API Q1 2023 Earnings — Agora, Inc. Revenue & Financial Results | Market Cap Arena

APIAgora, Inc.

$389M

Q1 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$36M-5.6% YoY

Gross Profit

$23M62.7% margin

Operating Income

-$17M-46.6% margin

Net Income

-$17M-46.3% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

-9.2%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$16M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$759M

Total Liabilities

$57M

Stockholders' Equity

$702M

Cash & Equivalents

$50M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$39M	-5.6%
Gross Profit	$23M	$24M	-5.1%
Operating Income	-$17M	-$29M	+41.5%
Net Income	-$17M	-$27M	+37.3%