Aurora Mobile Ltd. · NASDAQ:JG
Aurora Mobile — Q3 2022 Earnings Presentation
16 slides from Aurora Mobile's earnings presentation, Nov 23, 2022
Slide 1: 2022 Q3 Earnings Presentation
2022 Q3 EARNINGS PRESENTATION November 23, 2022
Slide 2: 2022 Q3 Business Highlights
Part 1 2022 Q3 Business Highlights
Slide 3: EngageLab.com Went Live on 8/24/2022
EngageLab.com Went Live on 8/24/2022！ • Our overseas messaging service platform EngageLab （https://www.engagelab.com/） officially launched • Offering omnichannel messaging solutions to global enterprises and developers • Providing five mainstream services including： （1）AppPush （2）WebPush （3）Email Se
Slide 4: We Help Enterprises Boost Overseas User Reach
We Help Enterprises Boost Overseas User Reach • We provide excellent services to Chinese enterprises going overseas and international customers • Our international services offer： - Multi-node access to global servers - Overseas networks - International sending IPs • Customers enjoy high availabilit
Slide 5: 2022 Q3 Financial Highlights
2022 Q3 Financial Highlights
Slide 6: Group Revenues - Defined
Group Revenues - Defined Developer Services Vertical Applications • Subscription • Market Intelligence • Value-Added-Services • Financial Risk Management 6
Slide 7: Total Group Revenue Recorded 6% Growth QoQ
Total Group Revenue Recorded 6% Growth QoQ Showing Encouraging Sign of Recovery RMB (‘Million) 6% QoQ Revenue increased by a 6% QoQ 101.2 driven by growth in： 89.0 90.5 • Developer Services by 3% QoQ 85.3 26.6 80.4 76.6 76.6 76.1 • Vertical Applications by 12% QoQ 27.8 25.8 65.6 25.6 23.4 24.1 24.2
Slide 8: Adjusted EBITDA Improved Significantly By 58% YoY and By 16% QoQ
Adjusted EBITDA Improved Significantly By 58% YoY and By 16% QoQ RMB (‘Million) 58% YoY • Q3’22 OPEX was at lowest 3Q20 4Q20 1Q21 2Q21 3Q21 1.8 1Q22 2Q22 3Q22 level for the past 16 quarters 4Q21 • Year-over-Year significant (6.7) (8.2) (8.0) improvement of 58% mainly due to OPEX decreased by (13.3)
Slide 9: Developer Service Revenue Recorded 3% Growth QoQ
Developer Service Revenue Recorded 3% Growth QoQ RMB (‘Million) 74.6 64.7 59.8 55.2 57.0 30.2 • Subscription revenue: 24.9 - Increased by 5% YoY or 9% QoQ mainly 15.3 25.4 16.9 driven by increase in customer number • Value-Added-Services revenue: 44.4 41.7 39.8 38.3 - Decreased by 39% YoY or RMB9.6M
Slide 10: Vertical Application Revenue Recorded 12% Growth QoQ
Vertical Application Revenue Recorded 12% Growth QoQ RMB (‘Million) • Include revenues from: 26.6 a) Market Intelligence 25.8 25.6 b) Financial Risk Management 23.4 20.9 • Revenue increased by 12% QoQ attributable to： - Market Intelligence by 23% QoQ - Financial Risk Management by 20% QoQ • The acqu
Slide 11: Gross Profits and Gross Margins
Gross Profits and Gross Margins RMB (‘Million) 72.1 67.4 • Gross profits increased by 1% 58.5 QoQ to RMB54.0M 53.5 54.0 74.4% 71.2% • The gross profits and gross margins 68.6% 70.2% 67.2% declined YoY due to: - Total revenue decreased by 11% - Higher traffic pool cost incurred for Value-Added Servic
Slide 12: Operating Expenses At Lowest Level Since Q4'2018
Operating Expenses At Lowest Level Since Q4’2018 RMB (‘Million) 23% YoY • Operating expenses decreased by 23% YoY or 9% QoQ as we have been 103.7 very disciplined in spending and to 92.5 94.5 87.7 ensure we operate at an optimal level 80.0 of efficiency 55.5 40.0 45.0 40.8 38.3 • We recorded the low
Slide 13: Balance Sheet Staying Healthy as of 09/30/2022
Balance Sheet Staying Healthy as of 09/30/2022 Cash and cash equivalents, restricted cash and 01 short-term investments of: • Healthy level of cash to support business growth RMB108M as of 09/30/2022 02 Deferred Revenue balance at high level: RMB139M as of 09/30/2022 02 • 10th consecutive quarter of
Slide 14: Use of Non-GAAP Financial Measures
Use of Non-GAAP Financial Measures I n e v a l u a t i n g t h e b u s i n e s s , Aurora Mobile Limited, Company believes that adjusted net loss and adjusted EBITDA (“Aurora”, ”The Company”) considers and uses three non- provide useful information about its operating results, enhance GAAP measures,
Slide 15: Safe Harbor Statement
Safe Harbor Statement This presentation and the accompanying oral presentation employees to third parties. Statements that are not historical have been prepared by Aurora Mobile Limited, (“Aurora”) for facts, including but not limited to statements about Aurora informational purposes only and not fo
Slide 16: Thanks
THANKS