API Agora, Inc.

Overview and Growth

Fiscal 2025 results for Agora, Inc. combined $141.06M of revenue with net income of $9.53M and an operating cash inflow of $27.23M. At $141.06M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. The top line expanded 5.9% from $133.26M in fiscal 2024, increasing the company’s operating scale. Diluted earnings per share were $0.02, translating the period’s attributable earnings into the amount reported for each diluted share. Revenue equaled 0.2x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

Gross profit was $93.66M, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross profit represented 66.4% of revenue, showing how much of the top line remained after direct costs. The company recorded an operating loss of $9.41M after the reported operating expense base. An operating margin of -6.7% reflected costs exceeding revenue-level gross profit by 6.7% of sales. After all reported below-operating-line items, the company recorded net income of $9.53M for the fiscal year. Measured against reported revenue, net income produced a 6.8% margin after operating costs and the remaining recognized items. Before income taxes, the company reported $9.88M of earnings, providing a bridge between the operating result and final net income. Measured against revenue, pretax income equaled 7.0%, adding a pre-tax profitability layer between revenue and net income. The reported income-tax provision was $323.00K, the amount recognized between pretax income and the final net-income result. The effective relationship between income tax and positive pretax income was 3.3%, without assuming a statutory-rate comparison. Net income equaled 1.7% of period-end equity, showing the earnings generated on shareholders’ book capital.

Liquidity and Capital Structure

Total assets were $721.10M, supported by $158.25M of liabilities and $562.85M of shareholder equity. The near-term balance sheet paired $260.10M of current assets with $56.78M of current liabilities at the reporting date. Current assets covered current liabilities by 4.58x, leaving a positive buffer for near-term obligations. Cash and equivalents totaled $75.45M, identifying the most liquid reported component available within the broader current-asset balance. Measured only with cash and equivalents, coverage of current liabilities was 132.9%, excluding receivables and other current assets. Borrowings totaled $80.42M, adding a fixed financing obligation alongside the company’s equity capital. Debt equaled 0.14x of book equity, describing the relative scale of borrowing and shareholder capital. Debt represented 11.2% of total assets, placing borrowing in the context of the company’s full resource base. Liabilities represented 21.9% of total assets, quantifying the liability-funded share of the company’s resource base. The cash-to-assets relationship was 10.5%, comparing reported cash and equivalents with the full positive asset balance. Total assets were 3.1% higher than fiscal 2024 assets of $699.65M, measuring the company’s own balance-sheet change.

Cash Flow and Earnings Quality

Cash flow from operations was $27.23M, a reported cash inflow that can be compared directly with net income and capital spending. Operating cash flow equaled 2.86x of net income, showing how strongly accounting earnings converted into cash from operations. Capital expenditures used $1.70M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Relative to operating cash flow, capital expenditures measured 6.2%, connecting investment intensity with the company’s cash-generation base. The combination of operating cash flow and capital spending produced $25.53M of positive free cash flow for the period. The free-cash-flow margin was 18.1%, measuring cash remaining after capital spending against revenue. The free-cash-flow-to-assets relationship was 3.5%, comparing post-investment cash with the balance-sheet asset base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.