Coursera,(US:COUR)2025-04-24 20:13Financial Performance - Coursera reported first quarter 2025 revenue of $179.3 million, a 6% increase from $169.1 million in Q1 2024[4] - The company achieved a net loss of $7.8 million, significantly improved from a net loss of $21.3 million in the same quarter last year, representing a 63% reduction[4] - Free Cash Flow for the quarter was $25.3 million, up 40% from $18.1 million in Q1 2024[4] - Adjusted EBITDA for the quarter was $18.7 million, a 125% increase from $8.3 million in Q1 2024[4] - Revenue for Q1 2025 was $179.3 million, a 6.5% increase from $169.1 million in Q1 2024[27] - Gross profit for Q1 2025 was $97.9 million, compared to $89.5 million in Q1 2024, reflecting an increase of 9.4%[27] - Non-GAAP net income for Q1 2025 was $19.7 million, up from $11.9 million in Q1 2024[32] - Adjusted EBITDA for Q1 2025 was $18.7 million, compared to $8.3 million in Q1 2024, indicating a strong improvement[32] - The company reported a net loss margin of (4.4)% for Q1 2025, improved from (12.6)% in Q1 2024[32] Learner Growth - Coursera welcomed a record 7.1 million new registered learners in Q1 2025, an increase from 6.6 million in Q1 2024[8] - The total number of registered learners reached 175.3 million, an 18% increase year-over-year[8] Future Outlook - The company updated its full year 2025 revenue expectations to a midpoint of $725 million following a solid first quarter performance[5] - The company plans to achieve an annual Adjusted EBITDA margin improvement of 100 basis points to 7.0% for the full year 2025[15] Customer Metrics - The net retention rate for paid enterprise customers decreased to 91% from 94% year-over-year[8] Asset Growth - Total current assets as of March 31, 2025, were $854.0 million, up from $830.7 million at the end of 2024[29] - Total assets increased to $951.2 million as of March 31, 2025, compared to $930.3 million at the end of 2024[29] - Total stockholders' equity rose to $610.5 million as of March 31, 2025, from $597.4 million at the end of 2024[29]