Duolingo Q4 revenue up 51% to $73M, net loss widens to $17.5M; guides FY2022 revenue $332-342M

Duolingo, Inc.

Q4 2021 revenue $73.0M (+51% YoY); full year revenue $250.8M (+55% YoY).
Q4 net loss $17.5M vs. $10.4M a year ago; full year net loss $60.1M vs. $15.8M.
Q4 adjusted EBITDA $0.3M (vs. $2.9M); full year adjusted EBITDA loss $1.1M (vs. +$3.6M).
Paid subscribers reached 2.5M (+56% YoY); DAUs up 20% to 10.1M; MAUs up 15% to 42.4M.
FY2022 guidance: revenue $332-342M; bookings $372-382M; adjusted EBITDA loss $1-5M.

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