API Q1 2024 Earnings — Agora, Inc. Revenue & Financial Results | Market Cap Arena

APIAgora, Inc.

$389M

Q1 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$33M-9.5% YoY

Gross Profit

$20M61.3% margin

Operating Income

-$13M-39.7% margin

Net Income

-$9M-28.7% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

-8.5%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$14M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$690M

Total Liabilities

$94M

Stockholders' Equity

$596M

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$33M	$36M	-9.5%
Gross Profit	$20M	$23M	-11.5%
Operating Income	-$13M	-$17M	+22.9%
Net Income	-$9M	-$17M	+43.9%