Udemy Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	204.56	305.56	313.69	533.87	175.03	49.14
Short-Term Investments	152.55	171.37	151.69	0.75	-	0.3
Cash & Short-Term Investments	357.11	476.94	465.37	534.61	175.03	49.43
Cash Growth	-25.52%	2.48%	-12.95%	205.44%	254.07%	-
Receivables	81.16	92.56	104.53	73.18	46.26	26.81
Prepaid Expenses	24.78	20.92	14.88	12.47	4.9	2.62
Restricted Cash	0.1	3.33	-	-	-	0.11
Other Current Assets	44.86	38.58	30.23	21.62	10.77	5.41
Total Current Assets	508.01	632.33	615.01	641.87	236.96	84.38
Property, Plant & Equipment	15.15	10.13	18.39	9.89	9.11	7.96
Long-Term Investments	-	10.31	12.1	10	-	-
Goodwill	12.65	12.65	12.65	12.65	-	-
Other Intangible Assets	35.93	36.61	36.74	33.65	14.01	10.8
Long-Term Deferred Charges	32.28	35.79	35.41	25.65	16.2	9.68
Other Long-Term Assets	4.89	3.38	7.26	6.15	5.82	4.48
Total Assets	608.91	741.2	737.57	739.85	282.1	117.3
Accounts Payable	4.27	2.51	14.53	34.63	23.71	16.32
Accrued Expenses	54.25	48.3	47.14	58.85	65.21	54.83
Current Portion of Leases	4.69	5.83	7	-	-	-
Current Unearned Revenue	299.96	279.41	273.94	208.27	141.44	87.01
Other Current Liabilities	39.69	44.09	44.3	39.6	33.46	25.74
Total Current Liabilities	402.85	380.13	386.91	341.34	263.81	183.9
Long-Term Leases	7.42	1.12	6.55	-	-	-
Long-Term Unearned Revenue	2.36	3	4.34	2.28	0.94	0.7
Other Long-Term Liabilities	0.01	0.05	0.46	6.53	3.93	2.64
Total Liabilities	412.65	384.3	398.26	350.15	268.68	187.25
Common Stock	0	0	0	0	-	-
Additional Paid-In Capital	991.18	1,077	951.95	848.23	117.82	75.29
Retained Earnings	-795.12	-719.7	-612.4	-458.53	-378.5	-300.88
Comprehensive Income & Other	0.2	0.08	-0.23	-0	-	-
Total Common Equity	196.26	356.89	339.31	389.7	-260.69	-225.59
Shareholders' Equity	196.26	356.89	339.31	389.7	13.42	-69.95
Total Liabilities & Equity	608.91	741.2	737.57	739.85	282.1	117.3
Total Debt	12.11	6.95	13.55	-	-	-
Net Cash (Debt)	345	469.99	451.83	534.61	175.03	49.43
Net Cash Growth	-26.72%	4.02%	-15.49%	205.44%	254.07%	-
Net Cash Per Share	2.25	3.13	3.21	9.73	5.24	1.82
Filing Date Shares Outstanding	145.9	158.09	145.36	139.53	35.63	27.1
Total Common Shares Outstanding	146.69	157.17	145.01	139.16	35.63	27.1
Working Capital	105.16	252.2	228.11	300.53	-26.85	-99.52
Book Value Per Share	1.34	2.27	2.34	2.80	-7.32	-8.33
Tangible Book Value	147.68	307.64	289.92	343.4	-274.7	-236.39
Tangible Book Value Per Share	1.01	1.96	2.00	2.47	-7.71	-8.72
Machinery	12.9	12.48	12.69	11.5	10.35	8.38
Construction In Progress	0.16	-	-	0.02	0.02	1.44
Leasehold Improvements	19.06	19.06	19.11	18.93	15.16	11.52

Source: S&P Capital IQ. Standard template. Financial Sources.