Aurora Mobile Ltd. · NASDAQ:JG
Aurora Mobile — Q1 2022 Earnings Presentation
15 slides from Aurora Mobile's earnings presentation, Jun 9, 2022
Slide 1: Q1 2022 Earnings Presentation
Q1 2022 EARNINGS PRESENTATION June 9, 2022
Slide 2: Part 1: 2022 Q1 Business Highlights
Part 1 2022 Q1 Business Highlights
Slide 3: SendCloud – China's Leading Email API Platform
SendCloud – China’s Leading Email API Platform • Acquisition of majority interest in SendCloud was completed in March 2022 • Integration of operations has started: • Explore more cross-selling opportunities (selling JG products and services to SendCloud customers and vice versa) • SendCloud email se
Slide 4: Aurora Mobile Ad Mediation Platform – Launched
Aurora Mobile Ad Mediation Platform – Launched !! • Company has recently launched its mobile ad mediation platform to help developers improve monetization efficiency • Mobile ad mediation platform unlocks and maximizes traffic value • Traffic stratification makes monetization more effective • A vari
Slide 5: Part 2: 2022 Q1 Financial Highlights
Part 2 2022 Q1 Financial Highlights
Slide 6: Group Revenues - Defined
Group Revenues - Defined Group Revenues Definition (a) Developer Services • Subscription • Value-Added-Services (b) Vertical Applications • Market Intelligence • Financial Risk Management 3
Slide 7: Total Group Revenue Achieved Steady Growth of 11% YoY
Total Group Revenue Achieved Steady Growth of 11% YoY Despite Tough Operating Environment RMB (‘Million) Revenue increased by a steady 11% YoY or RMB8.7M driven by growth in: • Developer Services by 14%; and 101.2 90.5 • Vertical Applications by 6% 89.0 26.6 85.3 76.6 76.6 Revenue decreased by 16% Q
Slide 8: Adjusted EBITDA Improved 56% YoY
Adjusted EBITDA Improved 56% YoY RMB (‘Million) Year-over-Year improvement of 56% due to: • Strong high margin SAAS Businesses 1.84 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 1Q22 revenue growth of 11% YoY 4Q21 • OPEX decreased by 7% YoY (8.19) demonstrating steady operating leverage and management’s (13.30
Slide 9: Another Quarter of Steady Developer Service Revenue Growth
Another Quarter of Steady Developer Service Revenue Growth - Driven by a Strong 35% YoY Growth in Value-Added-Services RMB (‘Million) 14% YoY • Another Quarter of Steady Growth in Developer Services revenue of 14% YoY 74.6 • Subscription revenue: 64.7 • Increased by 2% YoY or RMB0.7M 61.2 59.8 mainl
Slide 10: Vertical Application Revenue Growth Driven by Financial Risk Management
Vertical Application Revenue Growth Driven by Steady Double Digit Financial Risk Management Growth RMB (‘Million) 6% YoY • Include revenues from: a) Market Intelligence b) Financial Risk Management 27.8 26.6 • Revenue grew by 6% YoY 25.8 25.6 24.2 driven by steady growth in Financial Risk Management
Slide 11: Group Gross Profits and Gross Margins
Group Gross Profits and Gross Margins RMB (‘Million) 1% YoY • Group gross profits increased by 1% YoY to RMB58.5M. 72.1 67.4 67.4 • The Group's gross profits and 58.1 58.5 margins declined QoQ due to: • Total revenue decreased by 15.7% 75.9% 75.7% 74.4% 71.2% • Higher traffic pool cost 68.6% incurre
Slide 12: Continue to Drive Operating Efficiency & Maintaining Operating Expenses
Continue to Drive Operating Efficiency & Maintaining Operating Expenses At An Optimal Level RMB(‘Million) 7% YoY • Operating expenses decreased by 7% YoY while group revenue 105.3 103.7 grew by 11% YoY 101.5 92.5 94.5 • We are committed to control and optimize operating expenses across all business
Slide 13: Strong Balance Sheet as of 03/31/2022
Strong Balance Sheet as of 03/31/2022 • Cash and cash equivalents, restricted cash and short-term investments of: - Healthy level of cash to support business growth RMB273M as of 03/31/2022 • Deferred Revenue balance remained stable: - 8th consecutive quarter of > RMB100M RMB133M as of 03/31/2022 -
Slide 14: Use of Non-GAAP Financial Measures
Use of Non-GAAP Financial Measures In evaluating the business, Aurora Mobile Limited, (“Aurora”, ”The Company”) considers and uses three non-GAAP measures, adjusted net loss ,adjusted EBITDA and SAAS Businesses revenue, as a supplemental measure to review and assess its operating performance. In thi
Slide 15: Safe Harbor Statement
Safe Harbor Statement This presentation and the accompanying oral presentation have been prepared by Aurora Mobile Limited, (“Aurora”) for informational purposes only and not for any other purpose. Nothing contained in this presentation is, or should be construed as, a recommendation, promise or rep