| Name | Market Cap | Current Price | P/E Ratio | Revenue Growth 1Y | Net Margin | ROE | FCF Yield | Debt/Equity |
|---|---|---|---|---|---|---|---|---|
| QSGQuantaSing Group Ltd | 193.36M | 5.12 | 0.75 | 23.17% | -5.8% | -75.91% | 100% | 0.13 |
| UDMYUdemy, Inc. | 742.45M | 5.14 | -9.18 | 7.91% | -0.47% | -1.68% | 5.15% | 0.05 |
| COURCoursera, Inc. | 1.09B | 6.48 | -12.71 | 9.27% | -6.19% | -7.16% | 8.62% | 0.01 |
| Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Sales/Revenue | 276.33M | 429.9M | 515.66M | 629.1M | 728.94M | 786.57M |
| Revenue Growth % | - | 0.56% | 0.2% | 0.22% | 0.16% | 0.08% |
| Cost of Goods Sold | 143.51M | 209.25M | 236.02M | 275.32M | 309.6M | 294.63M |
| COGS % of Revenue | 0.52% | 0.49% | 0.46% | 0.44% | 0.42% | 0.37% |
| Gross Profit | 132.82M | 220.65M | 279.63M | 353.78M | 419.34M | 491.94M |
| Gross Margin % | 0.48% | 0.51% | 0.54% | 0.56% | 0.58% | 0.63% |
| Gross Profit Growth % | - | 0.66% | 0.27% | 0.27% | 0.19% | 0.17% |
| Operating Expenses | 200.85M | 294.03M | 357.54M | 504.97M | 541.23M | 581.27M |
| OpEx % of Revenue | 0.73% | 0.68% | 0.69% | 0.8% | 0.74% | 0.74% |
| Selling, General & Admin | 166.47M | 243.38M | 291.43M | 400.41M | 410.64M | 439.14M |
| SG&A % of Revenue | 0.6% | 0.57% | 0.57% | 0.64% | 0.56% | 0.56% |
| Research & Development | 34.38M | 50.64M | 66.11M | 104.56M | 120.33M | 125.44M |
| R&D % of Revenue | 0.12% | 0.12% | 0.13% | 0.17% | 0.17% | 0.16% |
| Other Operating Expenses | -384K | 55K | 0 | 0 | 10.26M | 16.68M |
| Operating Income | -68.03M | -73.38M | -77.91M | -151.19M | -121.89M | -89.33M |
| Operating Margin % | -0.25% | -0.17% | -0.15% | -0.24% | -0.17% | -0.11% |
| Operating Income Growth % | - | -0.08% | -0.06% | -0.94% | 0.19% | 0.27% |
| EBITDA | -59.29M | -62.33M | -62.61M | -129.97M | -97.31M | -89.4M |
| EBITDA Margin % | -0.21% | -0.14% | -0.12% | -0.21% | -0.13% | -0.11% |
| EBITDA Growth % | - | -0.05% | -0% | -1.08% | 0.25% | 0.08% |
| D&A (Non-Cash Add-back) | 8.74M | 11.05M | 15.3M | 21.22M | 24.59M | -69K |
| EBIT | -68.03M | -73.38M | -78.62M | -150.34M | -103.12M | -89.26M |
| Net Interest Income | 87K | -1.15M | -16K | 4.3M | 20.15M | 19.29M |
| Interest Income | 87K | 0 | 16K | 5.55M | 20.67M | 19.67M |
| Interest Expense | 0 | 1.15M | 32K | 1.25M | 518K | 379K |
| Other Income/Expense | -297K | -1.09M | -936K | -399K | 18.25M | 8.39M |
| Pretax Income | -68.33M | -74.47M | -78.84M | -151.59M | -103.64M | -80.94M |
| Pretax Margin % | -0.25% | -0.17% | -0.15% | -0.24% | -0.14% | -0.1% |
| Income Tax | 1.38M | 3.15M | 1.18M | 2.29M | 3.65M | 4.35M |
| Effective Tax Rate % | 1.02% | 1.04% | 1.02% | 1.02% | 1.04% | 1.05% |
| Net Income | -69.7M | -77.62M | -80.03M | -153.88M | -107.29M | -85.29M |
| Net Margin % | -0.25% | -0.18% | -0.16% | -0.24% | -0.15% | -0.11% |
| Net Income Growth % | - | -0.11% | -0.03% | -0.92% | 0.3% | 0.21% |
| Net Income (Continuing) | -69.7M | -77.62M | -80.03M | -153.88M | -107.29M | -85.29M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -2.17 | -0.56 | -0.56 | -1.09 | -0.71 | -0.56 |
| EPS Growth % | - | 0.74% | 0% | -0.95% | 0.35% | 0.21% |
| EPS (Basic) | -2.17 | -0.56 | -0.56 | -1.09 | -0.71 | -0.56 |
| Diluted Shares Outstanding | 32.1M | 139.6M | 139.16M | 140.87M | 150.1M | 151.32M |
| Basic Shares Outstanding | 32.1M | 139.6M | 139.16M | 140.87M | 150.1M | 151.32M |
| Dividend Payout Ratio | - | - | - | - | - | - |
| Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Total Current Assets | 79.68M | 227.32M | 641.87M | 615.01M | 632.33M | 506.33M |
| Cash & Short-Term Investments | 49.25M | 175.03M | 534.61M | 465.37M | 476.94M | 354.44M |
| Cash Only | 49.25M | 175.03M | 533.87M | 313.69M | 305.56M | 190.59M |
| Short-Term Investments | 0 | 0 | 745K | 151.69M | 171.37M | 163.84M |
| Accounts Receivable | 26.81M | 46.26M | 73.18M | 104.53M | 92.56M | 88.22M |
| Days Sales Outstanding | 35.41 | 39.27 | 51.8 | 60.65 | 46.34 | 40.94 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - |
| Other Current Assets | 1.01M | 1.13M | 21.61M | 30.23M | 62.84M | 63.68M |
| Total Non-Current Assets | 37.62M | 54.77M | 97.98M | 122.55M | 108.87M | 99.3M |
| Property, Plant & Equipment | 7.96M | 9.11M | 9.89M | 18.39M | 10.13M | 15.48M |
| Fixed Asset Turnover | 34.73x | 47.21x | 52.16x | 34.21x | 71.96x | 50.80x |
| Goodwill | 0 | 0 | 12.65M | 12.65M | 12.65M | 12.65M |
| Intangible Assets | 10.8M | 14.01M | 33.65M | 36.74M | 36.61M | 2.43M |
| Long-Term Investments | 2.5M | 2.9M | 10M | 12.1M | 10.31M | 1.11M |
| Other Non-Current Assets | 16.36M | 28.75M | 31.79M | 42.67M | 39.17M | 67.63M |
| Total Assets | 117.3M | 282.1M | 739.85M | 737.57M | 741.2M | 605.63M |
| Asset Turnover | 2.36x | 1.52x | 0.70x | 0.85x | 0.98x | 1.30x |
| Asset Growth % | - | 1.4% | 1.62% | -0% | 0% | -0.18% |
| Total Current Liabilities | 183.9M | 263.81M | 341.34M | 386.91M | 380.13M | 397.48M |
| Accounts Payable | 16.32M | 23.71M | 34.63M | 14.53M | 2.51M | 6.31M |
| Days Payables Outstanding | 41.52 | 41.36 | 53.55 | 19.26 | 2.95 | 7.82 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Liabilities | 66.8M | 66.9M | 44.37M | 59.42M | 29.58M | 97.56M |
| Current Ratio | 0.43x | 0.86x | 1.88x | 1.59x | 1.66x | 1.27x |
| Quick Ratio | 0.43x | 0.86x | 1.88x | 1.59x | 1.66x | 1.27x |
| Cash Conversion Cycle | - | - | - | - | - | - |
| Total Non-Current Liabilities | 3.35M | 4.86M | 8.81M | 11.35M | 4.17M | 10.76M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 6.54M | 1.12M | 8.31M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 2.64M | 3.93M | 6.53M | 464K | 48K | 6K |
| Total Liabilities | 187.25M | 268.68M | 350.15M | 398.26M | 384.3M | 408.23M |
| Total Debt | 0 | 0 | 0 | 13.55M | 6.95M | 10.82M |
| Net Debt | -49.25M | -175.03M | -533.87M | -300.14M | -298.62M | -179.78M |
| Debt / Equity | - | - | - | 0.04x | 0.02x | 0.05x |
| Debt / EBITDA | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - |
| Interest Coverage | - | -64.03x | -2434.59x | -120.86x | -235.32x | -235.69x |
| Total Equity | -69.94M | 13.42M | 389.7M | 339.31M | 356.89M | 197.39M |
| Equity Growth % | - | 1.19% | 28.04% | -0.13% | 0.05% | -0.45% |
| Book Value per Share | -2.18 | 0.10 | 2.80 | 2.41 | 2.38 | 1.30 |
| Total Shareholders' Equity | -69.94M | 13.42M | 389.7M | 339.31M | 356.89M | 197.39M |
| Common Stock | 0 | 0 | 1K | 1K | 2K | 1K |
| Retained Earnings | -300.88M | -378.5M | -458.53M | -612.4M | -719.7M | -804.99M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | -1K | -233K | 80K | -11K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Cash from Operations | -16.45M | 9.62M | -7.1M | -60.96M | -2M | 53.04M |
| Operating CF Margin % | -0.06% | 0.02% | -0.01% | -0.1% | -0% | 0.07% |
| Operating CF Growth % | - | 1.58% | -1.74% | -7.58% | 0.97% | 27.46% |
| Net Income | -69.7M | -77.62M | -77.53M | -153.88M | -107.29M | -85.29M |
| Depreciation & Amortization | 8.74M | 11.05M | 15.3M | 21.22M | 24.59M | 25.42M |
| Stock-Based Compensation | 8.96M | 31.62M | 34.68M | 81.29M | 96.05M | 90.02M |
| Deferred Taxes | 0 | 0 | 326K | 0 | 0 | 0 |
| Other Non-Cash Items | 3.83M | 7.72M | 17.8M | 42.13M | 51.16M | 70.29M |
| Working Capital Changes | 31.71M | 36.85M | 2.32M | -51.73M | -66.5M | -47.4M |
| Change in Receivables | -10.58M | -19.63M | -27M | -32.31M | 10.31M | 2.79M |
| Change in Inventory | 0 | 0 | -5.51M | 0 | 0 | 0 |
| Change in Payables | 26.28M | 17.49M | 4.77M | -28.62M | -14.43M | 10.05M |
| Cash from Investing | 14.61M | -14.54M | -52.69M | -173.23M | -24.97M | 1.08M |
| Capital Expenditures | -3.33M | -5.18M | -18.2M | -1.56M | -632K | -2.3M |
| CapEx % of Revenue | 0.01% | 0.01% | 0.04% | 0% | 0% | 0% |
| Acquisitions | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - |
| Other Investing | -7.79M | -9.36M | -12.87M | -14.16M | -12.43M | -12.47M |
| Cash from Financing | 11.27M | 131.09M | 418.63M | 14.76M | 19.2M | -171.75M |
| Debt Issued (Net) | - | - | - | - | - | - |
| Equity Issued (Net) | - | - | - | - | - | - |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | - | - | - | - | - | - |
| Other Financing | 11.27M | 10.38M | 3.44M | 14.76M | 19.2M | -21.43M |
| Net Change in Cash | - | - | - | - | - | - |
| Free Cash Flow | -27.58M | -4.91M | -25.31M | -76.68M | -15.07M | 38.27M |
| FCF Margin % | -0.1% | -0.01% | -0.05% | -0.12% | -0.02% | 0.05% |
| FCF Growth % | - | 0.82% | -4.15% | -2.03% | 0.8% | 3.54% |
| FCF per Share | -0.86 | -0.04 | -0.18 | -0.54 | -0.10 | 0.25 |
| FCF Conversion (FCF/Net Income) | 0.24x | -0.12x | 0.09x | 0.40x | 0.02x | -0.62x |
| Interest Paid | 5K | 48K | 90K | 23K | 3.19M | 0 |
| Taxes Paid | 120K | 154K | 385K | 678K | 1.42M | 1.28M |
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | -578.43% | -39.7% | -42.21% | -30.82% | -30.77% |
| Return on Invested Capital (ROIC) | - | - | - | -289.47% | -187.63% | -176.55% |
| Gross Margin | 48.07% | 51.33% | 54.23% | 56.24% | 57.53% | 62.54% |
| Net Margin | -25.22% | -18.06% | -15.52% | -24.46% | -14.72% | -10.84% |
| Debt / Equity | - | - | - | 0.04x | 0.02x | 0.05x |
| Interest Coverage | - | -64.03x | -2434.59x | -120.86x | -235.32x | -235.69x |
| FCF Conversion | 0.24x | -0.12x | 0.09x | 0.40x | 0.02x | -0.62x |
| Revenue Growth | - | 55.58% | 19.95% | 22% | 15.87% | 7.91% |
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Enterprise | 186.95M | 314.04M | 420.65M | 494.46M |
| Enterprise Growth | - | 67.98% | 33.95% | 17.55% |
| Consumer | 328.7M | 315.06M | 308.29M | 292.11M |
| Consumer Growth | - | -4.15% | -2.15% | -5.25% |
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| North America | 199.27M | 256.55M | 291.65M | 310.8M |
| North America Growth | - | 28.74% | 13.68% | 6.56% |
| EMEA | 168.61M | 189.62M | 221.7M | 237.69M |
| EMEA Growth | - | 12.46% | 16.92% | 7.21% |
| Asia Pacific | 107.92M | 137.83M | 163.75M | 183.27M |
| Asia Pacific Growth | - | 27.71% | 18.80% | 11.92% |
| Latin America | 39.85M | 45.1M | 51.84M | 54.8M |
| Latin America Growth | - | 13.17% | 14.93% | 5.72% |
Udemy, Inc. (UDMY) reported $795.8M in revenue for fiscal year 2024. This represents a 188% increase from $276.3M in 2019.
Udemy, Inc. (UDMY) grew revenue by 7.9% over the past year. This is steady growth.
Udemy, Inc. (UDMY) reported a net loss of $3.7M for fiscal year 2024.
Udemy, Inc. (UDMY) has a return on equity (ROE) of -30.8%. Negative ROE indicates the company is unprofitable.
Udemy, Inc. (UDMY) generated $64.4M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.