Financial Data and Key Metrics Changes - For the full year 2025, the company reported revenue of $757 million, a 9% increase year-over-year, significantly higher than the initial 4% growth outlook shared in April [8] - The company generated record free cash flow of $78 million, up 32% from the prior year [8] - Adjusted EBITDA margin expanded by 240 basis points year-over-year to 8.4% [9][42] Business Line Data and Key Metrics Changes - Consumer revenue in Q4 was $132 million, up 12% year-over-year, driven by enhanced marketing and subscription capabilities [47] - Enterprise revenue was $65.4 million, up 5% from a year ago, with a net retention rate for paid Enterprise customers at 93% [53] - The total number of registered learners increased by 29 million, growing the cumulative learner base by 17% year-over-year [14] Market Data and Key Metrics Changes - The company added 6.8 million new learners in Q4, the highest fourth quarter additions in its history [14] - The demand for career-focused learning remains strong, particularly for AI-related skills, with learners enrolling in the generative AI catalog at a rate of 15 enrollments per minute [17] Company Strategy and Development Direction - The company announced a strategic agreement to combine with Udemy, aiming to enhance its ability to invest, innovate, and execute at scale [10] - The focus is on evolving from a content catalog to a leading technology platform for skills, addressing the global skilling and talent transformation opportunity [12] - The introduction of a Platform Fee is intended to support ongoing investment in AI-native capabilities and enhance platform value [30][32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to deliver growth and improve operational efficiency, despite the challenges posed by rapid technological changes [36] - The outlook for 2026 anticipates revenue growth of approximately 6%-8%, with consumer segment growth expected to exceed 10% [59][60] Other Important Information - The company ended 2025 with approximately $793 million in unrestricted cash and cash equivalents, with no debt, positioning it well for future investments [46] - The anticipated transaction with Udemy is expected to generate annual run rate cost synergies of $115 million within 24 months of closing [58] Q&A Session Summary Question: Can you provide more details on the Platform Fee structure and its expected impact on gross margins? - Management clarified that the Platform Fee is designed to enable ongoing investment in the platform and is expected to provide a meaningful uplift in gross margins in the second half of 2026 [70][75] Question: What areas will see increased investment in the 2026 budget? - The company plans to invest more in sales and marketing for learner acquisition and in R&D for product development [77][78] Question: How is the company leveraging proprietary datasets for competitive advantage? - The company utilizes data to map skills needed for career advancement to relevant courses, enhancing learner outcomes and engagement [82][88] Question: What are the expectations for international growth and translation efforts? - The company will continue to expand translated courses and geo-based pricing to better serve international learners [94][97] Question: What is the timeline for the Udemy merger and any potential regulatory hurdles? - Management indicated that the merger is progressing through regulatory filings, with a tentative timeline for completion in the second half of the year [111] Question: What are the main drivers for growth in the consumer segment? - The consumer segment is expected to grow due to increased subscription uptake and effective marketing strategies [120][123]

Financial Data and Key Metrics Changes - For the full year 2025, the company reported revenue of $757 million, a 9% increase year-over-year, exceeding the initial growth outlook of 4% [4][19] - The company generated record free cash flow of $78 million, up 32% from the previous year [4][23] - Adjusted EBITDA margin expanded by 240 basis points year-over-year to 8.4% [5][22] Business Line Data and Key Metrics Changes - Consumer revenue in Q4 was $132 million, up 12% year-over-year, driven by growth in consumer subscriptions and courses [24] - Enterprise revenue was $65.4 million, up 5% from a year ago, with a net retention rate for paid enterprise customers at 93% [27][31] - The total number of registered learners increased by 29 million, growing the cumulative learner base by 17% year-over-year [8][9] Market Data and Key Metrics Changes - The company added 6.8 million new learners in Q4, the highest fourth quarter additions in its history [8][25] - The demand for career-focused learning remains strong, particularly for AI-related skills, with learners enrolling in generative AI courses at a rate of 15 enrollments per minute [9][10] Company Strategy and Development Direction - The company announced a strategic agreement to combine with Udemy, aiming to enhance its ability to invest, innovate, and execute at scale [6][29] - The focus is on evolving from a content catalog to a leading technology platform for skills, addressing the global skilling and talent transformation opportunity [7][29] - The introduction of a platform fee is intended to support ongoing investment in AI-native capabilities and enhance platform value [16][17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's financial strength and growth potential, emphasizing the importance of adapting to rapidly changing skill requirements across industries [4][19] - The outlook for Q1 2026 anticipates revenue growth of 8%-10% year-over-year, with full-year revenue expected to be in the range of $805 million-$815 million [30][31] Other Important Information - The company ended 2025 with approximately $793 million in unrestricted cash and cash equivalents, with no debt [23] - The anticipated transaction with Udemy is expected to generate annual run rate cost synergies of $115 million within 24 months of closing [29] Q&A Session Summary Question: Can you provide more details on the Platform Fee introduced in January? - Management explained that the Platform Fee is designed to enable ongoing investment in the platform and improve outcomes for learners and content partners, with a meaningful uplift in gross margin expected in the second half of 2026 [36][38] Question: Where are incremental investments being made in the business for 2026? - The company plans to invest more in sales and marketing for learner acquisition and in R&D for software tools and engineering [40][41] Question: What proprietary datasets does the company have that create a competitive moat? - Management highlighted the unique mapping of skills to courses and modules, leveraging data to enhance learner engagement and skill mastery [44][46] Question: What are the plans for translation and geo-based pricing in 2026? - The company will continue expanding translated courses and is pleased with the results from geo-pricing, with plans to fine-tune pricing models based on purchasing power in different countries [54][56] Question: What is the timeline for the Udemy merger and any regulatory hurdles? - Management indicated that regulatory filings are progressing, with guidance suggesting a potential closing in the second half of the year, though timelines remain uncertain [66][68]

From reading an abaca to sharing with you my own version of a let me tell you something. When was the last time that you really wanted to learn something new. Not because your teacher asked you to or your immediate superior required you but because you really wanted to learn something new.Most of us we see getting our diploma as end of the line when it comes to learning. But let me tell you today it is not. It is only the beginning.Growing up I have seen how education changed the lives of the people around ...

5 Skills You Need If You Want To Earn More Without Changing JobsWhile changing jobs often comes with a substantial raise, you can also increase your salary and influence while staying in your current role by building high-value skills that make you more indispensable, more strategic and harder to replace. https://t.co/b2qy3e7jf9 ...

5 Skills You Need If You Want To Earn More Without Changing JobsWhile changing jobs often comes with a substantial raise, you can also increase your salary and influence while staying in your current role by building high-value skills that make you more indispensable, more strategic and harder to replace. https://t.co/iAEqelIYMO ...

Across industries, employers are looking for people who can collaborate with AI, not compete against it. For teens, this means developing skills that merge human creativity with machine capability. These are the skills that will set them apart, whether they pursue college, a startup or a side hustle. https://t.co/mhxf173YD4 ...

4 Skills You Can Build In December That Will Raise Your 2026 SalaryDecember is often seen as a slow month when work winds down, but it’s actually one of the best times to invest in yourself and get a head start on the new year.https://t.co/fidxZjsl7x(Photo: Getty Images) https://t.co/uYWR4BibgG ...

Skills & Employment - Employers across industries seek individuals who can collaborate with AI, not compete against it [1] - Developing skills that merge human creativity with machine capability is crucial for teens [1] - These skills will differentiate teens in college, startups, or side hustles [1]

Hei, halo. How are you. How are you doing.Good. Good. Great.At Indonesia usually we always have eh this kind ya. How are you doing. And then they will answer with the eh dahsyat luar biasa.and yes three times and anyway alright eh so let's discuss our topic for today session let me try my slides here oke so for those of all of you here who don't know me yet my name is Okiibarus I am from Medan of you been from Medan no one only one person minority ya alright then ok just in case you come to Medan usually th ...

Skills & Employment Trends - Employers across industries are seeking individuals who can collaborate with AI [1] - Developing skills that combine human creativity with machine capabilities is crucial for teens [1] - These skills will differentiate teens regardless of their future paths (college, startup, or side hustle) [1]