Duolingo
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Duolingo generated cash of $153,614,000, which is more than the previous year. Cash used in financing activities reached the amount of $2,135,000 last year. Net change in cash is therefore $142,165,000.
Cash Flow
| 2019 | 2.15M | 2.43M | 30.97M |
|---|---|---|---|
| 2020 | 17.70M | -4.01M | 46.95M |
| 2021 | 9.17M | -6.20M | 430.46M |
| 2022 | 53.65M | -14.17M | 14.77M |
| 2023 | 153.61M | -13.58M | 2.13M |
DUOL Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 608.18M | 553.92M | 120.49M | 59.84M | 24.29M |
Operating activities | |||||
Net income | 16.06M | -59.57M | -60.13M | -15.77M | -13.55M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 7.09M | 4.87M | 2.72M | 2.25M | 1.25M |
Stock-based compensation expense | 95.22M | 73.82M | 40.80M | 17.03M | 3.72M |
| Deferred income tax benefit | 95.22M | 73.82M | 40.80M | 17.03M | 3.72M |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 49.39M | -13.56M | -12.71M | -10.44M | -5.30M |
Inventories | 0 | 0 | -340K | 4.50M | 0 |
Accounts payable | 1.26M | -6.65M | 5.62M | -1.61M | 2.42M |
Cash generated by operating activities | 153.61M | 53.65M | 9.17M | 17.70M | 2.15M |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -3.19M | -5.56M | -6.20M | -4.01M | -3.77M |
Acquisitions Net | 0 | -4.05M | 0 | 0 | 0 |
Cash generated by investing activities | -13.58M | -14.17M | -6.20M | -4.01M | 2.43M |
Financing activities | |||||
Common Stock Issued | 0 | 0 | 426.19M | 2.02M | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | -868K | 0 | -168K |
Repayments of term debt | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | 2.13M | 14.77M | 430.46M | 46.95M | 30.97M |
Net Change In Cash | 142.16M | 54.25M | 433.43M | 60.64M | 35.55M |
Cash at end of period | 750.34M | 608.18M | 553.92M | 120.49M | 59.84M |
| Data source | Data source | Data source |