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 8.1 million), reflecting a 27% year-over-year growth [6][7]. - Operating expenses totaled RMB 60.6 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 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].
Aurora Mobile Limited Announces First Quarter 2025 Unaudited Financial Results