Duolingo Earnings Report

The earnings report looks really good actually. Daily active user is up 62% yoy. 4.2m paid subscribers. Revenue and bookings are also up around 46-47%. EBITDA is up 300% yoy. It seems to be a matter of time before they really make money and something in the education space.

You'd thought their offering is too simple but in my opinion that's doing the right thing. That is, to do one thing and do it really well. And now they're moving to other space like math and it would be quite a challenge to existing players in the math education space.

$duol

Source: https://investors.duolingo.com/static-files/3b110dd1-2a7c-4f68-8403-7fb52754b4d6