Duolingo Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019
Net Income	16.07	-59.57	-60.14	-15.78	-13.55
Depreciation & Amortization	7.1	4.87	2.73	2.26	1.25
Share-Based Compensation	95.22	73.82	40.8	17.03	3.73
Other Operating Activities	35.23	34.54	25.78	14.2	10.73
Operating Cash Flow	153.61	53.66	9.17	17.71	2.15
Operating Cash Flow Growth	186.29%	485.13%	-48.22%	722.86%	-
Capital Expenditures	-13.58	-10.12	-6.21	-4.01	-5.25
Acquisitions	0	-4.05	0	0	0
Change in Investments	0	0	0	0	7.68
Investing Cash Flow	-13.58	-14.17	-6.21	-4.01	2.43
Share Issuance / Repurchase	13.62	14.78	430.47	2.03	1.12
Other Financing Activities	-11.48	-	-	44.92	29.85
Financing Cash Flow	2.14	14.78	430.47	46.95	30.97
Net Cash Flow	142.17	54.26	433.43	60.65	35.55
Free Cash Flow	140.03	43.53	2.96	13.69	-3.09
Free Cash Flow Growth	221.67%	1368.69%	-78.36%	-	-
Free Cash Flow Margin	26.37%	11.78%	1.18%	8.47%	-4.37%
Free Cash Flow Per Share	3.33	1.08	0.08	0.38	-

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).