Agora Inc. Reports Q1 2025 Revenue of $33.3M, Achieving Second Consecutive Quarter of GAAP Profitability
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Agora Inc. reported Q1 2025 revenue of $33.3 million, a 0.8% increase from Q1 2024. Core operations revenue rose 17.7% to $18.6 million, while Shengwang's revenue declined 13.9% to $14.7 million. The active customer base grew to 1,806, with a dollar-based net retention rate of 96%. The company achieved a net income of $0.4 million, a turnaround from a $9.5 million loss last year. Agora's cash position is strong at $388 million, and it is focusing on growth in conversational AI following the launch of its Conversational AI Engine.
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