Added to YB: 2024-05-28
Pitch date: 2024-05-24
DUOL [bullish]
Duolingo, Inc.
+5.58%
current return
Author Info
Pari Passu is a Private Equity investor at a major hedge fund who writes about anything they find interesting in investing. Sign up for the newsletter.
Company Info
Duolingo, Inc. operates as a mobile learning platform in the United States, the United Kingdom, and internationally.
Market Cap
$8.4B
Pitch Price
$185.90
Price Target
N/A
Dividend
N/A
EV/EBITDA
54.13
P/E
22.72
EV/Sales
7.69
Sector
Diversified Consumer Services
Category
growth
Duolingo Deep Dive
Summary: Duolingo (DUOL) revolutionized language learning (120+ courses) with free, gamified app. 80% users new to language learning. Revenue from subs ($80-90/yr), ads, in-app purchases. 90M MAU, 8% paid conversion. AI personalizes learning, drives growth in $100B+ market. Profitable ($16.1M net income) with 44% gross profit growth YoY. Risks: AI translation, key man. Expanding to math & music. 40% of US K-12 language teachers use DUOL. Strong product & leadership key to success.
Read full article (15 min)