On August 29, Aurora Mobile, a leading Chinese customer interaction and marketing technology service provider (JG.US), released its unaudited financial report for the second quarter ended June 30, 2024.
In the second quarter, Aurora Mobile's overseas business momentum continued strong, with a nearly 75% increase in EngageLab's customer base and a nearly 30% increase in cumulative contract amount. The registered user count of GPTBots.ai surpassed 19,000, with a 90% increase compared to the previous quarter. Aurora Mobile achieved a total revenue of 79.4 million yuan, reaching its highest level in five consecutive quarters.
At the same time, Aurora Mobile continues to actively control costs to ensure overall profitability stability, with adjusted EBITDA turning positive for four consecutive quarters.
It is also worth noting that:
1) Aurora Mobile's core business (developer subscriptions) revenue reached 48.1 million yuan, with a growth of 19% and 14% compared to the previous period, demonstrating strong momentum.
2) Aurora Mobile's industry application business revenue reached 23 million yuan, with an 8% and 16% growth compared to the previous period, showing a positive trend.
3) Aurora Mobile's gross margin increased by 1.3 percentage points year-on-year, maintaining a relatively high level at 66.4%. The total gross profit of Aurora Mobile reached 52.8 million yuan, achieving both year-on-year and quarter-on-quarter growth.
4) Aurora Mobile's net loss continued to narrow, reaching a historic low. It decreased by 95% year-on-year and 50% quarter-on-quarter.
Aurora Mobile's deferred revenue representing customer advances has exceeded 0.1 billion RMB for 17 consecutive quarters, reaching 0.135 billion RMB, unchanged from the previous quarter.