-- 独立系調査会社CFRAは、に対し、以下の調査レポートを提供しました。CFRAのアナリストは、以下のように見解をまとめています。DUOLは第1四半期に堅調な業績を上げ、売上高は2億9,200万ドル、1株当たり利益（EPS）は前年同期の0.72ドルに対し0.89ドルとなりました。これは、購読料収入が31%増の2億5,100万ドル、広告収入が15%増の2,100万ドルとなったことが主な要因です。事業効率も著しく改善し、調整後EBITDAは33%増の8,340万ドル（EBITDAマージン28.6%、140ベーシスポイント増）となり、フリーキャッシュフローは1億4,780万ドルに達しました。同社のAIを活用したコンテンツ作成機能により、20,500コースユニットを公開しました。これは2025年の目標の約3倍にあたり、デイリーアクティブユーザー数（DAU）は21%増の5,650万人、有料会員数は1,250万人に増加しました。経営陣は、通期の予約額を12億8,000万ドル（前年比+10.5%）、売上高を12億ドル（前年比+16.1%）、調整後EBITDAを3億1,000万ドル（利益率25.7%）と目標としています。AIを活用した機能や、チェス、数学、音楽への事業拡大による勢いは継続すると予想されますが、AI機能の拡大に伴い、第4四半期までに粗利益率が71.0%から約69.0%に低下すると見込んでいます。DUOLの中期目標である2028年までにデイリーアクティブユーザー数1億人を達成するという目標は、ユーザーエンゲージメントの好調な推移とコンテンツ革新能力を考慮すると、依然として達成可能であると考えています。
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Research Alert: CFRA Maintains Hold Opinion On Shares Of Builders Firstsource, Inc.
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