API Q3 2023 Earnings — Agora, Inc. Revenue & Financial Results | Market Cap Arena

APIAgora, Inc.

$389M

Q3 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$35M-14.6% YoY

Gross Profit

$22M64.0% margin

Operating Income

-$14M-39.6% margin

Net Income

-$23M-64.3% margin

EPS (Diluted)

$-0.23

QoQ Revenue Growth

+2.9%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$5M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$667M

Total Liabilities

$58M

Stockholders' Equity

$609M

Cash & Equivalents

$28M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$35M	$41M	-14.6%
Gross Profit	$22M	$24M	-7.9%
Operating Income	-$14M	-$29M	+52.1%
Net Income	-$23M	-$28M	+18.7%