Udemy Q4 revenue up 25% to $138M; net loss widens to $38.9M; UB ARR hits $239M

Udemy, Inc.

2021-FY EPS reported -$1.46 revenue$515,657,000

GAAP net loss of $38.9M ($0.36 per share) vs $27.0M loss in Q4 2020.
Udemy Business revenue $57.8M (+81% YoY); Annual Recurring Revenue $239.3M (+74%).
Consumer revenue $80.2M (+3%); monthly average buyers 1,388K (+1%).
Full-year 2021 revenue $518.2M (+21%); GAAP net loss $77.5M vs $77.6M in 2020.
First Udemy Business deal with total contract value over $5M; UB customers 10,515 (+44%).

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