|
Total revenues
|
|
$43.7m
|
$64.4m
|
$133.6m
|
$168.0m
|
$160.7m
|
$141.5m
|
$133.3m
|
$141.1m
|
|
Cost of revenues
|
|
($12.6m)
|
($20.4m)
|
($47.2m)
|
($64.0m)
|
($61.2m)
|
($52.1m)
|
($47.8m)
|
($47.4m)
|
|
Gross profit
|
|
$31.0m
|
$44.0m
|
$86.4m
|
$104.0m
|
$99.4m
|
$89.5m
|
$85.4m
|
$93.7m
|
|
Total operating expenses
|
|
($31.8m)
|
($50.2m)
|
($93.2m)
|
($187.3m)
|
($206.9m)
|
($146.6m)
|
($140.3m)
|
($104.5m)
|
|
Other operating income
|
|
$1.0m
|
$108k
|
$1.7m
|
$2.6m
|
$3.7m
|
$1.7m
|
$1.6m
|
$1.4m
|
|
Impairment of goodwill
|
|
—
|
—
|
—
|
—
|
($11.9m)
|
($31.9m)
|
—
|
—
|
|
Loss from operations
|
|
$263k
|
($6.1m)
|
($5.2m)
|
($80.7m)
|
($115.8m)
|
($87.3m)
|
($53.3m)
|
($9.4m)
|
|
Exchange (loss) gain
|
|
($21k)
|
$87k
|
($65k)
|
$558k
|
($5.0m)
|
($151k)
|
$168k
|
$1.6m
|
|
Interest income
|
|
$239k
|
$626k
|
$2.7m
|
$8.4m
|
$9.6m
|
$18.8m
|
$16.9m
|
$15.1m
|
|
Losses from extinguishment of convertible note
|
|
—
|
—
|
—
|
—
|
—
|
($1.2m)
|
—
|
—
|
|
Investment (loss) income
|
|
—
|
$0
|
$0
|
($1.7m)
|
($8.8m)
|
($18.5m)
|
($3.3m)
|
$1.5m
|
|
Other income
|
|
—
|
$0
|
$0
|
$1.6m
|
($120.4m)
|
$1.6m
|
$793k
|
$1.2m
|
|
Income taxes
|
|
($105k)
|
($801k)
|
($562k)
|
($840k)
|
($663k)
|
($422k)
|
($258k)
|
($323k)
|
|
Equity in loss of affiliates
|
|
—
|
$0
|
$0
|
$329k
|
$244k
|
($31k)
|
($3.5m)
|
($32k)
|
|
Net (loss) income attributable to Agora, Inc.'s ordinary shareholders
|
|
($42.8m)
|
($66.9m)
|
($203.3m)
|
($72.4m)
|
($120.4m)
|
($87.2m)
|
($42.7m)
|
$9.5m
|
|
Foreign currency translation adjustments
|
|
($749k)
|
($358k)
|
$2.9m
|
$1.3m
|
($9.9m)
|
($3.4m)
|
($2.2m)
|
$2.3m
|
|
Unrealized gain on debt securities
|
|
—
|
$0
|
$0
|
($99k)
|
($1.3m)
|
$1.4m
|
($42.7m)
|
$9.5m
|
|
Share-based compensation
|
|
$2.9m
|
$4.3m
|
$12.0m
|
$31.5m
|
$32.4m
|
$24.6m
|
$22.7m
|
$5.6m
|
|
Total comprehensive (loss) income attributable to Agora, Inc.'s ordinary shareholders
|
|
($43.6m)
|
($67.2m)
|
($200.4m)
|
($71.1m)
|
($131.5m)
|
($89.3m)
|
($45.0m)
|
$11.8m
|
|
(Loss) income before income taxes
|
|
$481k
|
($5.4m)
|
($2.6m)
|
($71.8m)
|
($120.0m)
|
($86.8m)
|
($39.0m)
|
$9.9m
|
|
Net (loss) income per share attributable to Agora, Inc.'s ordinary shareholders-basic
|
|
—
|
—
|
($1)
|
($0)
|
($0)
|
($0)
|
($0)
|
$0
|
|
Net (loss) income per share attributable to Agora, Inc.'s ordinary shareholders-diluted
|
|
($0)
|
($1)
|
($1)
|
($0)
|
($0)
|
($0)
|
($0)
|
$0
|
|
Weighted average number of ordinary shares-basic
|
|
—
|
($6.2m)
|
$268.8m
|
$440.9m
|
$446.4m
|
$398.4m
|
$373.1m
|
$367.9m
|
|
Weighted average number of ordinary shares-diluted
|
|
—
|
($6.2m)
|
$268.8m
|
$440.9m
|
$446.4m
|
$398.4m
|
$373.1m
|
$395.4m
|
|
Research and development expenses
|
|
($14.4m)
|
($23.6m)
|
($49.5m)
|
($110.7m)
|
($114.5m)
|
($77.7m)
|
($80.3m)
|
($55.5m)
|
|
Sales and marketing expenses
|
|
($12.0m)
|
($19.4m)
|
($25.7m)
|
($46.3m)
|
($53.8m)
|
($34.0m)
|
($27.2m)
|
($26.4m)
|
|
General and administrative expenses
|
|
($5.4m)
|
($7.2m)
|
($18.0m)
|
($30.3m)
|
($38.7m)
|
($35.0m)
|
($32.8m)
|
($22.7m)
|
|
Interest expense
|
|
—
|
—
|
—
|
—
|
—
|
($20k)
|
($253k)
|
($36k)
|