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Aurora Mobile Limited Announces Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results

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Aurora Mobile Limited Announces Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results - GlobeNewswire

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Unless otherwise noted, all translations from RMB to U.S.dollars are made at a rate of RMB7.2993 to US$1.00, the exchange rate set forth in the H.10 statistical release of the Board of Governors of the Federal Reserve System as of December 31, 2024.  AURORA MOBILE LIMITED UNAUDITED INTERIM CONDENSED CONSOLIDATED INCOME STATEMENTS (Amounts in thousands of Renminbi ("RMB”) and US dollars ("US$”), except for number of shares and per share data)                   Three months ended Twelve months ended   December 31, 2023 September 30, 2024 December 31, 2024 December 31, 2023 December 31, 2024   RMB RMB RMB US$ RMB RMB US$                 Revenues 77,410  79,052  93,153  12,762  290,232  316,170  43,315  Cost of revenues (24,129) (25,846) (36,468) (4,996) (90,946) (107,136) (14,678) Gross profit 53,281  53,206  56,685  7,766  199,286  209,034  28,637  Operating expenses               Research and development (27,085) (24,157) (24,326) (3,333) (121,806) (94,816) (12,990) Sales and marketing (22,056) (22,448) (24,583) (3,368) (82,705) (84,900) (11,631) General and administrative (12,071) (10,447) (11,392) (1,561) (45,653) (45,448) (6,226) Total operating expenses (61,212) (57,052) (60,301) (8,262) (250,164) (225,164) (30,847) Other operating income(1) 182  202  3,393  465  10,361  6,229  853  Loss from operations (7,749) (3,644) (223) (31) (40,517) (9,901) (1,357) Foreign exchange gain/(loss), net 49  195  (62) (8) (18) 122  17  Interest income 247  211  288  39  1,200  2,881  395  Interest expenses (158) (42) (42) (6) (808) (132) (18) Share of loss from equity method investment (450) -  -  -  (450) -  -  Other (loss)/income (10,025) 1,048  (805) (110) (23,991) 238  33  Gains from fair value change 6  50  45  6  30  133  18  Loss before income taxes (18,080) (2,182) (799) (110) (64,554) (6,659) (912) Income tax benefits/(expenses) 1,380  24  105  14  1,886  (110) (15) Net loss (16,700) (2,158) (694) (96) (62,668) (6,769) (927) Less: net income/(loss) attributable to noncontrolling interests and redeemable noncontrolling interests 545  423  372  51  (570) 277  38  Net loss attributable to Aurora Mobile Limited’s shareholders  (17,245) (2,581) (1,066) (147) (62,098) (7,046) (965) Net loss per share, for Class A and Class B common shares:               Class A and B Common Shares - basic and diluted (0.22) (0.03) (0.01) (0.00) (0.78) (0.09) (0.01) Shares used in net loss per share computation:               Class A Common Shares - basic and diluted 62,318,904  62,717,083  63,200,100  63,200,100  62,688,838  62,802,678  62,802,678  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 (loss)/income               Foreign currency translation adjustments (721) (826) 1,357  186  919  817  112  Total other comprehensive (loss)/income, net of tax (721) (826) 1,357  186  919  817  112  Total comprehensive (loss)/income (17,421) (2,984) 663  90  (61,749) (5,952) (815) Less: comprehensive income/(loss) attributable to noncontrolling interests and redeemable noncontrolling interests 545  423  372  51  (570) 277  38  Comprehensive (loss)/income attributable to Aurora Mobile Limited’s shareholders (17,966) (3,407) 291  39  (61,179) (6,229) (853)                                 (1) Beginning on January 1, 2024 we classified the government grants that are operating in nature as other operating income.

Net loss attributable to Aurora Mobile Limited’s shareholders was RMB1.1 million (US$0.1 million), compared with a net loss attributable to Aurora Mobile Limited’s shareholders of RMB17.2 million for the same quarter last year.

Fourth Quarter 2024 Financial Results Revenues were RMB93.2 million (US$12.8 million), an increase of 20% from RMB77.4 million in the same quarter of last year, attributable to a 28% increase in revenue from Developer Services and a 1% increase in revenue from Vertical Applications.

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Article Details

Author / Journalist: Aurora Mobile Limited

Category: Technology

Markets:

Topics:

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Article Type: News Report

Published On: 2025-03-13 @ 07:30:00 (11 hours ago)

News Timezone: GMT +8:00

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Language: English

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Copyright Owner: © GlobeNewswire

News ID: 26941591

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