The company provides its services via website and mobile application 2, 7.ĭuolingo has over 500 Mn learners all across the world 8. The company offers two courses, i.e., Basic & Plus 9, along with a Family plan 10. The company provides over 100 courses teaching 40 different languages 8. Access to education helps to reduce the poverty rate & improves living standards 5.īased in the US, Duolingo Inc is a language-learning education platform that teaches foreign languages to students globally 6, 7. The world economy is expected to double in size by 2050 due to technological disruptions that improved productivity 4. Digital technology may help reduce the language barrier resulting in automatic translation 3. More than 1.2 billion (Bn) individuals are learning a language, majorly for access to better opportunities 2. In 2023, management is guiding for an adjusted EBITDA margin of 10% to 12%, which is a massive improvement on an apples-to-apples basis.The multiplicity of languages is considered a dividing factor that prevents education & communication 1. In 2021, Duolingo had negative adjusted EBITDA but swung to a positive 4.2% adjusted EBITDA margin in 2022. The other thing to keep an eye on here is Duolingo's progress on adjusted profitability - the company gives guidance for adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA).

The consensus revenue estimate was just $464.5 million, according to The Fly. And this strong revenue guidance was another big reason the stock was up in March, if not the primary reason.

Wall Street didn't expect anything close to this. Now whatįor 2023, Duolingo expects to generate revenue of $486 million to $498 million, a potential year-over-year increase of 32% to 35%.

However, the stock kept gaining after announcing its AI enhancements. The majority of the gains for Duolingo stock came early in March because of its strong earnings report.

Duolingo for educators