Financial Data and Key Metrics Changes - The company's revenue for Q1 2025 reached RMB 89 million, representing a 48% year-over-year growth, marking the highest Q1 revenue since transitioning to a pure SaaS model [8][28] - Gross profit increased by 27% year-over-year, achieving the highest gross profit in the past nine quarters, with gross margin improving by 530 basis points quarter-over-quarter [9][28] - Adjusted EBITDA was positive for the seventh consecutive quarter, indicating a strong financial performance [9][28] Business Line Data and Key Metrics Changes - Developer Services revenue grew by 39% year-over-year, with subscription revenue increasing by 26% year-over-year [12][28] - Engage Labs recognized revenue grew by 127% year-over-year, with total contract value exceeding RMB 110 million in Q1 2025 [8][14] - Financial Risk Management recorded its highest revenue ever at RMB 22.2 million, growing 64% year-over-year [18][19] Market Data and Key Metrics Changes - The advertising spending recovery in Q1 contributed to a 269% year-over-year increase in Value Added Services revenue [16] - Market Intelligence revenue decreased by 26% year-over-year, reflecting ongoing weakness in demand for Chinese app data [21] Company Strategy and Development Direction - The company aims to invest more resources into the development of its enterprise AI agent platform and its global expansion [10] - The management emphasized the importance of balancing R&D and marketing expenses to sustain growth while aiming for profitability [45][46] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the growth momentum continuing into the rest of 2025, with Q2 revenue guidance projected between RMB 87.5 million to RMB 90.5 million, reflecting a 10% to 14% year-over-year increase [30][29] - The management acknowledged the need for continued investment in R&D and marketing to maintain competitive advantage and support future growth [43][45] Other Important Information - The company repurchased 16,000 ADS in Q1 2025, with a total of 295,000 ADS repurchased since the start of the program [31] Q&A Session Summary Question: Outlook for EngageLab business after achieving RMB 110 million contract value - Management confirmed the calculation of newly signed contracts and highlighted the ability to win significant contracts globally, though they set realistic expectations for future contract values [34][38] Question: When can the company expect quarterly net profit despite revenue growth? - Management explained that while revenue and gross profit are growing, certain expenses are necessary for continued growth, and profitability will come as the business scales [41][46]

3 • We launched the Hong Kong Edition of JVerification to streamline and innovate cross- border login and verification • As digital transformation accelerates globally, the demand for seamless and secure cross- border services is a top priority for many developers • JVerifcation (HK Edition) offers a more efficient and secure verification solution to assist businesses in expanding into the Hong Kong market Aurora Mobile + Our Partners = Great Success!! 2025 Q1 EARNINGS PRESENTATION May 29, 2025 Part 1 2025 ...

Core Viewpoint - Aurora (NASDAQ: JG) reported significant growth in its Q1 2025 unaudited financial results, driven by rapid expansion in overseas business and strong performance in developer services and industry applications, amidst a global AI wave that is reshaping the SaaS landscape [1][2]. Group 1: Financial Performance - Total revenue for Q1 reached 89 million RMB, a substantial increase of 38% year-over-year, marking one of the highest revenue levels since Q4 2024 [7]. - Gross profit grew by 27% year-over-year, reaching 58.8 million RMB, with a gross margin of 66.1%, reflecting a 520 basis point increase from the previous quarter [16][18]. - Adjusted EBITDA turned positive at approximately 500,000 RMB, achieving profitability for the seventh consecutive quarter, while net loss narrowed significantly to 1.61 million RMB [19][21]. Group 2: Business Segments - EngageLab achieved a record contract signing amount exceeding 63 million RMB in Q1, with cumulative contracts surpassing 110 million RMB, reflecting a year-over-year revenue growth of 127% [2][4]. - The financial risk control business reported a record performance with revenue of 22.2 million RMB, marking a 64% year-over-year increase [12]. - Industry application revenue reached 26.7 million RMB, with year-over-year growth of 35% and a quarter-over-quarter increase of 20%, driven by strong performance in financial risk control [12]. Group 3: Strategic Initiatives - EngageLab expanded its global footprint, now serving clients in 40 countries, and upgraded its product offerings to enhance marketing efficiency [3][4]. - GPTBots.ai continues to empower group operations by providing intelligent solutions and forming strategic partnerships to enhance technological capabilities [6]. - The company maintains a low operating expense growth of 14%, supporting a sustainable growth model while investing in overseas market expansion [23]. Group 4: Market Position and Future Outlook - The deferred revenue reached a historical high of 157 million RMB, indicating strong market confidence in Aurora's services and a sustainable cash flow model [25][27]. - The company is well-positioned to leverage AI technology and operational optimization to deepen product barriers and unlock long-term growth potential [28].

Core Viewpoint - Aurora Mobile Limited reported strong financial performance for Q1 2025, with significant year-over-year growth in revenue and gross profit, indicating a positive momentum for the company moving forward [3][4]. Financial Highlights - Revenue for Q1 2025 was RMB 89.0 million (US$ 12.3 million), a 38% increase from RMB 64.5 million in the same quarter last year [5]. - Gross profit reached RMB 58.8 million (US$ 8.1 million), reflecting a 27% year-over-year growth [6][7]. - Operating expenses totaled RMB 60.6 million (US$ 8.3 million), an increase of 14% compared to the same quarter last year [6][7]. - The net loss for the quarter was RMB 1.6 million (US$ 0.2 million), an improvement from a net loss of RMB 2.6 million in the same quarter last year [8]. Revenue Breakdown - Revenue from Developer Services increased by 39%, while revenue from Vertical Applications grew by 35% [5]. - Value-Added Services within Developer Services saw a remarkable increase of 269% year-over-year [5]. Business Performance - EngageLab business achieved over RMB 63 million in contract value in Q1 2025, bringing total cumulative contract value to over RMB 110 million [6]. - Financial Risk Management business recorded its highest quarterly revenue of RMB 22.2 million, a 64% increase year-over-year [6]. Cost Structure - Cost of revenues was RMB 30.1 million (US$ 4.2 million), a 66% increase from RMB 18.2 million in the same quarter last year, primarily due to increased media and messaging costs [6][7]. - Research and development expenses were RMB 24.6 million (US$ 3.4 million), an 8% increase from the same quarter last year [13]. Cash Position - As of March 31, 2025, cash and cash equivalents and restricted cash totaled RMB 113.6 million (US$ 15.7 million), down from RMB 119.5 million as of December 31, 2024 [9]. Future Outlook - For Q2 2025, the company expects total revenue to be between RMB 87.5 million and RMB 90.5 million, representing year-over-year growth of approximately 10% to 14% [10]. Share Repurchase Update - As of March 31, 2025, the company had repurchased a total of 295,179 ADS, with 16,322 ADSs repurchased during Q1 2025 [11]. Company Background - Founded in 2011, Aurora Mobile is a leading provider of customer engagement and marketing technology services in China, focusing on messaging services and digital transformation solutions for enterprises [22].

Group 1 - The BEYOND Expo 2025, themed "Empowering Asia, Connecting the World," was held in Macau, attracting over 25,000 attendees and featuring more than 800 exhibitors, including Aurora Mobile, which won the BEYOND Awards for innovation [1][6] - Aurora Mobile showcased its GPTBots AI Agent platform and EngageLab omnichannel interaction solutions, highlighting their integration of AI with business applications in customer service and data decision-making [1][3] - The event emphasized the importance of AI technologies, large models, and robotics, with Aurora's booth becoming a focal point due to its deep integration of AI and practical applications [1][6] Group 2 - The GPTBots AI Agent platform offers end-to-end AI solutions, including intelligent Q&A systems and decision support systems, successfully applied in sectors like financial services and public services [3][6] - EngageLab provides a tailored customer journey management system, enabling precise customer engagement across all channels, enhancing the overall customer experience [3][4] - Feedback from attendees highlighted Aurora's innovation in combining cutting-edge technology with measurable business value, leading to preliminary cooperation agreements with several companies during the expo [6]

Core Insights - The workshop hosted by Zanroo Malaysia Sdn. Bhd. showcased strong enterprise demand for practical AI solutions in Southeast Asia, indicating significant market potential for the GPTBots platform [1][4] - An 81% attendance rate among senior business and IT leaders at the event reflects robust market readiness for AI adoption [1] - The workshop successfully demonstrated the real-world applications of AI, moving beyond theoretical concepts to tangible value [2] Company Highlights - GPTBots.ai is a leading no-code AI agent platform that enables rapid deployment of AI solutions across various business scenarios, featuring industry-specific templates and multi-language support [5] - The enthusiastic response from industry decision-makers in Kuala Lumpur reinforces the effectiveness of GPTBots' no-code platform and its global partnership strategy [4] - Live demonstrations of GPTBots-powered solutions, including ERP+CRM automation and multi-language customer service bots, garnered strong interest from attendees [7] Industry Engagement - Leaders from key sectors such as banking, retail, healthcare, and IT experienced hands-on use of the GPTBots platform, recognizing its ease of use and rapid deployment capabilities [7] - The event highlighted how GPTBots' robust platform and partner-centric model, exemplified by Zanroo, facilitate quick deployment of tailored AI agents, accelerating digital transformation for enterprises [7]

Core Insights - Aurora Mobile Limited has achieved a cumulative contract value exceeding RMB100 million for its overseas businesses as of March 31, 2025, with new contracts valued over RMB50 million signed in the first quarter of 2025 [1][2][3] Company Overview - Founded in 2011, Aurora Mobile is a leading provider of customer engagement and marketing technology services in China, focusing on stable and efficient messaging services for enterprises [4] - The company has developed innovative solutions such as Cloud Messaging and Cloud Marketing to facilitate omnichannel customer reach and interaction, alongside AI and big data-driven marketing technology solutions for digital transformation [4] Product Development - In 2022, Aurora Mobile launched EngageLab, a product aimed at overseas markets, which has quickly gained market recognition and competitive advantage, contributing significantly to the company's overseas revenue growth [2][3] - EngageLab has attracted customers from 37 countries and regions, establishing a solid foundation for the company's future development [2] Leadership Commentary - Mr. Weidong Luo, Chairman and CEO, highlighted the achievement of surpassing RMB50 million in contract value for overseas business in a single quarter as a historic milestone, reflecting the global recognition of EngageLab and its competitive edge in multi-channel user engagement solutions [3]

Summary of Aurora Mobile Conference Call Company Overview - **Company Name**: Aurora Mobile Limited - **Ticker Symbol**: JG - **Industry**: Customer engagement and marketing technology services - **Founded**: February 2011 - **Headquarters**: Shenzhen, China - **Core Services**: Provides push notifications and multichannel engagement services to enterprises, with a focus on app developers [4][9][10] Key Financial Metrics - **Revenue Composition**: - 76% from developer services - 24% from vertical applications - 59% of developer service revenue is from subscription business [12][34] - **Recent Performance**: - Achieved full-year profitability in 2024 - Net cash inflow of $19.5 million in the last quarter - Quarterly revenue reached a record high of $93.2 million [15][30][34] - **Adjusted EBITDA**: Six consecutive quarters of positive adjusted EBITDA [29][34] Market Position - **Market Share**: Over 55% in the third-party push notification market in China [10][14] - **Global Expansion**: Engaged customers from over 37 countries, with significant growth in Southeast Asia [18][50] Growth Drivers - **EngageLab**: - Launched in February 2022, focusing on global services - Customer base grew six times in six quarters, with revenue increasing nearly 200% year-over-year [19][21][50] - **AI Integration**: - Launched GPT bots in February 2023, enabling enterprises to utilize AI for improving operational efficiency [22][27] - Significant demand for AI in customer service operations, with one deployment reducing customer service headcount by over 50% [26][27] Competitive Advantages - **Cost Efficiency**: Outsourcing user engagement services to Aurora Mobile allows companies to save on infrastructure and operational costs [36][38] - **Speed of Innovation**: Rapid incorporation of AI functionalities into services, enhancing customer engagement capabilities [41][42] - **Service Offerings**: Unique offerings such as WhatsApp and OTP services, which competitors may lack [44][46] Future Outlook - **Growth Expectations**: Anticipated strong growth in customer numbers and contract values, particularly from EngageLab and the AI agent platform [51] - **Market Potential**: Significant total addressable market in Southeast Asia, with expectations for continued expansion [50][51] Additional Insights - **Customer Base**: Notable clients include Tesla, NVIDIA, and various airlines and financial institutions [11][15][16] - **Operational Expertise**: Fourteen years of operational experience positions Aurora Mobile as a leader in the push notification ecosystem [36][38] This summary encapsulates the key points discussed during the Aurora Mobile conference call, highlighting the company's market position, financial performance, growth strategies, and competitive advantages.

Core Viewpoint - Aurora Mobile Limited reported strong preliminary financial results for the first quarter of 2025, with total revenues estimated between RMB87.0 million and RMB90.0 million, reflecting a year-over-year growth of approximately 35% to 40% [1][6]. Financial Performance - Total revenues for Q1 2025 are estimated to be between RMB87.0 million and RMB90.0 million, compared to RMB64.5 million in Q1 2024, indicating a significant increase [6]. - The net loss for Q1 2025 is estimated to be between RMB1.0 million and RMB2.0 million, an improvement from a net loss of RMB2.6 million in Q1 2024 [6]. - Cash and cash equivalents as of March 31, 2025, are estimated to be between RMB113.0 million and RMB114.0 million, down from RMB119.5 million as of December 31, 2024 [6]. Business Growth Drivers - EngageLab, which drives the company's overseas operations, is estimated to have achieved over 120% year-over-year revenue growth in Q1 2025 [2]. - The release of an open-source large language model (LLM) by a tech client has led to a surge in global downloads, contributing to significant revenue growth for Aurora Mobile [2]. - The Financial Risk Management business has also seen substantial revenue growth due to rising customer demand [2]. - The AI agent platform, GPTBots.ai, continues to support businesses in digital transformation through no-code AI bot-building technology [2]. Strategic Focus - The synergy between EngageLab and GPTBots.ai highlights the effectiveness of Aurora Mobile's dual-engine strategy of "Global Market + AI Empowerment," which is aimed at expanding global market share and accelerating technology commercialization [2][8].

Core Viewpoint - Aurora Mobile has raised its revenue guidance for Q1 2025, expecting revenue between RMB 87 million and RMB 90 million, representing a year-on-year growth of approximately 35% to 40% [1][2]. Financial Performance - The expected revenue for Q1 2025 is between RMB 87 million and RMB 90 million, compared to RMB 64.5 million in the same period of 2024, indicating a growth of about 35% to 40% [2]. - The adjusted net loss is anticipated to be between RMB 1 million and RMB 2 million, an improvement from a net loss of RMB 2.6 million in the same period of 2024 [3]. - As of March 31, 2025, the company's cash and cash equivalents are expected to be between RMB 113 million and RMB 114 million, down from RMB 119.5 million as of December 31, 2024 [3]. Business Growth Drivers - EngageLab, a core component of the company's overseas business, has shown strong growth with revenue increasing over 120% year-on-year [2]. - The launch of a large language model (R1 LLM) by a client has driven significant demand, contributing to revenue growth for Aurora Mobile [2]. - The company's financial risk management business has also seen substantial revenue increases due to heightened client demand [2]. - The AI platform GPTBots.ai continues to empower enterprises by providing no-code AI bot construction technology, facilitating efficient digital transformation [2]. - The dual strategy of "going global + AI empowerment" is proving effective in expanding market share and commercializing technology [2].