prepaid expenses and other current assets | 7,234 | 7,967 |
Total current assets | 697,183 | 619,271 |
Assets, Noncurrent | ||
Property and equipment, net | 12,969 | 8,211 |
Goodwill | 4,050 | 0 |
Intangible assets, net | 8,497 | 4,566 |
Operating lease right-of-use assets | 22,508 | 28,369 |
Deferred tax assets | 633 | 0 |
Other assets | 1,507 | 894 |
Total assets | 747,347 | 661,311 |
Current liabilities | ||
Accounts payable | 1,177 | 7,818 |
Deferred revenues | 157,550 | 98,267 |
Income tax payable | 1,069 | 113 |
Accrued expenses and other current liabilities | 21,970 | 12,933 |
Total current liabilities | 181,766 | 119,131 |
Liabilities, Noncurrent | ||
Long-term obligation under operating leases | 23,503 | 29,124 |
Total liabilities | 205,269 | 148,255 |
Commitments and contingencies (Note 10) | ||
Stockholders’ equity | ||
Class A common stock, $0.0001 par value; 2,000,000 shares authorized as of December 31, 2022 and 2021; 31,899 and 16,645 issued and outstanding at December 31, 2022 and 2021, respectively Class B common stock, $0.0001 par value; 30,000 shares authorized as of December 31, 2022 and 2021; 8,462 and 21,627 issued and outstanding at December 31, 2022 and 2021, respectively | 4 | 4 |
Additional paid-in capital | 772,562 | 683,966 |
Accumulated deficit | (230,488) | (170,914) |
Total stockholders’ equity | 542,078 | 513,056 |
Total liabilities, convertible preferred stock and stockholders' equity | $ 747,347 | $ 661,311 |