Financials Duolingo, Inc.

Equities

DUOL

US26603R1068

Internet Services

Market Closed - Nasdaq 04:00:00 2024-05-22 pm EDT Pre-market 07:00:30 am
176.8 USD -2.28% Intraday chart for Duolingo, Inc. 179.4 +1.50%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 3,976 2,857 9,531 7,622 - -
Enterprise Value (EV) 1 3,422 2,273 8,783 6,655 6,458 5,921
P/E ratio -41.3 x -47.1 x 648 x 114 x 74.5 x 43.8 x
Yield - - - - - -
Capitalization / Revenue 15.9 x 7.73 x 17.9 x 10.4 x 8.16 x 6.4 x
EV / Revenue 13.6 x 6.15 x 16.5 x 9.08 x 6.92 x 4.97 x
EV / EBITDA -3,210 x 147 x 93.8 x 38.3 x 26 x 16.6 x
EV / FCF - - 60.9 x 26.6 x 21.4 x 15.9 x
FCF Yield - - 1.64% 3.76% 4.67% 6.27%
Price to Book - - 14.7 x 9.2 x 6.95 x 5.19 x
Nbr of stocks (in thousands) 37,472 40,170 42,014 43,122 - -
Reference price 2 106.1 71.13 226.8 176.8 176.8 176.8
Announcement Date 3/3/22 2/28/23 2/28/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 250.8 369.5 531.1 732.9 933.7 1,191
EBITDA 1 - -1.066 15.46 93.68 173.7 248 356.3
EBIT 1 - -60.01 -65.2 -13.26 51.9 100.3 -
Operating Margin - -23.93% -17.64% -2.5% 7.08% 10.74% -
Earnings before Tax (EBT) 1 - -59.96 -58.64 17.78 75.91 125.7 209.8
Net income 1 -15.78 -60.14 -59.57 16.07 76.35 123.7 205.5
Net margin - -23.98% -16.12% 3.03% 10.42% 13.25% 17.26%
EPS 2 -1.240 -2.570 -1.510 0.3500 1.555 2.374 4.034
Free Cash Flow 1 - - - 144.3 250.4 301.3 371.4
FCF margin - - - 27.16% 34.16% 32.27% 31.2%
FCF Conversion (EBITDA) - - - 154.01% 144.1% 121.51% 104.23%
FCF Conversion (Net income) - - - 897.95% 327.95% 243.53% 180.73%
Dividend per Share 2 - - - - - - -
Announcement Date 4/30/21 3/3/22 2/28/23 2/28/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 73.01 81.22 88.39 96.06 103.8 115.7 126.8 137.6 151 167.6 177 188.1 200.4 212.8 225
EBITDA 1 0.329 3.946 4.198 2.13 5.183 15.11 20.87 22.5 35.2 44 38.61 39.94 51.29 59 56.41
EBIT 1 -17.42 -11.85 -15.03 -19.98 -18.15 -8.519 -4.865 -4.67 4.795 16.44 8.51 8.654 18.46 25.51 22.34
Operating Margin -23.85% -14.59% -17.01% -20.8% -17.48% -7.37% -3.84% -3.39% 3.18% 9.81% 4.81% 4.6% 9.21% 11.98% 9.93%
Earnings before Tax (EBT) 1 -17.41 -12.13 -14.9 -18.39 -13.21 -2.698 2.41 2.932 15.13 25.85 13.37 13.66 23.5 30.4 27.34
Net income 1 -17.52 -12.15 -15.04 -18.44 -13.93 -2.582 3.725 2.807 12.12 26.96 13.76 13.9 23.24 30.24 28.04
Net margin -23.99% -14.96% -17.02% -19.2% -13.42% -2.23% 2.94% 2.04% 8.03% 16.09% 7.77% 7.39% 11.6% 14.21% 12.46%
EPS 2 -0.4600 -0.3100 -0.3800 -0.4600 -0.3500 -0.0600 0.0800 0.0600 0.2600 0.5700 0.2822 0.2770 0.4681 0.6052 0.5547
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 3/3/22 5/12/22 8/4/22 11/10/22 2/28/23 5/9/23 8/8/23 11/8/23 2/28/24 5/8/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - -
Net Cash position 1 - 554 585 748 967 1,164 1,701
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - - - 144 250 301 371
ROE (net income / shareholders' equity) - -27.8% - 2.68% 16.3% 20.3% 18.4%
ROA (Net income/ Total Assets) - - - - 18% 17.4% -
Assets 1 - - - - 424.5 710.5 -
Book Value Per Share 2 - - - 15.40 19.20 25.40 34.00
Cash Flow per Share 2 - 0.3900 1.360 3.300 5.050 6.420 -
Capex 1 - 3.59 5.56 3.19 4.81 5.93 7.51
Capex / Sales - 1.43% 1.51% 0.6% 0.66% 0.63% 0.63%
Announcement Date 4/30/21 3/3/22 2/28/23 2/28/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
176.8 USD
Average target price
252.9 USD
Spread / Average Target
+43.07%
Consensus
  1. Stock Market
  2. Equities
  3. DUOL Stock
  4. Financials Duolingo, Inc.