Second Consecutive Quarter of GAAP Profitability
Agora Inc. reported GAAP profitability for the second consecutive quarter in Q1 2025, driven by double-digit revenue growth and disciplined cost management.
Revenue Growth
Total revenue in Q1 2025 was $33.3 million, up 12% year-over-year, excluding revenues from certain end-of-sale, low-margin products.
Strong Performance in AI and IoT
Launched conversational AI engine and device kit, enabling developers to create interactive voice experiences and IoT devices, unlocking innovation across multiple verticals.
Improved Net Retention Rates
Dollar-based net retention rates improved to 96% for Agora and 85% for Shengwang compared to previous quarters.
Operating Cash Flow Improvement
Operating cash flow was $17.6 million in Q1 2025, a significant improvement from negative $6.5 million last year.