Aurora Mobile (NASDAQ: JG), a leading customer interaction and marketing technology service provider in China, has released its unaudited financial report for the first quarter ended March 31, 2024. The first quarter revenue was RMB 64.5 million (USD 8.9 million), a year-on-year decrease of 1%. The gross profit was RMB 46.4 million (USD 6.4 million), an increase of 1% year-on-year. The net loss was 2.6 million yuan (400000 US dollars), and the net loss for the same period in 2023 was 15.2 million yuan.
Aurora founder and CEO Luo Weidong stated that in the first quarter of 2024, we achieved outstanding performance, with developer subscription service revenue increasing by 13% year-on-year; The gross profit margin has reached its highest level since the fourth quarter of 2021; The ADJUSTED EBITDA indicator has achieved profitability for three consecutive quarters for the first time in history; The total operating expenses are 53 million RMB, the lowest level since its public listing in July 2018; The number of customers for Engage Lab's overseas messaging service platform products increased by more than 30% month on month, and the cumulative contract amount increased by more than 60% month on month.