COURSERA Reports Positive Financial Results for Q2 2023

August 16, 2023

☀️Earnings Overview

On July 27 2023, COURSERA ($NYSE:COUR) announced their financial results for the second quarter of fiscal year 2023, which ended on June 30 2023. The reported total revenue for the quarter was USD 153.7 million, a 23.2% rise from the same quarter last year. However, the net income decreased from -49.3 million in the previous year to -31.7 million.

Stock Price

On Thursday, COURSERA reported positive financial results for the second quarter of 2023. This news caused the stock to open at $13.4 and close at $13.0, which is a 2.3% decrease from its previous closing price of 13.3. This decrease in stock price is due to the market reaction to the news of their financial report. This increase is attributed to the rise in demand for their online courses and education programs. Such positive financial results are a testament to the company’s continued success in the online education sector.

Overall, COURSERA showed strong financial results for the second quarter of 2023. They maintained a steady level of revenue and earnings growth which will help them continue to compete in the online education sector. Investors should be encouraged by this news and optimism should remain high for the future of COURSERA. Live Quote…

About the Company

  • COURSERA_Reports_Positive_Financial_Results_for_Q2_2023″>Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Coursera. More…

    Total Revenues Net Income Net Margin
    579.91 -151.86 -25.7%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Coursera. More…

    Operations Investing Financing
    -2.33 44.08 -59.28
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Coursera. More…

    Total Assets Total Liabilities Book Value Per Share
    918.71 292.23 4.16
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Coursera are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    41.6% -28.5%
    FCF Margin ROE ROA
    -2.9% -15.8% -11.3%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    At GoodWhale, we conducted an analysis of COURSERA‘s wellbeing and the results are quite interesting. According to our Star Chart, COURSERA has an intermediate health score of 6/10, meaning it may be able to safely ride out any crisis without the risk of bankruptcy. We also classified COURSERA as a ‘cheetah’ type company. This means that the company has achieved high revenue or earnings growth, but is considered less stable due to lower profitability. For investors interested in this type of company, COURSERA stands strong in terms of assets and growth, but weak on dividends and profitability. Its current health score suggests that the company can weather any storm, but it would be wise for potential investors to consider the risks involved before committing to an investment. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis




  • Peers

    There is fierce competition between Coursera Inc and its competitors: Upstryve Inc, Ace Edulink Co Ltd, Udemy Inc. All of these companies are vying for a piece of the online education market. Coursera Inc has a strong foothold in the market, but its competitors are quickly catching up.

    – Upstryve Inc ($OTCPK:PBYA)

    Upstryve Inc is a publicly traded company with a market capitalization of 11.06k as of 2022. The company has a return on equity of 36.44%. Upstryve Inc is a provider of online marketing and advertising services. The company offers a range of services, including search engine optimization, pay per click management, and social media marketing.

    – Ace Edulink Co Ltd ($TPEX:6764)

    Ace Edulink Co Ltd is a leading provider of online education services. The company has a market capitalization of 1.39 billion as of 2022 and a return on equity of 16.58%. Ace Edulink offers a wide range of online courses and programs that cater to the needs of learners of all ages and levels. The company’s mission is to provide quality education that is accessible and affordable for all.

    – Udemy Inc ($NASDAQ:UDMY)

    Udemy is an online learning platform aimed at professional adults and students. The company has a market cap of $2.04 billion and a ROE of -17.26%. Udemy offers a variety of courses in a variety of subjects, such as business, design, development, marketing, and more. The company has over 30 million students and 57,000 instructors worldwide.

    Summary

    Investors should take note of COURSERA‘s second quarter fiscal results for 2023, ending June 30th. The company reported total revenue of USD 153.7 million, which is a 23.2% increase from the same period in the previous year. Despite this, net income was USD -31.7 million, a decrease from the previous year’s figure of -49.3 million. This indicates a mixed sentiment with regards to the company’s financial performance, and potential investors should take this into account when considering an investment in COURSERA.

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