Udemy
Financials
Estimates*
| USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 430m | 518m | 629m | 729m | 780m | 841m | 923m |
| % growth | 56 % | 21 % | 21 % | 16 % | 7 % | 8 % | 10 % |
| EBITDA | (62.3m) | (60.1m) | (130m) | (68.3m) | 24.4m | 65.8m | 124m |
| % EBITDA margin | (14 %) | (12 %) | (21 %) | (9 %) | 3 % | 8 % | 13 % |
| Profit | (77.6m) | (77.5m) | (154m) | (107m) | (93.9m) | (51.4m) | 12.7m |
| % profit margin | (18 %) | (15 %) | (24 %) | (15 %) | (12 %) | (6 %) | 1 % |
| EV / revenue | - | 4.2x | 1.9x | 2.4x | 1.1x | 1.0x | 0.9x |
| EV / EBITDA | - | -36.2x | -9.0x | -26.0x | 35.8x | 12.6x | 6.4x |
| R&D budget | 50.6m | 66.1m | 105m | 120m | - | - | - |
| R&D % of revenue | 12 % | 13 % | 17 % | 17 % | - | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
$1.0m | Seed | ||
$3.0m | Series A | ||
$12.0m | Series B | ||
$32.0m | Series C | ||
$65.0m | Series D | ||
$60.0m | Series D | ||
N/A | Secondary | ||
$50.0m Valuation: $2.0b 7.2x EV/LTM Revenues -33.7x EV/LTM EBITDA | Series E | ||
$50.0m Valuation: $3.3b 11.8x EV/LTM Revenues -54.8x EV/LTM EBITDA | Series F | ||
$22.0m | Secondary | ||
N/A | Secondary | ||
| N/A | $421m Valuation: $3.7b 8.6x EV/LTM Revenues -59.4x EV/LTM EBITDA | IPO | |
| Total Funding | €248m | ||
Related Content
Recent News about Udemy
EditUdemy, accessible at udemy.com, is a prominent online learning and teaching marketplace that offers a vast array of courses across various subjects. With over 155,000 courses and 40 million students globally, Udemy serves a diverse clientele ranging from individuals seeking personal development to professionals aiming to enhance their skills. The platform covers a wide spectrum of topics including programming, marketing, data science, business, IT, design, and personal development.
Udemy operates in the e-learning market, which has seen significant growth due to the increasing demand for flexible and accessible education. The platform's business model is primarily based on a marketplace approach where instructors create and publish courses, and students purchase these courses. Udemy provides the infrastructure and tools for instructors to develop and deliver their content, while also handling marketing and customer support.
Revenue generation for Udemy comes from course sales. Courses are typically priced starting at $14.99, and Udemy takes a percentage of each sale. Additionally, the platform offers promotional deals and discounts to attract new students and retain existing ones. Instructors can also earn money through Udemy's affiliate marketing program, where they receive a commission for referring new students to the platform.
Udemy's target audience includes individuals looking to learn new skills, professionals seeking career advancement, and companies investing in employee training. The platform's flexibility allows learners to study at their own pace, making it an attractive option for those with busy schedules.
In summary, Udemy is a comprehensive online learning platform that connects instructors with students worldwide, offering a wide range of courses to meet various educational and professional needs. Its marketplace model and diverse course offerings position it as a leader in the e-learning industry.
Keywords: online learning, marketplace, courses, instructors, students, e-learning, flexible education, skill development, professional training, global platform.
