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DUOL (Duolingo) EBIT : $62.6 Mil (TTM As of Dec. 2024)


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What is Duolingo EBIT?

Duolingo's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was $13.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was $62.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Duolingo's annualized ROC % for the quarter that ended in Dec. 2024 was 6.61%. Duolingo's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 82.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Duolingo's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 0.54%.


Duolingo EBIT Historical Data

The historical data trend for Duolingo's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Duolingo EBIT Chart

Duolingo Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial -16.01 -60.01 -65.20 -13.26 62.60

Duolingo Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.80 16.44 18.70 13.57 13.88

Competitive Comparison of Duolingo's EBIT

For the Software - Application subindustry, Duolingo's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Duolingo's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Duolingo's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Duolingo's EV-to-EBIT falls into.



Duolingo EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $62.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Duolingo  (NAS:DUOL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Duolingo's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=55.528 * ( 1 - 37.78% )/( (471.715 + 573.024)/ 2 )
=34.5495216/522.3695
=6.61 %

where

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1219.549 - 31.53 - ( 880.763 - max(0, 342.133 - 1058.437+880.763))
=471.715

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1301.728 - 49.347 - ( 877.645 - max(0, 422.231 - 1101.588+877.645))
=573.024

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Duolingo's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=55.528/( ( (68.119 + max(-164.459, 0)) + (66.438 + max(-198.288, 0)) )/ 2 )
=55.528/( ( 68.119 + 66.438 )/ 2 )
=55.528/67.2785
=82.53 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(94.215 + 0 + 83.459) - (31.53 + 310.603 + -5.6843418860808E-14)
=-164.459

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(128.923 + 0 + 95.02) - (49.347 + 372.884 + 0)
=-198.288

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Duolingo's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=62.595/11505.222
=0.54 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Duolingo EBIT Related Terms

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Duolingo Business Description

Traded in Other Exchanges
Address
5900 Penn Avenue, Pittsburgh, PA, USA, 15206
Duolingo Inc is a technology company that develops mobile learning platform to learn languages and is the top-grossing app in the Education category on both Google Play and the Apple App Store. Its products are powered by sophisticated data analytics and artificial intelligence and delivered with class art, animation, and design to make it easier for learners to stay motivated master new material, and achieve their learning goals. Its solutions include The Duolingo Language Learning App, Super Duolingo, Duolingo English Test: AI-Driven Language Assessment, Duolingo For Schools, Duolingo ABC, and Duolingo Math. It has three predominant sources of revenue; time-based subscriptions, in-app advertising placement by third parties, and the Duolingo English Test.
Executives
Severin Hacker director, 10 percent owner, officer: Chief Technology Officer,, other: Co-Founder C/O DUOLINGO, INC., 5900 PENN AVE., PITTSBURGH PA 15206
Ahn Luis Von director, 10 percent owner, officer: President & CEO, Co-Founder C/O ROOT, INC., 80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Matthew Skaruppa officer: Chief Financial Officer C/O DUOLINGO, INC., 5900 PENN AVE., PITTSBURGH PA 15206
Natalie Glance officer: SVP, Engineering C/O DUOLINGO, INC., 5900 PENN AVE., PITTSBURGH PA 15206
Stephen C. Chen officer: General Counsel C/O DUOLINGO, INC., 5900 PENN AVE., PITTSBURGH PA 15206
Robert Meese officer: Chief Business Officer C/O DUOLINGO, INC., 5900 PENN AVE., PITTSBURGH PA 15206
Sara Clemens director C/O PANDORA MEDIA, INC., 2101 WEBSTER STREET, #1650, OAKLAND CA 94612
Amy Bohutinsky director C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101
James H Shelton director 469 FLORIDA AVENUE NW, WASHINGTON DC 20001
Durable Capital Partners Lp 10 percent owner 4747 BETHESDA AVENUE, SUITE #1002, BETHESDA MD 20814
Gillian Munson director C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007
Ravi Viswanathan 10 percent owner 1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM MD 21093
Newview Capital Fund I, L.p. 10 percent owner 1290 HOWARD AVE, SUITE 319, BURLINGAME CA 94010
Newview Capital Partners I, Llc 10 percent owner 1201 HOWARD AVENUE, SUITE 101, BURLINGAME CA 94010
Kpcb Digital Growth Fund, Llc 10 percent owner 2750 SAND HILL ROAD, MENLO PARK CA 94025