![]() ![]() Our user growth was strong in every region of the world. This is one example of the compounding effect of our product improvements. ![]() It's also impressive that it took us eight years to reach 1 million DAUs with a year-long streak and only 21 months to get from 1 million to 3 million. That means that more than 3 million people use Duolingo every single day for the last year or longer. What's even more impressive is that we now have over 3 million DAUs with a streak of over one year. ![]() 63% of our DAUs now have a streak of seven days or greater, which is up from 53% last year. This mechanic has proven to be an efficient tool for encouraging engagement and helping us grow DAUs. To remind you, a streak is the number of consecutive days that a user learns with our app. We have also seen the number of learners with long streaks grow immensely. Our DAU to MAU ratio, which is an indicator of user engagement, improved to 27% this past quarter, up from about 24% a year before. These metrics led 2022 to be our best year ever in terms of bookings and revenue, which grew 46% and 47%, respectively. We ended Q4 with 16.3 million DAUs, which is 62% year-over-year growth, and we ended 2022 with 4.2 million paying subscribers, which is 67% year-over-year growth. I'm pleased to report that we finished 2022 with a record quarter, achieving our highest-ever number of DAUs and subscribers. Thank you, Debbie, and welcome, everyone. Luis von Ahn - Co-Founder and Chief Executive Officer These non-GAAP measures are not intended to be considered in isolation from, or substitute for or superior to, our GAAP results.Īnd we encourage you to consider all measures when analyzing our performance. Additionally, we will present both GAAP and non-GAAP financial measures on today's call. ![]() These forward-looking statements are based on assumptions that we believe to be reasonable as of today, and we have no obligation to update these statements as a result of new information or future events. Some of these risks have been set forth in our risk factors of our filings with the SEC. ![]()
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