In This Article:
Duolingo (NASDAQ:DUOL) Full Year 2024 Results
Key Financial Results
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Revenue: US$748.0m (up 41% from FY 2023).
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Net income: US$88.6m (up 451% from FY 2023).
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Profit margin: 12% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue.
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EPS: US$2.02 (up from US$0.39 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Duolingo Earnings Insights
Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Consumer Services industry in the US.
Performance of the American Consumer Services industry.
The company's shares are down 19% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Duolingo has 1 warning sign we think you should be aware of.
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