UDEMY, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 10.14 USD | +0.70% |
|
+2.53% | -31.16% |
| 05-02 | Transcript : Udemy, Inc., Q1 2024 Earnings Call, May 02, 2024 | |
| 05-02 | Earnings Flash (UDMY) UDEMY Posts Q1 Revenue $196.8M, vs. Street Est of $194.9M | MT |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 2,715 | 1,491 | 2,259 | 1,552 | - | - |
| Enterprise Value (EV) 1 | 2,178 | 1,174 | 1,778 | 1,112 | 1,081 | 1,054 |
| P/E ratio | -13.9 x | -9.68 x | -20.7 x | -19.5 x | -27.7 x | -145 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 5.24 x | 2.37 x | 3.1 x | 1.94 x | 1.72 x | 1.54 x |
| EV / Revenue | 4.2 x | 1.87 x | 2.44 x | 1.39 x | 1.2 x | 1.04 x |
| EV / EBITDA | -85.7 x | -24.1 x | 228 x | 53.6 x | 20.1 x | 10.1 x |
| EV / FCF | -86.1 x | -15.3 x | -118 x | 39.9 x | 18.2 x | - |
| FCF Yield | -1.16% | -6.53% | -0.85% | 2.5% | 5.51% | - |
| Price to Book | 6.98 x | - | 6.2 x | 5.27 x | 4.93 x | 4.31 x |
| Nbr of stocks (in thousands) | 138,945 | 141,322 | 153,329 | 153,104 | - | - |
| Reference price 2 | 19.54 | 10.55 | 14.73 | 10.14 | 10.14 | 10.14 |
| Announcement Date | 09/02/22 | 14/02/23 | 14/02/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 518.2 | 629.1 | 728.9 | 799.1 | 902 | 1,009 |
| EBITDA 1 | - | -25.43 | -48.68 | 7.794 | 20.74 | 53.83 | 104.5 |
| EBIT 1 | - | -39.22 | -65.63 | -16.79 | -0.8601 | 30.72 | 79.08 |
| Operating Margin | - | -7.57% | -10.43% | -2.3% | -0.11% | 3.41% | 7.84% |
| Earnings before Tax (EBT) 1 | - | -76.34 | -151.6 | -103.6 | -77.84 | -49.8 | -11.37 |
| Net income 1 | -77.62 | -77.53 | -153.9 | -107.3 | -84.96 | -62.34 | -11.54 |
| Net margin | - | -14.96% | -24.46% | -14.72% | -10.63% | -6.91% | -1.14% |
| EPS 2 | -2.330 | -1.410 | -1.090 | -0.7100 | -0.5201 | -0.3657 | -0.0700 |
| Free Cash Flow 1 | - | -25.31 | -76.68 | -15.07 | 27.85 | 59.5 | - |
| FCF margin | - | -4.88% | -12.19% | -2.07% | 3.49% | 6.6% | - |
| FCF Conversion (EBITDA) | - | - | - | - | 134.25% | 110.54% | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - |
| Announcement Date | 26/05/21 | 09/02/22 | 14/02/23 | 14/02/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 138 | 152.2 | 153.1 | 158.4 | 165.3 | 176.4 | 178.2 | 184.7 | 189.5 | 196.8 | 194.2 | 200.1 | 208.1 | 218.8 | 217.6 |
| EBITDA 1 | -22.57 | -7.007 | -8.562 | -12.87 | -20.25 | -6.288 | 1.934 | 8.171 | 3.977 | 6.459 | 0.5187 | 5.873 | 7.992 | 10.98 | 10.5 |
| EBIT 1 | -26.36 | -10.91 | -12.73 | -17.22 | -24.78 | -11.01 | -27.46 | -21.5 | -2.542 | 0.931 | -4.783 | 0.5124 | 2.203 | 5.474 | 6.25 |
| Operating Margin | -19.11% | -7.17% | -8.31% | -10.87% | -14.99% | -6.24% | -15.41% | -11.64% | -1.34% | 0.47% | -2.46% | 0.26% | 1.06% | 2.5% | 2.87% |
| Earnings before Tax (EBT) 1 | -38.22 | -25.32 | -29.07 | -46.18 | -51.02 | -43.49 | -24.68 | -15.96 | -19.52 | -17.31 | -23.37 | -18.42 | -17.9 | -12.4 | -14.4 |
| Net income 1 | -38.88 | -25.65 | -29.38 | -46.69 | -52.15 | -44.54 | -25.74 | -16.77 | -20.25 | -18.34 | -25.99 | -21.19 | -19.66 | -17.35 | -20.3 |
| Net margin | -28.19% | -16.85% | -19.19% | -29.47% | -31.54% | -25.25% | -14.44% | -9.08% | -10.68% | -9.32% | -13.38% | -10.59% | -9.45% | -7.93% | -9.33% |
| EPS 2 | -0.3600 | -0.1800 | -0.2100 | -0.3300 | -0.3600 | -0.3100 | -0.1700 | -0.1100 | -0.1300 | -0.1200 | -0.1579 | -0.1320 | -0.1225 | -0.0800 | -0.1000 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 09/02/22 | 04/05/22 | 03/08/22 | 02/11/22 | 14/02/23 | 03/05/23 | 03/08/23 | 02/11/23 | 14/02/24 | 02/05/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | - | 537 | 317 | 480 | 440 | 472 | 499 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | -25.3 | -76.7 | -15.1 | 27.9 | 59.5 | - |
| ROE (net income / shareholders' equity) | - | - | -18.7% | 0.55% | 4.75% | 13.5% | 23.9% |
| ROA (Net income/ Total Assets) | - | -15.2% | -9.25% | 0.26% | 2.13% | 5.6% | - |
| Assets 1 | - | 511 | 1,664 | -41,426 | -3,996 | -1,113 | - |
| Book Value Per Share 2 | - | 2.800 | - | 2.380 | 1.930 | 2.060 | 2.350 |
| Cash Flow per Share 2 | - | -0.1300 | -0.4300 | -0.0100 | 0.2300 | 0.6000 | - |
| Capex 1 | - | 5.34 | 1.56 | 0.63 | 3.98 | 5.88 | - |
| Capex / Sales | - | 1.03% | 0.25% | 0.09% | 0.5% | 0.65% | - |
| Announcement Date | 26/05/21 | 09/02/22 | 14/02/23 | 14/02/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
BUY
Number of Analysts
12
Last Close Price
10.14
USD
Average target price
14.61
USD
Spread / Average Target
+44.13%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -31.16% | 1.55B | |
| +26.36% | 439B | |
| +25.72% | 264B | |
| +10.33% | 141B | |
| +8.01% | 93.43B | |
| +26.00% | 90.41B | |
| +17.47% | 47.5B | |
| +4.52% | 37.3B | |
| +20.84% | 36.11B | |
| +15.15% | 29.14B |
- Stock Market
- Equities
- UDMY Stock
- Financials Udemy, Inc.
