API Q2 2023 Earnings — Agora, Inc. Revenue & Financial Results | Market Cap Arena

APIAgora, Inc.

$389M

Q2 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$34M-16.9% YoY

Gross Profit

$22M63.3% margin

Operating Income

-$48M-141.4% margin

Net Income

-$45M-133.1% margin

EPS (Diluted)

$-0.44

QoQ Revenue Growth

-6.6%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$6M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$688M

Total Liabilities

$56M

Stockholders' Equity

$633M

Cash & Equivalents

$38M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34M	$41M	-16.9%
Gross Profit	$22M	$27M	-19.1%
Operating Income	-$48M	-$28M	-73.4%
Net Income	-$45M	-$31M	-47.6%