Monday 2 November 2026
Export API’s income statement to Excel — free account
Agora, Inc. Sponsored ADR
API Technology Software Application
Agora, Inc. Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $141.1 million, up 5.85% from fiscal 2024.
- Revenue
- +18.0%
- EPS
- +89.9%
- Free cash flow
- −94.8%
- Total debt
- +64.9%
Quarter to June 2026, against a year earlier
4.30
0.09
−2.05%
Follow API
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | 44 | 64 | 134 | 168 | 161 | 142 | 133 | 141 | 152 | +18.2% | 164 | 187 | — | +15.1% | |
| Gross margin, % | — | — | 71.06 | 68.31 | 64.66 | 61.92 | 61.88 | 63.22 | 64.12 | 66.40 | 64.49 | (4.7) pt | ||||||
| EBT | — | — | 0 | (5) | (3) | (72) | (120) | (87) | (39) | 10 | 11 | +54.0% | ||||||
| EBT margin, % | — | — | 1.10 | (8.34) | (1.91) | (42.77) | (74.66) | (61.30) | (29.26) | 7.01 | 7.29 | +5.9 pt | ||||||
| Net income | — | 0 | 0 | (6) | (3) | (72) | (120) | (87) | (43) | 10 | 11 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | 1.60 | 2.23 | 1.99 | 1.52 | 1.44 | 1.42 | 1.43 | 1.53 | 1.79 | (0.6%) | |||||
| Earnings | — | — | (1.57) | (2.31) | (0.05) | (0.66) | (1.08) | (0.88) | (0.46) | 0.10 | 0.09 | n/m | ||||||
| Cash flow | — | — | 0.02 | 0.02 | 0.10 | (0.18) | (0.47) | (0.14) | (0.15) | 0.30 | 0.16 | +47.4% | ||||||
| Capex | — | — | (0.08) | (0.17) | (0.19) | (0.11) | (1.57) | (0.17) | (0.40) | (0.36) | (0.40) | +23.6% | ||||||
| Free cash flow | — | — | (0.06) | (0.14) | (0.09) | (0.29) | (2.04) | (0.30) | (0.56) | (0.07) | (0.24) | +1.2% | ||||||
| Book value | — | — | (2.68) | (4.40) | 9.77 | 7.86 | 6.53 | 6.07 | 6.14 | 6.12 | 6.55 | n/m | ||||||
| Shares, m | — | — | 27 | 29 | 67 | 110 | 112 | 100 | 93 | 92 | 223 | +19.0% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 54.70 | 47.41 | 6.8 | |||||
| P/S | — | — | 0.00 | 49.39 | 19.91 | 10.64 | 2.78 | 1.76 | 2.91 | 2.65 | 2.41 | 11.3 | ||||||
| P/B | — | — | 0.00 | 0.00 | 4.05 | 2.06 | 0.61 | 0.41 | 0.68 | 0.67 | 0.66 | 1.1 | ||||||
| EV/Sales | — | — | 68.14 | 68.14 | 15.15 | 6.14 | 0.12 | 0.30 | 1.21 | 1.67 | 0.80 | 20.1 | ||||||
| EV/FCF | — | — | (569.34) | (569.34) | (320.47) | (31.76) | (0.08) | (1.42) | (2.83) | (20.49) | (4.69) | (189.5) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | 1 | 1 | 7 | (20) | (52) | (14) | (14) | 27 | 14 | +75.3% | |||||
| Capex | — | — | (2) | (5) | (13) | (12) | (176) | (17) | (38) | (34) | (34) | +47.0% | ||||||
| Free cash flow | — | — | (2) | (4) | (6) | (32) | (228) | (30) | (52) | (6) | (21) | +20.4% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | 112 | 105 | 634 | 724 | 414 | 205 | 270 | 203 | 318 | +8.9% | |||||
| Net debt | — | — | (110) | (106) | (635) | (755) | (428) | (206) | (227) | (139) | (244) | +3.4% | ||||||
| Shareholders’ equity | — | — | (73) | (127) | 656 | 866 | 728 | 605 | 573 | 563 | 557 | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | (67.27) | (51.73) | (0.76) | (8.84) | (13.79) | (11.82) | (6.22) | 1.34 | 1.53 | +68.6 pt | |||||
| ROIC | — | — | 0.00 | 0.00 | (15.43) | (45.45) | (24.07) | (13.68) | (9.64) | (1.39) | (1.04) | (1.4) pt | ||||||
| ROE | — | — | 42.71 | 66.68 | (1.18) | (9.50) | (15.10) | (13.09) | (7.26) | 1.68 | 1.95 | (41.0) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | 447 | 842 | 1,311 | 1,001 | 790 | 608 | 543 | — | +3.3% | |||||
| Revenue/emp, $m | — | — | 0.00 | 0.14 | 0.16 | 0.13 | 0.16 | 0.18 | 0.22 | 0.26 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
Agora, Inc. Sponsored ADR vs peers in Software Application (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| CRNC Cerence Inc. | $365.9M | — (loss-making) | 243× | +11.81% (above 0%: growing) | n/m | +22.24% (above 0%: growing) | 76.04% | 2.69% | Compare |
| YB Yuanbao Inc. - Sponsored ADR | $362.5M | 2.3× | — | +37.38% (above 0%: growing) | +14.26% (above 0%: growing) | — | 92.98% | 32.39% | Compare |
| LAW CS Disco, Inc. | $340.2M | — (loss-making) | — (loss-making) | +13.23% (above 0%: growing) | n/m | +57.21% (above 0%: growing) | 74.43% | (21.36%) | Compare |
| HKD AMTD Digital Inc. Sponsored ADR | $327.1M | — | — | — | — | +39.75% (above 0%: growing) | 0.00% | 0.00% | Compare |
| API Agora, Inc. Sponsored ADR | $326.9M | 47.4× | 30.8× | +17.98% (above 0%: growing) | +89.87% (above 0%: growing) | −94.80% (below 0%: shrinking) | 63.67% | (2.36%) | |
| ENRD Einride AB - Sponsored ADR | $316.9M | 6.9× | — | — | −17.66% (below 0%: shrinking) | −28.82% (below 0%: shrinking) | — | 0.00% | Compare |
| PLTS Platinum Analytics Cayman Limited | $316.1M | — | — | — | — | — | — | — | Compare |
| EGHT 8x8 Inc | $301.9M | 59.0× | 209× | +4.86% (above 0%: growing) | n/m | +89.29% (above 0%: growing) | 61.19% | 2.30% | Compare |
| ASUR Asure Software, Inc. | $283.9M | — (loss-making) | — (loss-making) | +10.40% (above 0%: growing) | n/m | +188.89% (above 0%: growing) | 69.57% | 1.29% | Compare |
| Median of peers | $322.0M | 6.9× | — | +11.81% | — | +48.48% | 72.00% | 1.29% |