APINasdaqServices-Prepackaged SoftwareFiscal year ends December 31
Agora, Inc.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 15, 2026
$4.37+0.02 (+0.46%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 218.5
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2017 to 2025
Gross margin
66.4%+1.7 pts over 5 years
Operating margin
-6.7%−2.8 pts over 5 years
Net margin
6.8%+9.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +5.9% | -4.2% | +1.1% | – | |
| Gross profit | +9.6% | -2.0% | +1.6% | – |
Returns and balance sheet
9 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -1.2% | 1.7% | |
| Return on assets | – | -0.8% | 1.3% | |
| Current ratio | – | 18.47 | 4.58 | |
| Interest coverage | – | – | -261.4× | |
| Capex to revenue | – | 9.6% | 1.2% | |
| Diluted shares | – | 269M | 395M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Agora generated $127.35M from operations and spent $21.51M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$127.35M
Used
$21.51M
Capital expenditure$21.51M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin6.8%
×Asset turnover0.20×
×Equity multiplier1.25×
=Return on equity, FY20251.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 6.8% | 0.20× | 1.25× | 1.7% |
| FY2024 | -32.1% | 0.19× | 1.17× | -7.3% |
| FY2023 | -61.6% | 0.19× | 1.11× | -13.1% |
| FY2022 | -74.9% | 0.18× | 1.09× | -15.1% |
| FY2021 | -43.1% | 0.21× | 1.08× | -9.5% |
| FY2020 | -2.3% | 0.32× | 1.56× | -1.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$9.53M
- Cash generatingOperating cash flow above zero$27.23M
- Return on assets improvedROA up on the prior year-6.3% → 1.4%
- Earnings backed by cashOperating cash flow above net income$27.23M vs $9.53M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose5.62 → 4.58
- No dilutionShare count did not rise373M → 395M
- Gross margin improvedGross margin up on the prior year64.12% → 66.40%
- More efficientAsset turnover rose0.20 → 0.20