Udemy, Inc. operates a marketplace platform for teaching and learning skills in the United States and internationally. The company offers technical and business skills, and personal development courses for individual learners and enterprise customers. Its platform provides 49 million learners with access to approximately 180,000 courses through direct-to-consumer or Udemy Business offerings in approximately 75 languages. The company's courses offer learning objectives, such as reskilling or upskilling in technology and business, and soft skills, as well as learners receive access to interactive learning tools comprising quizzes, exercises, and instructor questions-and-answers. Udemy, Inc. was incorporated in 2010 and is headquartered in San Francisco, California.

Udemy, Inc.

CorpU, A Udemy Company

Udemy Business

At Udemy, we’re on a mission to transform lives through learning. We’re a leading online skills marketplace and learning platform, serving more than 67 million learners and 15,000 organizations globally. Our goal is to provide flexible and effective skill development, empowering individuals and organizations to keep pace with innovation and prepare for the future of work.

We believe that talented people are everywhere, but oftentimes, those dream opportunities are hard to come by. That’s why we’re focused on revolutionizing learning, leveraging the deep expertise of Udemy’s 75,000 instructors and the power of our platform, to help individuals sharpen their skills and harness their full potential.

Udemy is headquartered in San Francisco with additional offices in Ankara and Istanbul, Türkiye; Austin, Texas; Denver, Colorado; Dublin, Ireland; Melbourne, Australia; and New Delhi, India.

Mindrock Capital

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Alexander Rugaev

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Changer Club

SharesPost Investment Management

Udemy

It’s never too late to learn something new and change your life. Take Alvin Lim. Weeks away from a Ph.D. in Clinical Psychology, he decided to make a bold career pivot and pursue his dream of founding a startup. It all began with one Udemy course.

Now insert Angela Yu: a surgeon turned Udemy instructor who taught Alvin how to code alongside her 2.5 million learners over her 7 years of teaching on Udemy.

They are both living proof of the power of learning and developing new skills. And today, they’re paying it forward, helping people connect – to new futures, themselves, and to one another.

Weekends are for learning at the University of Udemy 🫡

Now get to it!

Join us for a special event with WISE! 🌟

Through a day in the life with us, you'll learn about Udemy's: 

▪️ Commitment to Belonging, Equity, Diversity, and Inclusion (BEDI)
▪️ Online learning insights
▪️ Hiring focus

RSVP for the replay if you can't make it live ➡️ bit.ly/48pNJLs

#WISE #Hiring #LifeAtUdemy 

Throughout #BlackHistoryMonth, we're celebrating our Black Employee Network members' unique journeys with our "Black &" series showcasing their diverse layers of Black pride. Check out a handful of them ⬇️

#LifeAtUdemy #BHM

Attention Enterprise Customers 📣

Our new admin overview is here! 

Now you can turn #skills into your competitive advantage. How, you ask? 

Your personalized dashboard gives you actionable insights and prompts for learning to increase engagement among your teams.

Discover skills gaps and select priority skills to develop — all while measuring your organization against industry benchmarks.

Some feedback on the new experience so far:

🌟 "All the relevant information is shown upfront, and it’s very easy to identify and refer to."
🌟 "This helps new admins. It tells me how to use the page, shows the essentials, and preps me for the role."
🌟"It’s all the admin tools put together — everything you can manage is here with this tool.“

Not a customer, but want to see more? Get a #free demo ➡️ bit.ly/3uBAsla

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
net income	-69.70M -	-77.62M 11.36%	-77.53M 0.12%	-153.88M 98.48%	-107.29M 30.27%
depreciation and amortization	8.74M -	11.05M 26.49%	15.30M 38.37%	21.22M 38.69%	24.59M 15.89%
deferred income tax	700K -	234K 66.57%	326K 39.32%		4.12M -
stock based compensation	8.96M -	31.62M 252.76%	34.68M 9.68%	81.29M 134.41%	96.05M 18.15%
change in working capital	31.71M -	36.85M 16.21%	2.32M 93.71%	-51.73M 2,331.45%	-66.50M 28.57%
accounts receivables	-10.58M -	-19.63M 85.59%	-27M 37.53%	-32.31M 19.66%	10.31M 131.92%
inventory	1.39M -	2.67M 93.00%	-5.51M 306.13%
accounts payables	26.28M -	7.26M 72.39%	4.77M 34.23%	-28.62M 699.75%	-14.43M 49.58%
other working capital	14.63M -	46.55M 218.30%	30.06M 35.43%	9.20M 69.38%	-62.39M 777.82%
other non cash items	3.13M -	7.49M 138.94%	17.80M 137.79%	42.13M 136.69%	47.04M 11.65%
net cash provided by operating activities	-16.45M -	9.62M 158.49%	-7.10M 173.82%	-60.96M 758.07%	-2.00M 96.71%
investments in property plant and equipment	-11.12M -	-14.54M 30.72%	-18.20M 25.22%	-15.72M 13.62%	-13.07M 16.90%
acquisitions net	7.79M -		-24.49M -	-1.50M 93.88%	12.43M 928.93%
purchases of investments	-1.54M -		-10M -	-163.50M 1,535.03%	-307.71M 88.20%
sales maturities of investments	27.27M -		12.87M -	7.50M 41.72%	295.80M 3,844%
other investing activites	-7.79M -		-12.87M -		-12.43M -
net cash used for investing activites	14.61M -	-14.54M 199.49%	-52.69M 262.48%	-173.23M 228.75%	-24.97M 85.58%
debt repayment					-6.77M -
common stock issued	11.27M -	131.09M 1,063.72%	415.19M 216.71%	7.15M 98.28%	25.95M 263.06%
common stock repurchased
dividends paid
other financing activites	11.27M -	1 100.00%	3.45M 344,699,900%	7.61M 120.66%	8K 99.89%
net cash used provided by financing activities	11.27M -	131.09M 1,063.72%	418.63M 219.34%	14.76M 96.48%	19.20M 30.09%
effect of forex changes on cash				-25K -	20K 180%
net change in cash	9.42M -	126.18M 1,239.35%	358.84M 184.39%	-219.45M 161.16%	-4.79M 97.82%
cash at beginning of period	42.33M -	51.75M 22.26%	177.93M 243.82%	536.77M 201.67%	313.69M 41.56%
cash at end of period	51.75M -	177.93M 243.82%	536.77M 201.67%	317.31M 40.88%	308.89M 2.65%
operating cash flow	-16.45M -	9.62M 158.49%	-7.10M 173.82%	-60.96M 758.07%	-2.00M 96.71%
capital expenditure	-11.12M -	-14.54M 30.72%	-18.20M 25.22%	-15.72M 13.62%	-13.07M 16.90%
free cash flow	-27.58M -	-4.91M 82.18%	-25.31M 415.10%	-76.68M 203.00%	-15.07M 80.35%

COM:UDEMY

Udemy, Inc.

Last Close

7.55

22/11 21:00

Market Cap

1.24B

Beta: -

Volume Today

652.88K

Avg: -

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