Aurora Mobile Ltd. · NASDAQ:JG
Aurora Mobile — Q1 2025 Earnings Presentation
22 slides from Aurora Mobile's earnings presentation, May 29, 2025
Slide 1: 2025 Q1 Earnings Presentation
2025 Q1 EARNINGS PRESENTATION May 29, 2025
Slide 2: 2025 Q1 Business Highlights
Part 1 2025 Q1 Business Highlights
Slide 3: JVerification (HK Edition) Now Launched
JVerification (HK Edition) Now Launched • We launched the Hong Kong Edition of JVerification to streamline and innovate cross- border login and verification • As digital transformation accelerates globally, the demand for seamless and secure cross- border services is a top priority for many develope
Slide 4: Aurora Mobile + Our Partners = Great Success!!
Aurora Mobile + Our Partners = Great Success!! • We have officially partnered with 1. REDtone Digital Berhad, a leading telecommunications and digital infrastructure provider in Malaysia 2. ZANROO MALAYSIA SDN. BHD., a fast- growing marketing technology company in Southeast Asia • These partnerships
Slide 5: GPTBots.ai – Connecting Leading LLMs for our Customers
GPTBots.ai – Connecting Leading LLMs for our Customers • GPTBots.ai is committed to making it easier for individuals, developers, and companies to embrace the advancement and proliferation of Al technology • GPTBots.ai provides end-to-end AI solutions for enterprises, implementing AI agents across c
Slide 6: EngageLab – Lift Off!
EngageLab – Lift Off! Customer Numbers • Our customer base has been expanding rapidly, achieving sequential growth of 25%! Contract Value (Cumulative) • EngageLab business scaled new heights by recorded new wins of more than RMB 63 million in Q1 alone! • By 3/31/2025, the total cumulative signed con
Slide 7: 2025 Q1 Financial Highlights
Part 2 2025 Q1 Financial Highlights
Slide 8: Group Revenues - Defined
Group Revenues - Defined Developer Services Vertical Applications • Subscription • Market Intelligence • Value-Added Services • Financial Risk Management 8
Slide 9: Core Business and Revenues with Growth
Core Business and Revenues with Growth Great growth momentum for EngageLab 01 • • Quarterly revenue grew 127% YoY Customer number 25%++ growth QoQ Great Financial Results 01 • Cumulative contract value 132%++ growth QoQ; exceeded RMB 110M! Developer Services (Subscription) revenue achieved RMB 53.5M
Slide 10: Great Financial Results
Great Financial Results 7 consecutive quarters of Positive Adjusted EBITDA! Great Financial Results 01 01 02 Quarterly revenue at RMB 89.0M; achieved 38% YoY growth! 02 Gross profit at its highest level in the last 9 quarters! Gross margin 03 improved by 520 basis point! 03 04 Net loss narrowed by 3
Slide 11: Total Revenue Increased by 38% YoY!
Total Revenue Increased by 38% YoY! RMB (‘Million) 93.2 89.0 23.7 79.1 Despite Q1 being a traditional slower 79.4 22.2 23.4 quarter, total revenue was at RMB 89.0M 20.9 26.7 64.5 21.3 increased by 38% YoY, significantly 23.0 21.6 20.0 exceeding expectations 19.8 • Developer Services grew by 39% YoY
Slide 12: Developer Service Subscription Revenue Increased by 26% YoY
Developer Service Subscription Revenue Increased by 26% YoY • Subscription revenue: 71.0 - Increased 26% YoY mainly due to the 62.3 16.3 growth in overseas revenue both on a 56.4 57.5 8.8 YoY and QoQ basis and stable growth 5.8 8.3 in the domestic market 16.9 44.7 11.5 2.4 8.0 - 3rd consecutive quar
Slide 13: Vertical Application Revenue increased by 35% YoY and 20% QoQ
Vertical Application Revenue increased by 35% YoY and 20% QoQ 26.7 • Include revenues from: a) Market Intelligence 23.0 22.2 b) Financial Risk Management 21.6 19.8 • Vertical Application Revenue increased 35% YoY and 20% QoQ • Financial Risk Management recorded remarkable growth and showcasing signi
Slide 14: POSITIVE Adjusted EBITDA ~ Quarters in A Row!!
POSITIVE Adjusted EBITDA ~ 7 Quarters in A Row!! Adjusted EBITDA • This is the 7th consecutive quarters of POSITIVE Adjusted EBITDA! POSITIVE • We have been consistently delivering solid results through disciplined 1 2 3 4 5 6 7 execution of our plans for both overseas expansion and tight monitoring
Slide 15: Gross Profits increased by 27% YoY and 4% QoQ
Gross Profits increased by 27% YoY and 4% QoQ 120.00% 58.8 56.7 52.8 53.2 • For Q1’25, gross profit 100.00% reached its peak in the past 9 46.4 quarters, totaling RMB 58.8M 80.00% 71.9% 66.4% 67.3% 66.1% 60.9% 65.1% 60.00% • Gross margin increased by 520 basis points QoQ due to 40.00% contribution f
Slide 16: Operating Expenses remained stable
Operating Expenses remained stable 60.3 60.6 54.8 57.1 • We make great effort in monitoring and 53.0 controlling our expenses with 24.2 24.3 24.6 commitment and dedication! 22.7 23.7 • The YoY and QoQ fluctuations in 24.6 23.3 OPEX was mainly due to allocation of 17.4 20.5 22.5 resources in specific
Slide 17: Net Loss — Narrowed by 38% YoY
Net Loss — Narrowed by 38% YoY Q1'23 ……………………. Q1'24 ……………………. Q1'25 0 • Net loss narrowed by 38% YoY • As we continue to scale our -10 business whilst controlling the expense outlays, we are building a sustainable business model with great prospects! -20 17
Slide 18: Deferred Revenue - Highest Level in History!
Deferred Revenue - Highest Level in History! 156.9 147.1 141.5 135.2 135.1 134.8 • Deferred Revenue Q1 balance of 130.6 RMB 156.9M hits an all-time high since IPO • A healthy balance of deferred revenue signifies the company's future revenue and business expansion Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24
Slide 19: Balance Sheet & Financials at Healthy Level as of 3/31/2025
Balance Sheet & Financials at Healthy Level as of 3/31/2025 Cash and cash equivalents and restricted cash of: 1 • Healthy level of cash to support business growth RMB 113.6M as of 3/31/2025 Deferred Revenue balance at high level: 2 • 20th consecutive quarter of > RMB 100M • Highest level since IPO R
Slide 20: Use of Non-GAAP Financial Measures
Use of Non-GAAP Financial Measures In evaluating the business, Aurora Mobile Limited, The Company believes that adjusted net loss and adjusted (“Aurora”, ”The Company”) considers and uses two non-GAAP EBITDA provide useful information about its operating results, measures, adjusted net (loss)/income
Slide 21: 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 22: THANKS
THANKS