Aurora Mobile Limited announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024. For Q4 2024, total revenues reached RMB 93.2 million (US$12.8 million), marking a 20% increase from RMB 77.4 million in the same quarter last year, fueled by growth across all business lines.
Core Developer Subscription Services revenue achieved a new record of RMB 54.7 million, showing both quarter-over-quarter and year-over-year growth. The EngageLab business continued its strong momentum with a 200% quarterly revenue growth year-over-year and an RMB 10 million increase in new signed contract value between quarters.
For the full fiscal year 2024, revenues were RMB 316.2 million (US$43.3 million), an increase of 9% from 2023. The company achieved positive adjusted EBITDA of RMB 3.7 million (US$0.5 million) for the full year, marking its first full year of adjusted EBITDA profitability and its sixth consecutive quarter of positive adjusted EBITDA.
Net loss for Q4 2024 narrowed significantly to RMB 0.7 million (US$96 thousand) from RMB 16.7 million in the prior year. The Net Dollar Retention Rate for the core Developer Subscription business stood at 95% for the trailing 12 months ended December 31, 2024, indicating strong customer retention and expansion.
The company reported a net operating cash inflow of RMB 19.5 million in Q4 2024, with cash and cash equivalents at RMB 119.5 million as of December 31, 2024. For the first quarter of 2025, Aurora Mobile expects total revenue to be between RMB 74.0 million and RMB 77.5 million, representing year-over-year growth of approximately 15% to 20%.
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