API Q2 2024 Earnings — Agora, Inc. Revenue & Financial Results | Market Cap Arena

APIAgora, Inc.

$389M

Q2 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$34M+0.5% YoY

Gross Profit

$21M62.0% margin

Operating Income

-$11M-32.5% margin

Net Income

-$9M-27.0% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

+3.8%

Cash Flow

Operating Cash Flow

-$8M

Free Cash Flow

-$12M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$679M

Total Liabilities

$92M

Stockholders' Equity

$587M

Cash & Equivalents

$38M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34M	$34M	+0.5%
Gross Profit	$21M	$22M	-1.4%
Operating Income	-$11M	-$48M	+76.9%
Net Income	-$9M	-$45M	+79.6%