NASDAQ$API

Agora Inc-ADR · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Agora, Inc. reported its financial results for the fourth quarter and fiscal year ended December 31, 2024, achieving GAAP profitability in Q4.

Agora, Inc. achieved GAAP profitability in the fourth quarter of 2024, driven by revenue growth from new use cases and disciplined cost management. Total revenues for the quarter were $34.5 million, a decrease of 4.4% year-over-year, with net income of $0.2 million compared to a net loss of $2.6 million in the prior year.

  • Total revenues for Q4 2024 were $34.5 million, a 4.4% decrease from Q4 2023.
  • Net income for Q4 2024 was $0.2 million, a significant improvement from a net loss of $2.6 million in Q4 2023.
  • Agora segment revenue increased by 13.7% to $17.4 million in Q4 2024.
  • Shengwang segment revenue decreased by 17.6% to $17.1 million in Q4 2024, impacted by end-of-sale products.

Headline financials

Total Revenue

$34.5M

Previous: $36M-4.3%
EPS (adj)

$0.00

Previous: $0.01-80.0%
Active Customers - Shengwang

2.0K

No prior period
Active Customers

1.7K

No prior period
Capital Expenditures

-$13.6M

Previous: $924K-1572.1%
Net Income

$200K

Previous: -$2.61M+107.7%
Operating Income

-$4.9M

Previous: -$8.36M+41.4%
Gross Profit

$22.9M

Previous: $22.7M+1.0%
R&D Expense

$14.8M

No prior period

Revenue & EPS history

Agora · Revenue · Quarterly

$34.5M

Q4 2024-4.3%vs Q4 2023
Beat estimate in 2 of 11 quarters(18%)
ActualEstimate

Forward guidance

For the first quarter of 2025, Agora, Inc. expects total revenues to be between $31 million and $33 million, reflecting current market and operational conditions.

Tailwinds

  • Expected revenue range of $31 million to $33 million for Q1 2025.
  • Outlook reflects the Company's current and preliminary views on the market.
  • Continued focus on enhancing operational efficiency for sustainable and profitable growth.
  • Launch of Conversational AI Engine expected to accelerate adoption of conversational AI.
  • Innovation in AI enabling real-time, voice-based interactions between humans and AI models.

Headwinds

  • Expected revenue for Q1 2025 is lower than Q4 2024 revenue of $34.5 million.
  • Outlook is subject to change based on market and operational conditions.
  • Revenue from certain end-of-sale low-margin products will be excluded from Q1 2024 comparison.
  • Macroeconomic and regulatory environment challenges could impact future performance.
  • Competition in the RTE-PaaS market remains a factor.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-3.0%

Avg return

Earnings day

-3.8%

Avg return

5 days after

-2.7%

Avg return

30 days after

35%

8 / 23 earnings

Positive

+20.4%

Q4 2021

Best reaction

-25.3%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q4 2025-2.4%-6.0%-1.8%
Q3 2025+9.4%+10.0%+19.0%
Q2 2025-7.1%-11.3%-2.3%
Q1 2025-2.1%-8.7%-0.3%
Q4 2024+5.5%+1.1%-18.9%
Q3 2024+5.6%+8.4%-4.4%
Q2 2024-4.4%-9.8%-15.8%
Q1 2024-13.4%-2.0%-9.5%
Q4 2023+18.9%+0.0%-8.7%
Q3 2023-11.1%-8.9%-14.6%
Q2 2023-2.1%+1.1%-9.5%
Q1 2023-4.9%+3.8%+10.1%
Q4 2022-19.0%-10.3%-7.1%
Q3 2022-17.8%-19.6%+26.4%
Q2 2022-4.9%-11.2%-9.7%
Q1 2022-23.0%-17.6%-5.2%
Q4 2021+20.4%+25.8%+27.2%
Q3 2021-1.3%-13.9%-37.3%
Q2 2021+1.8%-0.4%+11.8%
Q1 2021+3.0%+7.8%-6.1%
Q4 2020-25.3%-37.9%-46.5%
Q3 2020-5.2%-6.0%+11.4%
Q2 2020+10.1%+19.1%+30.7%
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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