Udemy(US:UDMY)2022-02-10 02:26Financial Performance - Udemy's 2021 revenue reached $518 million, a 21% year-over-year increase[11] - Q4 2021 revenue was $138 million, representing a 25% year-over-year growth[77] - Udemy Business Q4 2021 revenue grew by 81% year-over-year to $57.8 million[80] - Udemy Business ARR (Annual Recurring Revenue) in Q4 2021 was $239.3 million, a 74% year-over-year increase[11, 83, 84] - Consumer revenue in Q4 2021 saw a positive growth of 3% year-over-year, reaching $80.2 million[92] Platform and Content - The platform boasts 49 million learners globally[11] - Udemy offers 185,000 courses from over 64,000 instructors[11] - Instructors received $177 million in payments during 2021[11, 41] Udemy Business - Udemy Business served over 10,500 customers in Q4 2021, a 44% year-over-year increase[11] - Udemy Business achieved a Net Dollar Retention Rate of 118%[85] Global Reach - Over 60% of Udemy's revenue is generated outside North America[51, 99]