Aurora Mobile Ltd

NASDAQ:JGUnited States

10:55 AM EST, 11/15/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts continued their downward trajectory Friday morning, declining 0.62% to 2,015.62 on the S&P Asia 50 ADR Index, which is down more than 3% for t...

shareholders (7,114) (792) (3,407) (486) (43,213) (6,520) (929) ---------- ---------- ---------- ---------- ---------- ---------- ---------- (1) Beginning on January 1, 2024 we classified the government grants that are operating in nature as other operating income. Comparative figures were reclassified to conform to this presentation. AURORA MOBILE LIMITED UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS (Amounts in thousands of Renminbi ("RMB") and US dollars ("US$")) As of ------------------------------------- December 31, September 30, 2023 2024 ------------ ----------------------- RMB RMB US$ ASSETS Current assets: Cash and cash equivalents 114,521 100,755 14,357 Restricted cash 486 367 52 Accounts receivable 34,344 40,524 5,775 Prepayments and other current assets 20,225 20,175 2,875 Total current assets 169,576 161,821 23,059 ----------- --------- -------- Non-current assets: Long-term investments 112,912 112,488 16,029 Property and equipment, net 1,433 3,179 453 Operating lease right-of-use assets 4,081 20,884 2,976 Intangible assets, net 17,941 14,697 2,094 Goodwill 37,785 37,785 5,384 Deferred tax assets 1,072 442 63 Other non-current assets 5,387 6,136 875 ----------- --------- -------- Total non-current assets 180,611 195,611 27,874 ----------- --------- -------- Total assets 350,187 357,432 50,933 =========== ========= ======== LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Short-term loan - 3,000 427 Accounts payable 21,073 27,072 3,858 Deferred revenue and customer deposits 141,518 134,810 19,210 Operating lease liabilities 4,007 5,403 770 Accrued liabilities and other current liabilities 74,682 68,015 9,692 Total current liabilities 241,280 238,300 33,957 ----------- --------- -------- Non-current liabilities: Operating lease liabilities 629 16,128 2,298 Deferred tax liabilities 3,994 3,419 487 Other non-current liabilities 563 567 81 ----------- --------- -------- Total non-current liabilities 5,186 20,114 2,866 ----------- --------- -------- Total liabilities 246,466 258,414 36,823 =========== ========= ======== Shareholders' equity: Common shares 50 50 7 Treasury shares (2,453) (1,669) (238) Additional paid-in capital 1,045,397 1,046,525 149,129 Accumulated deficit (988,669) (994,649) (141,736) Accumulated other comprehensive income 19,223 18,683 2,662 ----------- --------- -------- Total Aurora Mobile Limited's shareholders' equity 73,548 68,940 9,824 ----------- --------- -------- Noncontrolling interests 30,173 30,078 4,286 Total shareholders' equity 103,721 99,018 14,110 =========== ========= ======== Total liabilities and shareholders' equity 350,187 357,432 50,933 =========== ========= ======== AURORA MOBILE LIMITED RECONCILIATION OF GAAP AND NON-GAAP RESULTS (Amounts in thousands of Renminbi ("RMB") and US dollars ("US$")) Three months ended Nine months ended ---------------------------------- --------------------------- June September 30, September 30, September September 30, 30, 2023 2024 2024 30, 2023 2024 --------- ------- -------------- --------- ---------------- RMB RMB RMB US$ RMB RMB US$ Reconciliation of Net Loss to Adjusted Net Income/(Loss): Net loss (6,996) (1,304) (2,158) (308) (45,968) (6,075) (866) Add: Share-based compensation 2,848 913 1,249 178 10,054 3,430 489 Reduction in force charges 619 - - - 2,358 - - Impairment of long-term investment 5,604 - - - 15,264 - - Adjusted net income/(loss) 2,075 (391) (909) (130) (18,292) (2,645) (377) -------- ------ ------ ---- -------- ------ ---- Reconciliation of Net Loss to Adjusted EBITDA: Net loss (6,996) (1,304) (2,158) (308) (45,968) (6,075) (866) Add: Income tax (benefits)/expenses (177) 483 (24) (3) (506) 215 31 Interest expenses 209 42 42 6 650 90 13 Depreciation of property and equipment 868 371 361 51 4,853 1,112 158 Amortization of intangible assets 1,519 1,115 1,112 158 4,714 3,596 512 Amortization of land use right - - - - 994 - - -------- ------ ------ ---- -------- ------ ---- EBITDA (4,577) 707 (667) (96) (35,263) (1,062) (152) Add: Share-based compensation 2,848 913 1,249 178 10,054 3,430 489 Reduction in force charges 619 - - - 2,358 - - Impairment of long-term investment 5,604 - - - 15,264 - - Adjusted EBITDA 4,494 1,620 582 82 (7,587) 2,368 337 ======== ====== ====== ==== ======== ====== ==== AURORA MOBILE LIMITED UNAUDITED SAAS BUSINESSES REVENUE (Amounts in thousands of Renminbi ("RMB") and US dollars ("US$")) Three months ended Nine months ended ----------------------------------------------- ------------------------------------ September June 30, September 30, September September 30, 30, 2023 2024 2024 30, 2023 2024 ----------- ---------- ---------------------- ----------- ----------------------- RMB RMB RMB US$ RMB RMB US$ Developer Services 51,534 56,406 57,485 8,191 149,071 158,640 22,606 Subscription 46,659 48,124 51,651 7,360 124,693 142,126 20,253 Value-Added Services 4,875 8,282 5,834 831 24,378 16,514 2,353 Vertical Applications 22,524 23,035 21,567 3,074 63,751 64,377 9,174 ------- ------ ------ ------ ------- ------- ------ Total Revenue 74,058 79,441 79,052 11,265 212,822 223,017 31,780 ------- ------ ------ ------ ------- ------- ------ Gross Profits 52,302 52,771 53,206 7,582 146,005 152,349 21,710 Gross Margin 70.6% 66.4% 67.3% 67.3% 68.6% 68.3% 68.3%

10:38 AM EST, 11/11/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts opened the week tracking lower Monday morning, with the S&P Asia 50 ADR Index declining 0.62% to 2,078.12. From North Asia, the gainers were l...