Udemy, Inc. (UDMY)
NASDAQ: UDMY · IEX Real-Time Price · USD
8.99
+0.47 (5.52%)
At close: Jul 26, 2024, 4:00 PM
9.20
+0.21 (2.34%)
After-hours: Jul 26, 2024, 5:30 PM EDT
Udemy Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Year Ending | TTM | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|
| Revenue | 749.35 | 728.94 | 629.1 | 515.66 | 429.9 | 276.33 |
| Revenue Growth (YoY) | 14.70% | 15.87% | 22.00% | 19.95% | 55.58% | - |
| Cost of Revenue | 309.18 | 309.6 | 275.32 | 236.02 | 209.25 | 143.51 |
| Gross Profit | 440.17 | 419.34 | 353.78 | 279.63 | 220.65 | 132.82 |
| Selling, General & Admin | 416.72 | 410.64 | 400.41 | 291.43 | 243.38 | 166.47 |
| Research & Development | 120.67 | 120.34 | 104.56 | 66.11 | 50.64 | 34.38 |
| Operating Expenses | 537.39 | 530.97 | 504.97 | 357.54 | 294.03 | 200.85 |
| Operating Income | -97.21 | -111.63 | -151.19 | -77.91 | -73.38 | -68.03 |
| Interest Expense | -0.13 | -0.52 | -1.25 | -0.22 | -1.15 | - |
| Interest & Investment Income | 22.08 | 20.67 | 5.55 | 0.2 | - | 0.09 |
| Currency Exchange Gain (Loss) | -0.27 | -0.11 | -1.8 | -0.92 | 0.06 | -0.33 |
| Other Non Operating Income (Expenses) | - | - | - | - | - | -0.06 |
| EBT Excluding Unusual Items | -75.54 | -91.59 | -148.69 | -78.84 | -74.47 | -68.33 |
| Merger & Restructuring Charges | -0.14 | -10.26 | - | - | - | - |
| Gain (Loss) on Sale of Investments | -1.79 | -1.79 | -2.9 | - | - | - |
| Pretax Income | -77.47 | -103.64 | -151.59 | -78.84 | -74.47 | -68.33 |
| Income Tax Expense | 3.62 | 3.65 | 2.29 | 1.18 | 3.15 | 1.38 |
| Net Income | -81.09 | -107.29 | -153.88 | -80.03 | -77.62 | -69.7 |
| Net Income to Common | -81.09 | -107.29 | -153.88 | -80.03 | -77.62 | -69.7 |
| Shares Outstanding (Basic) | 153 | 150 | 141 | 55 | 33 | 27 |
| Shares Outstanding (Diluted) | 153 | 150 | 141 | 55 | 33 | 27 |
| Shares Change (YoY) | 7.27% | 6.55% | 156.26% | 64.67% | 23.21% | - |
| EPS (Basic) | -0.53 | -0.71 | -1.09 | -1.46 | -2.33 | -2.57 |
| EPS (Diluted) | -0.53 | -0.71 | -1.09 | -1.46 | -2.33 | -2.57 |
| Free Cash Flow | 38.13 | -2.64 | -62.52 | -12.44 | 4.44 | -19.78 |
| Free Cash Flow Per Share | 0.25 | -0.02 | -0.44 | -0.23 | 0.13 | -0.73 |
| Gross Margin | 58.74% | 57.53% | 56.24% | 54.23% | 51.32% | 48.07% |
| Operating Margin | -12.97% | -15.31% | -24.03% | -15.11% | -17.07% | -24.62% |
| Profit Margin | -10.82% | -14.72% | -24.46% | -15.52% | -18.06% | -25.22% |
| Free Cash Flow Margin | 5.09% | -0.36% | -9.94% | -2.41% | 1.03% | -7.16% |
| EBITDA | -90.32 | -104.54 | -142.56 | -71.9 | -69.22 | -64.2 |
| EBITDA Margin | -12.05% | -14.34% | -22.66% | -13.94% | -16.10% | -23.23% |
| D&A For EBITDA | 6.89 | 7.09 | 8.63 | 6 | 4.16 | 3.83 |
| EBIT | -97.21 | -111.63 | -151.19 | -77.91 | -73.38 | -68.03 |
| EBIT Margin | -12.97% | -15.31% | -24.03% | -15.11% | -17.07% | -24.62% |
| Advertising Expenses | - | 82.5 | 97 | 105.2 | 110.5 | 72.6 |
Source: S&P Capital IQ. Standard template.