Aurora Mobile (NasdaqCM:JG) Q4 2025 Earnings call March 12, 2026 07:30 AM ET Company ParticipantsChristian Arnell - Managing DirectorShan-Nen Bong - CFOWeidong Luo - Chairman and CEOConference Call ParticipantsCalvin Wong - Research AnalystJack Sun - Senior Research AnalystOperatorLadies and gentlemen, thank you for standing by. Welcome to the Aurora Mobile fourth quarter and fiscal year 2025 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation ...

Financial Data and Key Metrics Changes - The company's revenue for Q4 2025 surged to CNY 105.2 million, representing a 13% year-over-year and 16% sequential growth [5] - Gross profit grew by 23% year-over-year and 9% quarter-over-quarter, marking the highest gross profit in the past 16 quarters [6][17] - Net operating cash inflow reached CNY 35.1 million, the highest since Q4 2020 [6][21] - The company achieved its first-ever full-year GAAP net profit in 2025 [5][23] Business Line Data and Key Metrics Changes - Developer subscription services revenue grew by 13% year-over-year and 8% quarter-over-quarter, reaching CNY 61.9 million [9][24] - EngageLab's ARR reached $10 million, representing a 186% year-over-year growth [10][24] - Value-Added Services revenue increased by 101% quarter-over-quarter but decreased by 13% year-over-year [9] - Financial risk management revenue grew by 43% year-over-year and 12% quarter-over-quarter [15] Market Data and Key Metrics Changes - EngageLab products are now sold in over 70 countries, with a 142% year-over-year increase in customer numbers [10][11] - The company expanded its footprint into 18 new countries in Q4 alone [11] - The total deferred revenue reached CNY 178.7 million, a historical high [19][20] Company Strategy and Development Direction - The company plans to continue its expansion path with a focus on enhancing products and services while maintaining strong financial management [7] - The theme for 2026 is "growth acceleration," indicating a commitment to capitalize on global opportunities [7] - The company has made significant investments in developing EngageLab specifically for overseas markets [28] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the growth prospects for 2026, projecting full-year revenue guidance between CNY 450 million and CNY 480 million, representing a 20%-28% year-over-year growth [25] - The management highlighted the importance of the EngageLab product as a key growth driver for the next three years [36] - The company is confident in its ability to maintain profitability and positive cash flow moving forward [36] Other Important Information - The company repurchased 73,000 ADS in Q4 2025, totaling 400,000 ADS since the start of the repurchase program [25] Q&A Session Summary Question: What are the top three things the company has done well to achieve strong financials? - Management highlighted the courage to venture overseas, the monumental shift in product offerings for global markets, and the commitment to excel throughout the organization as key factors [27][28][30] Question: How should investors view the run-rate financials for Q1 2026 and beyond? - Management indicated that the company has proven its ability to achieve full-year net profit, expects stable growth in domestic business, and anticipates EngageLab to drive significant growth momentum [36]