Core Insights - MoonFox Data, a subsidiary of Aurora Mobile, has launched its Financial Alternative Data Solution to enhance investment decision-making efficiency and accuracy by providing real-time, precise data support [1][12]. Investment Analysis Pain Points - Investment institutions face challenges such as delayed performance forecasting due to a 1–1.5 month information lag, which complicates revenue predictions for listed companies [2]. - Limited data coverage restricts research and consulting institutions to either online or offline data, hindering comprehensive evaluations of corporate operations and industry competition [2]. - Private equity and venture capital firms struggle to validate data-financial linkages, making it difficult to assess enterprise value and investment potential [2]. - Identifying high-growth sectors is challenging for investment institutions, risking missed investment opportunities [2]. Application Scenarios - The solution supports earnings forecasting for public companies, allowing funds and investment banks to predict revenues ahead of earnings releases by integrating various data sources [3]. - Real-time corporate performance monitoring is available for all investment institutions, enabling them to track operational dynamics and identify performance risks or growth signals [8][14]. - Subsector opportunity discovery assists VC/PE and research institutions in rapidly identifying high-growth sectors and screening for top-performing targets [9][15]. - Competitive benchmarking allows corporate strategy and research teams to compare operational performance across multiple companies within an industry [10][16]. Compliance and Data Coverage - MoonFox Financial Alternative Data complies with industry-leading data security and privacy standards, offering historical data tracing since 2019 and flexible output granularity [11]. - The platform covers over 300 listed companies and more than 1,000 brands across A-shares, Hong Kong, and US markets, serving clients like BlackRock and Goldman Sachs [12].

Core Insights - The company reported a total revenue of RMB 19,900,000 for Q3 2025, reflecting a 15% year-over-year growth and a 1% sequential growth, which is at the high end of the guidance provided [1] - The flagship product, Engagement, achieved significant growth with an Annual Recurring Revenue (ARR) of RMB 53,700,000, marking a 160% year-over-year increase [1][8] - The financial risk management business recorded its highest quarterly revenue of RMB 222,600,000, representing a 43% year-over-year growth [5] Revenue Performance - Total group revenue grew by 15% year-over-year, driven by strong performance in developer services and financial risk management [7] - Developer services revenue increased by 12% year-over-year, while subscription revenue grew by 11% year-over-year and 7% quarter-over-quarter [7][8] - The cumulative contract value for Engagement reached RMB 128,000,000, with over RMB 15,000,000 worth of new contracts signed in Q3 alone [9] Profitability and Cash Flow - The company achieved back-to-back quarterly net GAAP profit for the first time in its history, with gross profit growing by 20% year-over-year [2][15] - Net operating cash inflow reached RMB 33,300,000, the highest level since 2020, indicating strong cash generation capabilities [20][39] - The gross margin improved year-over-year and quarter-over-quarter, reflecting effective cost management alongside revenue growth [15][37] Customer Metrics - The number of global customers increased by 156% year-over-year, reaching 1,312, driven by the company's global go-to-market efforts [9][10] - The Net Dollar Retention (NDR) rate for the core developer service business stood at 104%, indicating strong customer retention and increased spending [18][38] - Deferred revenue reached a historical high of RMB 166,300,000, signifying strong customer loyalty and predictable future revenue [19][38] Business Outlook - The company anticipates Q4 2025 revenue guidance in the range of RMB 94,000,000 to RMB 96,000,000, representing a solid growth of 1% to 3% year-over-year [23] - The management expressed confidence in the continued growth trajectory of the Engagement product, which is expected to drive revenue growth in the next 12 to 24 months [10][33]

Financial Data and Key Metrics Changes - The group's revenue for Q3 2025 was RMB 19.9 million, reflecting a 15% year-over-year growth and a 1% sequential growth, which was at the high end of the guidance provided [5][18] - The company achieved its first-ever back-to-back quarterly net GAAP profit, indicating strong business performance [4][18] - Gross profit grew by 20% year-over-year, reaching the highest level in the past 15 quarters, with improved gross margin [6][13] - Net operating cash inflow was RMB 23.3 million, the highest since Q4 2020, indicating a strong cash position [6][17] Business Line Data and Key Metrics Changes - EngageLab, the flagship product, recorded an ARR of RMB 53.7 million, representing a 160% year-over-year growth [8][18] - Financial Risk Management business achieved its highest quarterly revenue of RMB 22.6 million, with a 43% year-over-year growth [5][12] - Developer services revenue increased by 12% year-over-year, while subscription revenue grew by 11% year-over-year [7][8] - Value-Added Services revenue grew by 22% year-over-year but decreased by 34% quarter-over-quarter [10][11] Market Data and Key Metrics Changes - EngageLab's customer base increased by 156% year-over-year, reaching 1,312 customers, with sales in over 52 countries [9][10] - The Financial Risk Management segment saw a 44% growth in customer numbers, contributing to its revenue growth [12] Company Strategy and Development Direction - The company is focused on expanding its global footprint, with EngageLab positioned as a key driver for revenue growth over the next 12 to 24 months [10][29] - Continuous investment in product improvements and customer service has been emphasized as a strategy to maintain growth [27][29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining revenue growth momentum, with Q4 2025 revenue guidance projected between RMB 94 million and RMB 96 million, indicating a 1%-3% year-over-year growth [20] - The company highlighted the importance of maintaining high gross margins while expanding revenue [34] Other Important Information - The company has initiated a share repurchase program, increasing the authorization to repurchase up to $10 million worth of ordinary shares [21] - Total deferred revenue reached a historical high of RMB 166.3 million, indicating strong customer loyalty and predictable future revenue [16][35] Q&A Session Summary Question: Strength of EngageLab business and growth trajectory - Management highlighted that EngageLab's ARR reached RMB 53.7 million, a 160% increase year-over-year, driven by product improvements and global customer engagement [24][26] Question: Recap of what went well in Q3 for GAAP net profit - Management noted strong revenue growth across all business lines, with EngageLab contributing RMB 13 million, and emphasized the importance of maintaining margins while achieving revenue growth [32][34]

Business Highlights - The company's customer numbers increased by 156% year-over-year (YoY) and 24% quarter-over-quarter (QoQ)[8] - Annual Recurring Revenue (ARR) reached RMB 5370万 in September 2025, representing a YoY growth of over 160%[9] - EngageLab's customers span 52 countries and regions, with offices established in Hong Kong, Singapore, Malaysia, and Japan[12] - GPTBots.ai entered a strategic partnership with Vonosis Co, Ltd in Thailand to deliver localized AI solutions[15] - EngageLab upgraded its Marketing Automation functions with AI-powered capabilities to enhance marketing efficiency and user conversion rates[18] Financial Highlights - The company achieved GAAP net income for two consecutive quarters, a historic first[29, 33] - Q3 2025 recorded the highest quarterly revenue in EngageLab's history[29] - Net Dollar Retention (NDR) for Developer Services (Subscription) reached 104%, the highest level in history[29, 53] - Total revenue reached RMB 9090万, a 15% YoY increase and 1% QoQ increase[36] - Gross profit increased by 20% YoY and 7% QoQ, reaching RMB 6380万, the highest level in the past 15 quarters, with a gross margin of 702%[30, 46] - Deferred revenue reached RMB 16630万, a historic high[30, 50, 53]

Core Viewpoint - Aurora Mobile has announced a stock repurchase plan, indicating confidence in its business model and long-term growth potential, while suggesting that its current stock value is significantly undervalued [1] Group 1: Stock Repurchase Plan - The board of directors has approved a new stock repurchase plan, allowing the company to repurchase up to $10 million of its common stock by December 31, 2026 [1] - The repurchase may occur in the open market at current market prices or through private negotiations, block trades, and other legal methods [1] - The board will regularly review the repurchase plan and may adjust its terms and scale as necessary [1] Group 2: Management's Confidence - The CEO, Luo Weidong, expressed strong confidence in the company's core advantages and strategic positioning for long-term growth [1] - The stock repurchase is seen as a serious commitment to loyal shareholders, emphasizing the company's significant future potential [1]

Core Viewpoint - The company, Aurora (NASDAQ: JG), reported strong financial results for Q3 2025, achieving net profit under US GAAP for two consecutive quarters, indicating sustainable profitability and robust business performance across all segments [1][2][21]. Financial Performance - Aurora's total revenue reached 90.9 million RMB, marking a 15% year-over-year increase and a 1% quarter-over-quarter growth, aligning with previous performance guidance [2][12]. - The company achieved a net profit of 650,000 RMB for the third quarter, signaling a positive trend in profitability [2][10]. - Operating cash flow reached 23.3 million RMB, the highest in 20 quarters, reflecting strong cash collection capabilities [19]. Business Segments - All business lines reported double-digit year-over-year growth, with developer services revenue increasing by 12%, subscription services by 11%, value-added services by 22%, and industry applications by 23% [5][12][14]. - The flagship product, EngageLab, saw its annual recurring revenue (ARR) grow by 160% year-over-year, reaching 53.7 million RMB [1][7]. Strategic Initiatives - The company is leveraging AI advancements to enhance its SaaS offerings, transitioning from tool provision to value co-creation, which is opening new growth avenues [1][21]. - Strategic collaborations, such as with ZohoSalesIQ and Tellvoice, are expanding Aurora's market reach and enhancing its service offerings [9][10]. Operational Efficiency - Gross profit reached 63.8 million RMB, with a gross margin of 70.2%, reflecting a 20% year-over-year increase and the highest level in 15 quarters [17]. - The company maintains a "light cost" operational strategy, ensuring low operational expenses while investing in core business areas [18]. Customer Retention and Future Outlook - The developer subscription service's net dollar retention rate (NDR) reached 104%, indicating strong customer loyalty and the ability to offset potential revenue losses from churn [19][20]. - Deferred revenue hit a record high of 166 million RMB, demonstrating a solid customer base willing to commit long-term [20]. Conclusion - Overall, Aurora's Q3 results highlight a strong and sustainable growth trajectory, supported by strategic initiatives, operational efficiency, and robust financial health, positioning the company favorably for future developments [21][22].

Core Viewpoint - Aurora Mobile Limited has announced a new share repurchase program, reflecting confidence in its business model and stock valuation [2][3]. Company Overview - Aurora Mobile, founded in 2011, is a leading provider of customer engagement and marketing technology services in China, focusing on stable and efficient messaging services [4]. - The company has developed solutions such as Cloud Messaging and Cloud Marketing to enhance customer reach and interaction, alongside AI and big data-driven marketing technology for digital transformation [4]. Share Repurchase Program - The board of directors has approved a program allowing the repurchase of up to US$10 million worth of ordinary shares until December 31, 2026 [2]. - Repurchases may occur on the open market, in privately negotiated transactions, or through other legally permissible means, depending on market conditions [3]. - The program is seen as a commitment to shareholders, with the company viewing its stock as substantially undervalued [3].

Core Viewpoint - Aurora (NASDAQ: JG) reported significant growth in its Q3 financial results for the period ending September 30, 2025, showcasing enhanced profitability and robust revenue growth across all business lines [1] Financial Performance - Total revenue reached 90.9 million, representing a year-over-year increase of 15%, with all business lines achieving double-digit growth [1] - Gross profit increased by 20% year-over-year and 7% quarter-over-quarter, marking the highest level in the past 15 quarters [1] - Net cash inflow from operating activities hit a new high of 23.3 million, the highest in the past 20 quarters [1] Business Segments - EngageLab's customer count surged by 156% year-over-year, with cumulative contract value reaching 128 million, a 237% increase [1] - Annual Recurring Revenue (ARR) saw a strong year-over-year growth of 160% [1] - Subscription service revenue reached a record high of 57.3 million, reflecting an 11% year-over-year increase [1] - The financial risk control business achieved its highest revenue ever, growing by 33% year-over-year and 3% quarter-over-quarter, becoming a key driver for industry application business [1] Customer Metrics - Developer subscription service revenue retention rate (NDR) reached 104%, marking the best in history [1]

Core Viewpoint - Aurora Mobile Limited reported its third-quarter financial results for 2025, achieving a historic milestone with back-to-back quarterly U.S. GAAP net income, reflecting strong operational execution and financial performance [3][4]. Financial Highlights - Revenues reached RMB 90.9 million (US$ 12.8 million), marking a 15% increase from RMB 79.1 million in the same quarter last year, driven by a 12% rise in Developer Services and a 23% increase in Vertical Applications [4][7]. - Cost of revenues was RMB 27.1 million (US$ 3.8 million), up 5% from RMB 25.8 million year-over-year, primarily due to increases in media, cloud, and technical service costs, partially offset by a decrease in short messaging costs [5][7]. - Gross profit increased by 20% to RMB 63.8 million (US$ 9.0 million) from RMB 53.2 million in the same quarter last year [5][7]. - Total operating expenses rose by 13% to RMB 64.4 million (US$ 9.0 million) compared to RMB 57.1 million in the same quarter last year [6][7]. - Net income was RMB 0.7 million (US$ 92 thousand), a significant improvement from a net loss of RMB 2.2 million in the same quarter last year [8][7]. - Adjusted net income (non-GAAP) was RMB 1.5 million (US$ 0.2 million), compared to an adjusted net loss of RMB 0.9 million for the same quarter last year [7][8]. - Annual Recurring Revenue (ARR) reached RMB 53.7 million, growing over 160% year-over-year [7]. Business Outlook - For the fourth quarter of 2025, the company anticipates total revenue between RMB 94.0 million and RMB 96.0 million, representing year-over-year growth of approximately 1% to 3% [10]. Share Repurchase Update - As of September 30, 2025, the company had repurchased a total of 327,084 American Depositary Shares (ADS), with 4,435 ADSs repurchased during the third quarter of 2025 [11]. Key Metrics - The Net Dollar Retention Rate for the core Developer Subscription business was 104% for the trailing 12 months ended September 30, 2025 [7].

Core Insights - Aurora Mobile Limited showcased its platforms EngageLab and GPTBots.ai at DXPO Fukuoka 2025, emphasizing their role in enhancing efficiency and customer engagement for Japanese enterprises [1][5]. Company Overview - Founded in 2011, Aurora Mobile is a leading provider of customer engagement and marketing technology services in China, focusing on stable messaging services and innovative solutions for digital transformation [7]. Event Highlights - DXPO Fukuoka 2025 attracted decision-makers from various industries, with Aurora Mobile's booth becoming a focal point for discussions on leveraging AI and automation [2]. - Attendees aimed to utilize AI for smarter customer engagement and operational efficiency, showing interest in multi-channel marketing automation and intelligent customer service agents [3]. Product Features - EngageLab offers omni-channel marketing automation capabilities, allowing businesses to run personalized campaigns across various channels [4]. - GPTBots.ai features an advanced multi-agent architecture for deploying intelligent agents in customer support, multilingual communication, and automated process integration [4]. Market Trends - Japanese enterprises are increasingly focused on using AI to enhance internal efficiency, integrating systems, and automating workflows [5].