Dailey Le's questions to Agora Inc (API) leadership • Q2 2025
Question
Dailey Le from Bank of America inquired about the company's AI business, asking which applications like IoT and companion toys would see the fastest adoption and revenue contribution. She also asked about the drivers behind the Q2 gross profit margin and the future outlook for both gross and net operating margins.
Answer
The CEO explained that call centers, education, and companionship toys are the three most advanced AI use cases, with some customers already moving from proof-of-concept to real-world production. CFO Jingbo Wang added that the core RTC business gross margin is stable, and the new conversational AI product's margin is expected to be at least as high as RTC's in the long term. He affirmed that net margin should improve in the coming quarters, with a long-term operating margin target of 15-20%.