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Duolingo Inc   (DUOL)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 
Price: $216.3400 $-11.90 -5.214%
Day's High: $228.24 Week Perf: -2.83 %
Day's Low: $ 215.00 30 Day Perf: 14.13 %
Volume (M): 653 52 Wk High: $ 245.87
Volume (M$): $ 141,357 52 Wk Avg: $168.59
Open: $227.24 52 Wk Low: $116.82



 Market Capitalization (Millions $) 9,931
 Shares Outstanding (Millions) 46
 Employees 500
 Revenues (TTM) (Millions $) 531
 Net Income (TTM) (Millions $) 16
 Cash Flow (TTM) (Millions $) 142
 Capital Exp. (TTM) (Millions $) 3

Duolingo Inc
Our objective is to provide the greatest education in the world and make it available to everyone.
Although education can open the door to economic opportunity, it is also one of the primary drivers of inequality: the affluent can receive the greatest education available, while others with fewer means, particularly in developing nations, may be unable to obtain even basic schooling. Thats why we founded Duolingo. We think that everyone, regardless of income, should have access to a high-quality education. And, for the first time in history, the technology required to make this possible is in the hands of billions of people in the shape of a smartphone. Duolingo creates smartphone-native products that are bite-sized, on-demand, and entertaining.
Our flagship app has organically become the world's most popular way to learn languages and the top-grossing Education app in the App Stores. For many, Duolingo has become synonymous with language learning: for example, on Google, people search the term 'Duolingo' approximately seven times more often than 'learn Spanish.' We are particularly proud that our learners come from the entire socioeconomic spectrum, ranging from billionaires and celebrities to recently resettled refugees, a rare instance in which more money does not imply better access to a high quality educational platform.
Duolingo is the learning product built for the mobile generation: bite-sized, on-demand and fun. We believe that the hardest part of learning something new is staying motivated, so we build gamification features into our platform to motivate our learners, and we run thousands of A/B tests to optimize each feature for maximum engagement. Our obsession with user experience has yielded affinity and loyalty in our learners, which in turn has helped us cultivate millions of brand advocates who tell their friends and families about our products. Our brand has become part of pop culture, appearing in internet memes and in sketches on late night comedy shows. As an example, #duolingo on TikTok has approximately half a billion views, and our official account has been highlighted by numerous press outlets. All of this has allowed us to grow our business organically, primarily relying on word-of-mouth virality rather than paid user acquisition.
We intentionally do not put our learning content behind a paywall. Anyone can download the Duolingo app, use it for as long as they like, and complete as many of our courses as they choose, all without paying anything. Learners who use Duolingo for free see an ad at the end of each lesson, whereas learners who purchase Duolingo Plus, our premium subscription, enjoy an ad-free experience and access to additional features.

Our freemium business model, which means allowing users to access our content for free and charging a subscription for additional features, is core to our success because it enables significant user scale. Our growth and competitive differentiation have been driven by two mutually-reinforcing flywheels: our learning flywheel and our investment flywheel.

Learning flywheel: The greater the scale of our learner base, the more we can use insights from data analytics to improve both engagement and efficacy. The more engaging our products are, and the more effectively we teach, the more our learners tell their friends about Duolingo and the more we continue to grow our learner base.
Investment flywheel: Our learner scale and word-of-mouth growth allow us to focus our capital investments on product innovation and data analytics, as opposed to brand or performance marketing. The more learners use Duolingo and convert into paid subscribers, the more we are able to invest in creating an even more delightful, engaging and effective learning experience. In turn, this increases our popularity and user scale, as well as the effectiveness of our data analytics, further widening our competitive moat.


   Company Address: 5900 Penn Avenue Pittsburgh 15206 PA
   Company Phone Number: 567-6602   Stock Exchange / Ticker: NASDAQ DUOL
   


Customers Net Income grew by DUOL's Customers Net Profit Margin grew to

25.17 %

26.52 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

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Duolingo Inc

Duolingo Inc Delivers Another Quarter of Positive Income, Surpassing Expectations in 2023

As Duolingo, the world's leading online learning platform, recently released its Language Report, it not only provided insights into language learner preferences, but also showcased its impressive performance in the third quarter. Despite facing stiff competition, Duolingo Inc demonstrated significant revenue growth and achieved a remarkable net profit.
According to the Language Report, which explores the top ten languages studied globally, Duolingo continues to play a pivotal role in empowering millions of learners worldwide. The report reaffirms the platform's influence within the language learning industry, solidifying its position as a global leader.

Product Service News

Duolingo Inc's Stellar Performance Underscores Global Language Learning Shifts

Published Mon, Dec 4 2023 11:00 AM UTC



As Duolingo, the world's leading online learning platform, launched its highly anticipated Language Report, it not only shed light on the evolving preferences of language learners but also celebrated a remarkable third-quarter performance. Despite facing tough competition, Duolingo Inc exhibited notable revenue growth and turned the tables with a remarkable net pro...

Stock Transactions

Checkmate in 12 Languages: Chess.com and Duolingo Revolutionize the Game

Published Wed, Nov 1 2023 1:00 PM UTC



In an exciting move, Chess.com, the world's largest chess site, has recently joined forces with Duolingo, the leading mobile learning platform, to introduce multilingual player bots. This partnership aims to enhance the global chess community's experience by allowing users to interact with opponents in an array of languages, including Spanish, French, German, Portu...

Duolingo Inc

Duolingo Inc Boosts Earnings with Impressive $1.32 Million Increase in Provisions on Income Taxes

Duolingo Inc, a software and programming company, has reported a positive turnaround in its financial performance during the fiscal second quarter of 2023. The company achieved a surplus by posting earnings per share (EPS) of $0.08, compared to a loss per share of $-0.31 in the same period last year. Additionally, Duolingo Inc's EPS turned positive from $-0.06 per share in the prior reporting period.
One of the key drivers of the company's improved performance was a strong revenue growth of 55.197% to $126.05 million, compared to $81.22 million in the comparable reporting period a year ago. Furthermore, the revenue advanced sequentially by 8.983% from $115.66 million. This top-line improvement places Duolingo Inc favorably amongst its Software & Programming industry contemporaries, as the industry as a whole experienced a 12.03% revenue increase during the same period.

Duolingo Inc

Duolingo Inc Surges Past Deficit, Reports Impressive Q1 2023 Revenue Growth

Duolingo Inc, the popular language-learning app, has reported an impressive growth in revenue during the first quarter of 2023, indicating a promising financial future for the company. Revenue for the period surged by 58.418% to $115.66 million, providing support to cut losses to $-0.06 per share, from $-0.46 in the same quarter a year before.
This growth is in contrast to the Q3 revenue, which improved by 20.399% to $96.07 million, and the income per share which improved from $-0.46 per share. The company reported a net shortfall of $-2.582 million in the first quarter, instead of the deficit of $-17.400 million that was reported in the corresponding quarter a year beforeInvestors can be optimistic about the financial results and the growth of Duolingo Inc. The improved financial performance, especially the substantial jump in revenue, indicates that the company is on track to become more profitable. Duolingo Inc is expected to report its next financial numbers on August 3rd, 2023.
The company's success is a result of the growing demand for language learning apps and their ability to cater to global markets. The rise in users and the revenue generated by Duolingo Inc suggests that it is a strong player in the market, with an increasing potential to attract more users.
Overall, the Q1 2023 financial results indicate that Duolingo Inc is on the right track and poised for future growth. Investors can be optimistic about the company's ability to generate profits in the future, making it a valuable investment option.






 

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