Jun Shi's questions to Agora Inc (API) leadership • Q3 2024
Question
Jun Shi from Gushing Securities asked for more color on the company's outlook for the next year, specifically regarding revenue and cash flow, and questioned the assumptions underlying the stated goal of achieving breakeven.
Answer
Executive Jingbo Wang responded by reaffirming the company's target to achieve full-year GAAP breakeven in 2025. He stated this goal is based on conservative revenue assumptions for existing use cases, combined with the significant operating expense savings resulting from the recent restructuring. The company also aims to be prepared for any additional demand from new conversational AI use cases.