Yuecong (Marco) Zhang's questions to Aurora Mobile Ltd (JG) leadership • Q1 2025
Question
Yuecong (Marco) Zhang from Gelonghui Research pointed out the company's strong growth in revenue and gross profit, alongside its seventh consecutive quarter of positive adjusted EBITDA, but noted it still recorded a net loss. He asked when management expects the company to achieve quarterly net profit.
Answer
CFO Shan-Nen Bong acknowledged the strong metrics and explained that achieving net profit in the near term would require cutting crucial investments in R&D and marketing, which would hinder future growth. He cited the 64% YoY growth in Financial Risk Management as a direct result of R&D spending on product upgrades and noted marketing is essential for EngageLab's global expansion. He concluded that management is striking a balance to fuel sustainable long-term growth, and profitability will follow as the business continues to scale.