Udemy, Inc. | Small-cap | Consumer Defensive
$6.86
-1.86%
| Udemy Stock Comparison:
Udemy vs StrideUdemy vs Grand CanyonUdemy vs Universal TechnicalUdemy vs AfyaUdemy vs KinderCare LearningUdemy vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 786.6M
Gross Profit 491.9M 62.54%
Operating Income -72.6M -9.24%
Net Income -85.3M -10.84%
EPS (Diluted) -$0.56

Balance Sheet Metrics

Total Assets 605.6M
Total Liabilities 408.2M
Shareholders Equity 197.4M
Debt to Equity 2.07

Cash Flow Metrics

Operating Cash Flow 56.7M
Free Cash Flow 38.3M

Revenue & Profitability Trend

Udemy Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue786.6M728.9M629.1M515.7M429.9M
Cost of Goods Sold294.6M309.6M275.3M236.0M209.3M
Gross Profit491.9M419.3M353.8M279.6M220.6M
Operating Expenses564.6M531.0M505.0M357.5M294.0M
Operating Income-72.6M-111.6M-151.2M-77.9M-73.4M
Pre-tax Income-80.9M-103.6M-151.6M-78.8M-74.5M
Income Tax4.4M3.7M2.3M1.2M3.1M
Net Income-85.3M-107.3M-153.9M-80.0M-77.6M
EPS (Diluted)-$0.56-$0.71-$1.09-$1.41-$0.64

Income Statement Trend

Udemy Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets506.3M632.3M615.0M641.9M237.0M
Non-Current Assets99.3M108.9M122.6M98.0M45.1M
Total Assets605.6M741.2M737.6M739.9M282.1M
Liabilities
Current Liabilities397.5M380.1M386.9M341.3M263.8M
Non-Current Liabilities10.8M4.2M11.4M8.8M279.0M
Total Liabilities408.2M384.3M398.3M350.2M542.8M
Equity
Total Shareholders Equity197.4M356.9M339.3M389.7M-260.7M

Balance Sheet Composition

Udemy Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income-85.3M-107.3M-153.9M-80.0M-77.6M
Operating Cash Flow56.7M4.9M-65.3M-1.9M5.2M
Investing Activities
Capital Expenditures-2.3M-632.0K-1.6M-5.3M-5.2M
Investing Cash Flow13.6M-12.5M-159.1M-39.8M-5.2M
Financing Activities
Dividends Paid-----
Financing Cash Flow-181.1M-6.8M-1.6M407.8M120.7M
Free Cash Flow38.3M-15.1M-76.7M-25.3M-4.9M

Cash Flow Trend

Udemy Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) -12.48
Forward P/E 19.08
Price to Book 5.01
Price to Sales 1.33
PEG Ratio 19.08

Profitability Ratios

Profit Margin -8.70%
Operating Margin -1.51%
Return on Equity -27.17%
Return on Assets -4.91%

Financial Health

Current Ratio 1.29
Debt to Equity 4.71
Beta 1.81

Per Share Data

EPS (TTM) -$0.45
Book Value per Share $1.41
Revenue per Share $5.30

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
udmy1.1B-12.485.01-27.17%-8.70%4.71
Stride 6.4B23.094.4523.76%13.10%57.95
Grand Canyon 5.4B23.786.8029.85%21.94%13.49
Universal Technical 1.9B33.106.4321.81%7.34%87.42
Afya 1.6B12.670.3516.81%19.79%72.09
KinderCare Learning 1.1B28.081.26-10.05%-2.61%271.80

Financial data is updated regularly. All figures are in the company's reporting currency.