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    mobile investing

    Aurora Mobile Announces Q4 and Fiscal Year 2019 Results

    Danielle Edwards
    Mar. 05, 2020 05:17AM PST
    Emerging Technology

    Aurora Mobile announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2019.

    Aurora Mobile (NASDAQ:JG) announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2019.

    As quoted in the press release:

    Fourth Quarter 2019 Financial Highlights

    • Revenues were RMB182.8 million (US$26.3 million), a decrease of 19% year-over-year and 10% quarter-over-quarter.

    • Cost of revenues was RMB122.5 million (US$17.6 million), a decrease of 25% year-over-year and 16% quarter-over-quarter.

    • Gross profit was RMB60.3 million (US$8.7 million), a decrease of 3% year-over-year, and an increase of 6% quarter-over-quarter.

    • Total operating expenses were RMB103.3 million (US$14.8 million), an increase of 19% year-over-year and a decrease of 7% quarter-over-quarter.

    • Net loss was RMB40.3 million (US$5.8 million), compared with a net loss of RMB23.6 million for the same period last year, and a net loss of RMB31.7 million for the third quarter of 2019.

    • Adjusted net loss (non-GAAP) was RMB21.0 million (US$3.0 million), compared with a RMB12.5 million adjusted net loss for the same period last year, and a RMB37.6 million adjusted net loss for the third quarter of 2019.

    • Adjusted EBITDA (non-GAAP) was negative RMB8.9 million (US$1.3 million), compared with negative RMB3.5 million for the same period last year, and negative RMB26.0 million for the third quarter of 2019

    Click here to read the full press release.

    mobile investingaurora mobilenasdaq:jg
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