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Interesting company, but the P/S ratio you got is wrong because you used the quarterly sales instead of the annual one. So the valuation of the company is MUCH lower.
I feel it displays negligence, coupled with other factors mentioned like the API data breach, Duolingo might not be a product primed for growth (paid version atleast)
Interesting company, but the P/S ratio you got is wrong because you used the quarterly sales instead of the annual one. So the valuation of the company is MUCH lower.
Regarding your 1st point, don't you think that Duolingo can quickly fix the bug if a lot of users use it? It doesn't seem to me to be a big problem.
I feel it displays negligence, coupled with other factors mentioned like the API data breach, Duolingo might not be a product primed for growth (paid version atleast)
Great take guys!!