Aurora Mobile Limited (“Aurora Mobile” or the “Company”) (NASDAQ:
JG), a leading provider of customer engagement and marketing
technology services in China, today announced its unaudited
financial results for the second quarter ended June 30, 2024.
Second Quarter 2024 Financial Highlights
-
Revenues were RMB79.4 million (US$10.9 million),
an increase of 8% year-over-year.
-
Cost of revenues was RMB26.7 million (US$3.7
million), an increase of 4% year-over-year.
-
Gross profit was RMB52.8 million (US$7.3 million),
an increase of 11% year-over-year.
-
Total operating expenses were RMB54.8 million
(US$7.5 million), a decrease of 15% year-over-year.
-
Net loss was RMB1.3 million (US$0.2 million),
compared with a net loss of RMB23.7 million for the same quarter
last year.
-
Net loss attributable to Aurora Mobile Limited’s
shareholders was RMB1.0 million (US$0.1 million), compared
with a net loss attributable to Aurora Mobile Limited’s
shareholders of RMB23.0 million for the same quarter last
year.
-
Adjusted net loss (non-GAAP) was RMB0.4 million
(US$54 thousand), compared with a RMB8.9 million adjusted net loss
for the same quarter last year.
-
Adjusted EBITDA (non-GAAP) was at positive RMB1.6
million (US$0.2 million), compared with a negative RMB4.6 million
for the same quarter last year.
Mr. Weidong Luo, Chairman and Chief Executive
Officer of Aurora Mobile, commented, “The appropriate description
for the performance of this quarter is “Riding on the Great Growth
Momentum”. The reasons for this description are as follows:
- Firstly,
continuing the great Q1’2024 momentum, we recorded the 4th
consecutive positive Adjusted EBITDA in this quarter. This is an
historical achievement for us since IPO in 2018.
- Secondly,
Developer Subscription revenue recorded both a 14% growth
quarter-over-quarter and a 19% growth year-over-year.
- Thirdly, our
gross profit recorded good growth for both year-over-year and
quarter-over-quarter.
- Fourthly, our
net loss has narrowed by 50% quarter-over-quarter and 95%
year-over-year.”
Mr. Shan-Nen Bong, Chief Financial Officer of
Aurora Mobile, added, “We have had a great quarter. Our total group
revenue grew both quarter-over-quarter and year-over-year with 23%
and 8%, respectively. Subscription Services revenues of RMB48.1
million were showing great growth where it grew by 14%
quarter-over-quarter and 19% year-over-year, driven by growth in
EngageLab business and improvement in ARPU. Value-added services
revenues increased by 245% quarter-over-quarter which was due to
the 6/18 online shopping festival in Q2 where online advertisers
have increased their ads spending. Overall Vertical applications
revenues had recorded a great quarter where revenue grew by 16%
quarter-over-quarter and 8% year-over-year. This was driven by
Financial Risk Management where its revenue grew by 28%
quarter-over-quarter and 34% year-over-year fueled by a strong 30%
customer number growth.
With strong and solid revenue growth while
maintaining optimal level of operating expenses, for the quarter
ended June 30, 2024, we recorded yet another positive Adjusted
EBITDA. This is an historical event where we now have 4 consecutive
quarters of positive Adjusted EBITDA.”
Second Quarter 2024 Financial
Results
Revenues were RMB79.4 million
(US$10.9 million), an increase of 8% from RMB73.3 million in the
same quarter of last year, attributable to an 8% increase in
revenue from both Developer Services and Vertical Applications.
Cost of revenues was RMB26.7
million (US$3.7 million), an increase of 4% from RMB25.6 million in
the same quarter of last year. The increase was mainly due to a
RMB2.1 million increase in short messaging cost and a RMB0.9
million increase in other direct costs, and offset by a RMB2.4
million decrease in media cost.
Gross profit was RMB52.8
million (US$7.3 million), an increase of 11% from RMB47.7 million
in the same quarter of last year.
Total operating expenses were
RMB54.8 million (US$7.5 million), a decrease of 15% from RMB64.1
million in the same quarter of last year.
- Research
and development expenses were RMB23.7 million (US$3.3
million), a decrease of 22% from RMB30.2 million in the same
quarter of last year, mainly due to a RMB4.2 million decrease in
personnel costs, a RMB3.4 million decrease in bandwidth cost, and a
RMB1.8 million decrease in depreciation expense. The impact is
partially offset by a RMB4.0 million increase in cloud cost.
- Sales
and marketing expenses were RMB20.5 million (US$2.8
million), an increase of 2% from RMB20.0 million in the same
quarter of last year, mainly due to a RMB0.3 million increase in
personnel costs.
- General
and administrative expenses were RMB10.7 million (US$1.5
million), a decrease of 23% from RMB13.9 million in the same
quarter of last year, mainly due to a RMB3.3 million decrease in
personnel costs.
Loss from operations was RMB1.0
million (US$0.1 million), compared with RMB14.8 million in the same
quarter of last year.
Net Loss was RMB1.3 million
(US$0.2 million), compared with RMB23.7 million in the same quarter
of last year.
Adjusted net loss (non-GAAP)
was RMB0.4 million (US$54 thousand), compared with RMB8.9 million
in the same quarter of last year.
Adjusted EBITDA (non-GAAP) was
at positive RMB1.6 million (US$0.2 million) compared with a
negative RMB4.6 million for the same quarter of last year.
The cash and cash equivalents and restricted
cash were RMB92.7 million (US$12.8 million) as of June 30, 2024
compared with RMB115.0 million as of December 31, 2023.
Update on Share Repurchase
As of June 30, 2024, the Company had repurchased
a total of 216,643 ADS, of which 11,626 ADSs, or around
US$36.1 thousand were repurchased during the second quarter in
2024.
Conference Call
The Company will host an earnings conference
call on Thursday, August 29, 2024 at 7:30 a.m. U.S. Eastern Time
(7:30 p.m. Beijing time on the same day).
All participants must register in advance to
join the conference using the link provided below. Please dial in
15 minutes before the call is scheduled to begin. Conference access
information will be provided upon registration.
Participant Online Registration:
https://register.vevent.com/register/BIdc3f18de42e247d3a31f621244e171b9
A live and archived webcast of the conference
call will be available on the Investor Relations section of Aurora
Mobile’s website at https://ir.jiguang.cn/.
Use of Non-GAAP Financial Measures
In evaluating the business, the Company
considers and uses two non-GAAP measures, adjusted net loss and
adjusted EBITDA, as a supplemental measure to review and assess its
operating performance. The presentation of these non-GAAP financial
measures is not intended to be considered in isolation or as a
substitute for the financial information prepared and presented in
accordance with U.S. GAAP. The Company defines adjusted net loss as
net loss excluding share-based compensation, reduction in force
charges and impairment of long-term investments. The Company
defines adjusted EBITDA as net loss excluding interest expense,
depreciation of property and equipment, amortization of intangible
assets, amortization of land use right, income tax
expenses/(benefits), share-based compensation, reduction in force
charges and impairment of long-term investments.
The Company believes that adjusted net loss and
adjusted EBITDA help identify underlying trends in its business
that could otherwise be distorted by the effect of certain expenses
that it includes in loss from operations and net loss.
The Company believes that adjusted net loss and
adjusted EBITDA provide useful information about its operating
results, enhance the overall understanding of its past performance
and future prospects and allow for greater visibility with respect
to key metrics used by the management in their financial and
operational decision-making.
The non-GAAP financial measures are not defined
under U.S. GAAP and are not presented in accordance with U.S. GAAP.
The non-GAAP financial measures have limitations as analytical
tools. One of the key limitations of using adjusted net loss and
adjusted EBITDA is that they do not reflect all items of income and
expense that affect the Company’s operations. Further, the non-GAAP
financial measures may differ from the non-GAAP information used by
other companies, including peer companies, and therefore their
comparability may be limited.
The Company compensates for these limitations by
reconciling the non-GAAP financial measures to the nearest U.S.
GAAP performance measure, all of which should be considered when
evaluating the Company’s performance. The Company encourages you to
review its financial information in its entirety and not rely on a
single financial measure.
Reconciliations of the non-GAAP financial
measures to the most comparable U.S. GAAP measure are included at
the end of this press release.
Safe Harbor Statement
This announcement contains forward-looking
statements. These statements are made under the “safe harbor”
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as “will,” “expects,” “anticipates,” “future,”
“intends,” “plans,” “believes,” “estimates,” “confident” and
similar statements. Among other things, the Business Outlook and
quotations from management in this announcement, as well as Aurora
Mobile’s strategic and operational plans, contain forward-looking
statements. Aurora Mobile may also make written or oral
forward-looking statements in its reports to the U.S. Securities
and Exchange Commission, in its annual report to shareholders, in
press releases and other written materials and in oral statements
made by its officers, directors or employees to third parties.
Statements that are not historical facts, including but not limited
to statements about Aurora Mobile’s beliefs and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. A number of factors could cause
actual results to differ materially from those contained in any
forward-looking statement, including but not limited to the
following: Aurora Mobile’s strategies; Aurora Mobile’s future
business development, financial condition and results of
operations; Aurora Mobile’s ability to attract and retain
customers; its ability to develop and effectively market data
solutions, and penetrate the existing market for developer
services; its ability to transition to the new advertising-driven
SAAS business model; its ability to maintain or enhance its brand;
the competition with current or future competitors; its ability to
continue to gain access to mobile data in the future; the laws and
regulations relating to data privacy and protection; general
economic and business conditions globally and in China and
assumptions underlying or related to any of the foregoing. Further
information regarding these and other risks is included in the
Company’s filings with the Securities and Exchange Commission. All
information provided in this press release and in the attachments
is as of the date of the press release, and Aurora Mobile
undertakes no duty to update such information, except as required
under applicable law.
About Aurora Mobile Limited
Founded in 2011, Aurora Mobile is a leading
provider of customer engagement and marketing technology services
in China. Since its inception, Aurora Mobile has focused on
providing stable and efficient messaging services to enterprises
and has grown to be a leading mobile messaging service provider
with its first-mover advantage. With the increasing demand for
customer reach and marketing growth, Aurora Mobile has developed
forward-looking solutions such as Cloud Messaging and Cloud
Marketing to help enterprises achieve omnichannel customer reach
and interaction, as well as artificial intelligence and big
data-driven marketing technology solutions to help enterprises'
digital transformation.
For more information, please visit https://ir.jiguang.cn/.
For investor and media inquiries,
please contact:
Aurora Mobile
Limitedir@jiguang.cn
ChristensenIn ChinaMs. Xiaoyan
SuPhone: +86-10-5900-1548E-mail:
Xiaoyan.Su@christensencomms.com
In U.S.Ms. Linda BergkampPhone:
+1-480-614-3004Email: linda.bergkamp@christensencomms.com
Footnote:
This announcement contains translations of
certain RMB amounts into U.S. dollars at specified rates solely for
the convenience of the reader. Unless otherwise noted, all
translations from RMB to U.S. dollars are made at a rate of
RMB7.2672 to US$1.00, the exchange rate set forth in the H.10
statistical release of the Board of Governors of the Federal
Reserve System as of June 28, 2024.
AURORA MOBILE LIMITED |
UNAUDITED INTERIM CONDENSED CONSOLIDATED INCOME
STATEMENTS |
(Amounts in thousands of Renminbi (“RMB”) and US dollars
(“US$”), except for number of shares and per share
data) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended |
|
Six months ended |
|
|
June 30, 2023 |
|
March 31, 2024 |
|
June 30, 2024 |
|
June 30, 2023 |
|
June 30, 2024 |
|
|
RMB |
|
RMB |
|
RMB |
|
US$ |
|
RMB |
|
RMB |
|
US$ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues |
|
|
73,331 |
|
|
|
64,524 |
|
|
|
79,441 |
|
|
|
10,931 |
|
|
|
138,764 |
|
|
|
143,965 |
|
|
|
19,810 |
|
Cost of revenues |
|
|
(25,620 |
) |
|
|
(18,152 |
) |
|
|
(26,670 |
) |
|
|
(3,670 |
) |
|
|
(45,061 |
) |
|
|
(44,822 |
) |
|
|
(6,168 |
) |
Gross profit |
|
|
47,711 |
|
|
|
46,372 |
|
|
|
52,771 |
|
|
|
7,261 |
|
|
|
93,703 |
|
|
|
99,143 |
|
|
|
13,642 |
|
Operating expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Research and development |
|
|
(30,243 |
) |
|
|
(22,681 |
) |
|
|
(23,652 |
) |
|
|
(3,255 |
) |
|
|
(61,924 |
) |
|
|
(46,333 |
) |
|
|
(6,376 |
) |
Sales and marketing |
|
|
(20,009 |
) |
|
|
(17,391 |
) |
|
|
(20,478 |
) |
|
|
(2,818 |
) |
|
|
(38,899 |
) |
|
|
(37,869 |
) |
|
|
(5,211 |
) |
General and administrative |
|
|
(13,873 |
) |
|
|
(12,932 |
) |
|
|
(10,677 |
) |
|
|
(1,469 |
) |
|
|
(28,146 |
) |
|
|
(23,609 |
) |
|
|
(3,249 |
) |
Total operating expenses |
|
|
(64,125 |
) |
|
|
(53,004 |
) |
|
|
(54,807 |
) |
|
|
(7,542 |
) |
|
|
(128,969 |
) |
|
|
(107,811 |
) |
|
|
(14,836 |
) |
Other operating income(1) |
|
|
1,572 |
|
|
|
1,579 |
|
|
|
1,055 |
|
|
|
145 |
|
|
|
4,329 |
|
|
|
2,634 |
|
|
|
362 |
|
Loss from operations |
|
|
(14,842 |
) |
|
|
(5,053 |
) |
|
|
(981 |
) |
|
|
(136 |
) |
|
|
(30,937 |
) |
|
|
(6,034 |
) |
|
|
(832 |
) |
Foreign exchange (loss)/gain, net |
|
|
(118 |
) |
|
|
(23 |
) |
|
|
12 |
|
|
|
2 |
|
|
|
(93 |
) |
|
|
(11 |
) |
|
|
(2 |
) |
Interest income |
|
|
354 |
|
|
|
2,187 |
|
|
|
195 |
|
|
|
27 |
|
|
|
684 |
|
|
|
2,382 |
|
|
|
328 |
|
Interest expenses |
|
|
(218 |
) |
|
|
(6 |
) |
|
|
(42 |
) |
|
|
(6 |
) |
|
|
(441 |
) |
|
|
(48 |
) |
|
|
(7 |
) |
Other (loss)/income |
|
|
(9,086 |
) |
|
|
15 |
|
|
|
(20 |
) |
|
|
(3 |
) |
|
|
(8,527 |
) |
|
|
(5 |
) |
|
|
(1 |
) |
Change in fair value of structured deposits |
|
|
- |
|
|
|
23 |
|
|
|
15 |
|
|
|
2 |
|
|
|
13 |
|
|
|
38 |
|
|
|
5 |
|
Loss before income taxes |
|
|
(23,910 |
) |
|
|
(2,857 |
) |
|
|
(821 |
) |
|
|
(114 |
) |
|
|
(39,301 |
) |
|
|
(3,678 |
) |
|
|
(509 |
) |
Income tax benefits/(expenses) |
|
|
179 |
|
|
|
244 |
|
|
|
(483 |
) |
|
|
(66 |
) |
|
|
329 |
|
|
|
(239 |
) |
|
|
(33 |
) |
Net loss |
|
|
(23,731 |
) |
|
|
(2,613 |
) |
|
|
(1,304 |
) |
|
|
(180 |
) |
|
|
(38,972 |
) |
|
|
(3,917 |
) |
|
|
(542 |
) |
Less: net loss attributable to noncontrolling interests and
redeemable noncontrolling interests |
|
|
(715 |
) |
|
|
(214 |
) |
|
|
(304 |
) |
|
|
(42 |
) |
|
|
(890 |
) |
|
|
(518 |
) |
|
|
(71 |
) |
Net loss attributable to Aurora Mobile Limited’s
shareholders |
|
|
(23,016 |
) |
|
|
(2,399 |
) |
|
|
(1,000 |
) |
|
|
(138 |
) |
|
|
(38,082 |
) |
|
|
(3,399 |
) |
|
|
(471 |
) |
Net loss per share, for Class A and Class B common
shares: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class A and B Common Shares - basic and diluted |
|
|
(0.29 |
) |
|
|
(0.03 |
) |
|
|
(0.01 |
) |
|
|
(0.00 |
) |
|
|
(0.48 |
) |
|
|
(0.04 |
) |
|
|
(0.01 |
) |
Shares used in net loss per share
computation: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class A Common Shares - basic and diluted |
|
|
62,943,573 |
|
|
|
62,687,345 |
|
|
|
62,603,736 |
|
|
|
62,603,736 |
|
|
|
62,855,277 |
|
|
|
62,645,540 |
|
|
|
62,645,540 |
|
Class B Common Shares - basic and diluted |
|
|
17,000,189 |
|
|
|
17,000,189 |
|
|
|
17,000,189 |
|
|
|
17,000,189 |
|
|
|
17,000,189 |
|
|
|
17,000,189 |
|
|
|
17,000,189 |
|
Other comprehensive income |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Foreign currency translation adjustments |
|
|
2,787 |
|
|
|
78 |
|
|
|
208 |
|
|
|
29 |
|
|
|
1,983 |
|
|
|
286 |
|
|
|
39 |
|
Total other comprehensive income, net of tax |
|
|
2,787 |
|
|
|
78 |
|
|
|
208 |
|
|
|
29 |
|
|
|
1,983 |
|
|
|
286 |
|
|
|
39 |
|
Total comprehensive loss |
|
|
(20,944 |
) |
|
|
(2,535 |
) |
|
|
(1,096 |
) |
|
|
(151 |
) |
|
|
(36,989 |
) |
|
|
(3,631 |
) |
|
|
(503 |
) |
Less: comprehensive loss attributable to noncontrolling interests
and redeemable noncontrolling interests |
|
|
(715 |
) |
|
|
(214 |
) |
|
|
(304 |
) |
|
|
(42 |
) |
|
|
(890 |
) |
|
|
(518 |
) |
|
|
(71 |
) |
Comprehensive loss attributable to Aurora Mobile Limited’s
shareholders |
|
|
(20,229 |
) |
|
|
(2,321 |
) |
|
|
(792 |
) |
|
|
(109 |
) |
|
|
(36,099 |
) |
|
|
(3,113 |
) |
|
|
(432 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) Beginning on January 1, 2024 we classified the government
grants that are operating in nature as other operating income.
Comparative figures were reclassified to conform to this
presentation. |
|
|
AURORA MOBILE LIMITED |
UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE
SHEETS |
(Amounts in thousands of Renminbi (“RMB”) and US dollars
(“US$”)) |
|
|
|
|
|
|
|
|
|
As of |
|
|
December 31, 2023 |
|
June 30, 2024 |
|
|
RMB |
|
RMB |
|
US$ |
ASSETS |
|
|
|
|
|
|
Current assets: |
|
|
|
|
|
|
Cash and cash equivalents |
|
|
114,521 |
|
|
|
92,178 |
|
|
|
12,684 |
|
Restricted cash |
|
|
486 |
|
|
|
505 |
|
|
|
69 |
|
Accounts receivable |
|
|
34,344 |
|
|
|
43,132 |
|
|
|
5,935 |
|
Prepayments and other current assets |
|
|
20,225 |
|
|
|
20,796 |
|
|
|
2,863 |
|
Total current assets |
|
|
169,576 |
|
|
|
156,611 |
|
|
|
21,551 |
|
Non-current assets: |
|
|
|
|
|
|
Long-term investments |
|
|
112,912 |
|
|
|
113,160 |
|
|
|
15,571 |
|
Property and equipment, net |
|
|
1,433 |
|
|
|
1,061 |
|
|
|
146 |
|
Operating lease right-of-use assets |
|
|
4,081 |
|
|
|
3,550 |
|
|
|
488 |
|
Intangible assets, net |
|
|
17,941 |
|
|
|
15,801 |
|
|
|
2,174 |
|
Goodwill |
|
|
37,785 |
|
|
|
37,785 |
|
|
|
5,199 |
|
Deferred tax assets |
|
|
1,072 |
|
|
|
580 |
|
|
|
80 |
|
Other non-current assets |
|
|
5,387 |
|
|
|
6,517 |
|
|
|
898 |
|
Total non-current assets |
|
|
180,611 |
|
|
|
178,454 |
|
|
|
24,556 |
|
Total assets |
|
|
350,187 |
|
|
|
335,065 |
|
|
|
46,107 |
|
LIABILITIES AND SHAREHOLDERS’ EQUITY |
|
|
|
|
|
|
Current liabilities: |
|
|
|
|
|
|
Short-term loan |
|
|
- |
|
|
|
3,000 |
|
|
|
413 |
|
Accounts payable |
|
|
21,073 |
|
|
|
26,639 |
|
|
|
3,666 |
|
Deferred revenue and customer deposits |
|
|
141,518 |
|
|
|
135,137 |
|
|
|
18,595 |
|
Operating lease liabilities |
|
|
4,007 |
|
|
|
2,767 |
|
|
|
381 |
|
Accrued liabilities and other current liabilities |
|
|
74,682 |
|
|
|
60,694 |
|
|
|
8,352 |
|
Total current liabilities |
|
|
241,280 |
|
|
|
228,237 |
|
|
|
31,407 |
|
Non-current liabilities: |
|
|
|
|
|
|
Operating lease liabilities |
|
|
629 |
|
|
|
1,004 |
|
|
|
138 |
|
Deferred tax liabilities |
|
|
3,994 |
|
|
|
3,643 |
|
|
|
501 |
|
Other non-current liabilities |
|
|
563 |
|
|
|
567 |
|
|
|
78 |
|
Total non-current liabilities |
|
|
5,186 |
|
|
|
5,214 |
|
|
|
717 |
|
Total liabilities |
|
|
246,466 |
|
|
|
233,451 |
|
|
|
32,124 |
|
Shareholders’ equity: |
|
|
|
|
|
|
Common shares |
|
|
50 |
|
|
|
50 |
|
|
|
7 |
|
Treasury shares |
|
|
(2,453 |
) |
|
|
(835 |
) |
|
|
(115 |
) |
Additional paid-in capital |
|
|
1,045,397 |
|
|
|
1,045,303 |
|
|
|
143,838 |
|
Accumulated deficit |
|
|
(988,669 |
) |
|
|
(992,068 |
) |
|
|
(136,513 |
) |
Accumulated other comprehensive income |
|
|
19,223 |
|
|
|
19,509 |
|
|
|
2,685 |
|
Total Aurora Mobile Limited’s shareholders’
equity |
|
|
73,548 |
|
|
|
71,959 |
|
|
|
9,902 |
|
Noncontrolling interests |
|
|
30,173 |
|
|
|
29,655 |
|
|
|
4,081 |
|
Total shareholders’ equity |
|
|
103,721 |
|
|
|
101,614 |
|
|
|
13,983 |
|
Total liabilities and shareholders’ equity |
|
|
350,187 |
|
|
|
335,065 |
|
|
|
46,107 |
|
|
|
|
|
|
|
|
AURORA MOBILE LIMITED |
RECONCILIATION OF GAAP AND NON-GAAP RESULTS |
(Amounts in thousands of Renminbi (“RMB”) and US dollars
(“US$”)) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended |
|
Six months ended |
|
|
June 30, 2023 |
|
March 31,2024 |
|
June 30, 2024 |
|
June 30, 2023 |
|
June 30, 2024 |
|
|
RMB |
|
RMB |
|
RMB |
|
US$ |
|
RMB |
|
RMB |
|
US$ |
Reconciliation of Net Loss to Adjusted Net
Loss: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net loss |
|
|
(23,731 |
) |
|
|
(2,613 |
) |
|
|
(1,304 |
) |
|
|
(180 |
) |
|
|
(38,972 |
) |
|
|
(3,917 |
) |
|
|
(542 |
) |
Add: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share-based compensation |
|
|
4,168 |
|
|
|
1,268 |
|
|
|
913 |
|
|
|
126 |
|
|
|
7,206 |
|
|
|
2,181 |
|
|
|
300 |
|
Reduction in force charges |
|
|
1,051 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
1,739 |
|
|
|
- |
|
|
|
- |
|
Impairment of long-term investment |
|
|
9,660 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
9,660 |
|
|
|
- |
|
|
|
- |
|
Adjusted net loss |
|
|
(8,852 |
) |
|
|
(1,345 |
) |
|
|
(391 |
) |
|
|
(54 |
) |
|
|
(20,367 |
) |
|
|
(1,736 |
) |
|
|
(242 |
) |
Reconciliation of Net Loss to Adjusted
EBITDA: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net loss |
|
|
(23,731 |
) |
|
|
(2,613 |
) |
|
|
(1,304 |
) |
|
|
(180 |
) |
|
|
(38,972 |
) |
|
|
(3,917 |
) |
|
|
(542 |
) |
Add: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax (benefits)/expenses |
|
|
(179 |
) |
|
|
(244 |
) |
|
|
483 |
|
|
|
66 |
|
|
|
(329 |
) |
|
|
239 |
|
|
|
33 |
|
Interest expenses |
|
|
218 |
|
|
|
6 |
|
|
|
42 |
|
|
|
6 |
|
|
|
441 |
|
|
|
48 |
|
|
|
7 |
|
Depreciation of property and equipment |
|
|
1,799 |
|
|
|
380 |
|
|
|
371 |
|
|
|
51 |
|
|
|
3,985 |
|
|
|
751 |
|
|
|
103 |
|
Amortization of intangible assets |
|
|
1,589 |
|
|
|
1,369 |
|
|
|
1,115 |
|
|
|
153 |
|
|
|
3,195 |
|
|
|
2,484 |
|
|
|
342 |
|
Amortization of land use right |
|
|
811 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
994 |
|
|
|
- |
|
|
|
- |
|
EBITDA |
|
|
(19,493 |
) |
|
|
(1,102 |
) |
|
|
707 |
|
|
|
96 |
|
|
|
(30,686 |
) |
|
|
(395 |
) |
|
|
(57 |
) |
Add: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share-based compensation |
|
|
4,168 |
|
|
|
1,268 |
|
|
|
913 |
|
|
|
126 |
|
|
|
7,206 |
|
|
|
2,181 |
|
|
|
300 |
|
Reduction in force charges |
|
|
1,051 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
1,739 |
|
|
|
- |
|
|
|
- |
|
Impairment of long-term investment |
|
|
9,660 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
9,660 |
|
|
|
- |
|
|
|
- |
|
Adjusted EBITDA |
|
|
(4,614 |
) |
|
|
166 |
|
|
|
1,620 |
|
|
|
222 |
|
|
|
(12,081 |
) |
|
|
1,786 |
|
|
|
243 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AURORA MOBILE LIMITED |
UNAUDITED SAAS BUSINESSES REVENUE |
(Amounts in thousands of Renminbi (“RMB”) and US dollars
(“US$”)) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended |
|
Six months ended |
|
|
June 30, 2023 |
|
March 31, 2024 |
|
June 30, 2024 |
|
June 30, 2023 |
|
June 30, 2024 |
|
|
RMB |
|
RMB |
|
RMB |
|
US$ |
|
RMB |
|
RMB |
|
US$ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Developer Services |
|
52,072 |
|
|
44,749 |
|
|
56,406 |
|
|
7,762 |
|
|
97,537 |
|
|
101,155 |
|
|
13,920 |
|
Subscription |
|
40,526 |
|
|
42,351 |
|
|
48,124 |
|
|
6,622 |
|
|
78,034 |
|
|
90,475 |
|
|
12,450 |
|
Value-Added Services |
|
11,546 |
|
|
2,398 |
|
|
8,282 |
|
|
1,140 |
|
|
19,503 |
|
|
10,680 |
|
|
1,470 |
|
Vertical Applications |
|
21,259 |
|
|
19,775 |
|
|
23,035 |
|
|
3,169 |
|
|
41,227 |
|
|
42,810 |
|
|
5,890 |
|
Total Revenue |
|
73,331 |
|
|
64,524 |
|
|
79,441 |
|
|
10,931 |
|
|
138,764 |
|
|
143,965 |
|
|
19,810 |
|
Gross Profits |
|
47,711 |
|
|
46,372 |
|
|
52,771 |
|
|
7,261 |
|
|
93,703 |
|
|
99,143 |
|
|
13,642 |
|
Gross Margin |
|
65.1 |
% |
|
71.9 |
% |
|
66.4 |
% |
|
66.4 |
% |
|
67.5 |
% |
|
68.9 |
% |
|
68.9 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aurora Mobile (NASDAQ:JG)
Historical Stock Chart
From Oct 2024 to Nov 2024
Aurora Mobile (NASDAQ:JG)
Historical Stock Chart
From Nov 2023 to Nov 2024