Duolingo(DUOL) - 2023 Q4 - Annual Results

shareholder letter Q4 / FY 2023 our mission is to develop the best education in the world and make it universally available. DUOLINGO Q4 / FY 2023 2 Q4 and FY23 Highlights User Metrics Q4 2022 Q4 2023 16.3M 26.9M Daily Active Users 65% YoY 60.7M 88.4M Monthly Active Users 46% YoY 4.2M 6.6M Paid Subscribers at period end 57% YoY 7.8% 8.3% Paid Subscriber Penetration as % of MAU* Financial Metrics Q4 2023 FY 2023 $151.0M $531.1M Revenue 45% YoY 44% YoY $191.0M $622.2M Total Bookings 51% YoY 45% YoY $12.1M $16 ...