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Aditya Hadi Pratama
@adheet_ya
Business journalist at @jakpost | Tips: aditya.hadi@thejakartapost.com | former @techinasia
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Jun 30, 2021
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5 tweets
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3 min read
As a
@duolingo
user, i'm really excited of its upcoming IPO. So i decided to dig into the S-1 filing, and found several interesting things.
Here it is ...
The revenue growth is amazing. It's on pace to get $200+ million this year.
The gross margin is around 70%, because the only cost of revenue that it has to pay is the fee to App Store and Google Play.
#Duolingo