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UDMY - Udemy, Inc.

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Udemy, Inc.

UDMY

NASDAQ

Udemy, Inc. operates a marketplace platform for teaching and learning skills in the United States and internationally. The company offers technical and business skills, and personal development courses for individual learners and enterprise customers. Its platform provides 49 million learners with access to approximately 180,000 courses through direct-to-consumer or Udemy Business offerings in approximately 75 languages. The company's courses offer learning objectives, such as reskilling or upskilling in technology and business, and soft skills, as well as learners receive access to interactive learning tools comprising quizzes, exercises, and instructor questions-and-answers. Udemy, Inc. was incorporated in 2010 and is headquartered in San Francisco, California.

6.1 USD

-0.2 (-3.28%)

UDMY Financial Statements

Year

2024

2023

2022

2021

Total Revenue

786.57M

728.94M

629.1M

518.16M

Cost of Revenue

294.63M

309.6M

275.32M

236.02M

Gross Profit

491.94M

419.34M

353.78M

282.13M

Operating Expenses

581.27M

541.23M

504.97M

357.54M

Research and Development

125.44M

120.33M

104.56M

66.11M

Selling, General & Administrative Expenses

439.14M

410.64M

400.41M

291.43M

Selling & Marketing Expenses

342.95M

316.74M

301.35M

227.02M

General & Administrative Expenses

96.2M

93.9M

99.06M

64.41M

Other Expenses

16.68M

10.26M

-4.7M

-920k

Operating Income

-89.33M

-121.89M

-151.19M

-75.41M

Total Other Income/Expenses Net

-310k

18.25M

-399k

-936k

Income Before Tax

-89.64M

-103.64M

-151.59M

-76.34M

Income Tax

-4.35M

3.65M

2.29M

1.18M

Net Income

-85.29M

-107.29M

-153.88M

-77.53M

Basic EPS

-0.56

-0.71

-1.09

-0.56

EPS Diluted

-0.56

-0.71

-1.09

-0.56

Basic Average Shares

151.32M

150.1M

140.87M

139.16M

Diluted Average Shares

151.32M

150.1M

140.87M

139.16M

EBITDA

-89.33M

-78.53M

-129.97M

-63.53M

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

-719.7M

-612.4M

-456.03M

-378.5M

Net Income

-85.29M

-107.29M

-153.88M

-77.53M

Stock Repurchases

-150.32M

-6.76M

0

0

Dividend Paid

0

0

0

0

Retained Earnings

-804.99M

-719.7M

-612.4M

-456.03M

Other Distributions

-235.61M

-114.05M

-156.38M

-77.53M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

15.48M

10.13M

18.39M

9.89M

Annual Depreciation

-69k

24.59M

27.42M

15.3M

Capital Expenditure

-2.3M

-13.07M

-15.72M

-18.2M

Net PPE

17.85M

-1.39M

6.69M

12.79M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

0

0

0

12.65M

Goodwill (Previous Year)

12.65M

12.65M

12.65M

0

Goodwill

12.65M

12.65M

12.65M

12.65M

All figures are in USD.

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