Still, as distinctive and independent as they have grown to be, they all share The Agora’s core mission of bringing the best new and unconventional viewpoints, perspectives and strategies to the global marketplace. This is a top-tier performance for all major underwriters during the period. Nine firms will see their 25-day underwriter research quiet periods end. Management’s presentation of the company roadshow is not available. SANTA CLARA, Calif., Nov. 25, 2020 -- Agora, Inc. (NASDAQ: API), a pioneer and leading platform for real-time engagement APIs, today announced impressive growth across its customer base in Q3 driven by increased demand for real-time engagement (RTE) technology. Sales and marketing expenses as a percentage of total revenue have risen somewhat and API’s sales and marketing efficiency is 1.1x. Agora’s main executive offices are located in China, and the company counts a number of Chinese tech companies as clients and considers Chinese tech giant Tencent a rival. Developers can create unique, interactive voice and video engagements that go beyond typical video conferencing solutions. The Agora began as a small publishing outfit in Washington, DC in 1978. Agora Environmental Consulting (Formerly RMB Consulting & Research) specializes in providing consulting services to industrial and utility clients and associated organizations. Find out more about how we use your information in our Privacy Policy and Cookie Policy. We use cookies on our website to enhance the user experience. As a result, Zhao’s shares give him more than 80% of all voting rights. Agora, Inc. provides real-time engagement platform that increase user engagement and retention with a developer platform for live, interactive audio, video, and messaging features. Action Alerts PLUS is a registered trademark of TheStreet, Inc. By the 1990’s the business had expanded to include several thriving publishing groups and relocated to a beautiful, historic Baltimore City neighbourhood. The Agora real-time. Active customers -- defined as customers that produced more than $100 in revenue over the prior 12 months -- totaled 1,176 at the end of March, up from 1,041 at the end of December and 678 a year earlier, according to Agora's IPO prospectus. Agora exits Q3 with explosive customer growth and a continued dedication to being the go-to, developer-friendly RTE solution on the market. Additionally, entities affiliated with Dragoneer have indicated an interest to purchase up to $50 million of the IPO ADSs at the offering price. A $6.2 million net loss was reported for 2019, but $3 million in net income was reported for Q1. You can change your choices at any time by visiting Your Privacy Controls. The Agora includes more than 20 companies which operate out of 15 different countries around the world. Sales & Marketing expenses as a percentage of total revenue rose to 30.1% as revenues have increased. Stock Advisor launched in February of 2002. Increased gross profit but reduced gross margin, Slightly increased cash flow from operations. Copyright © 2020 - All rights reserved. Why? As of December 31, 2019, Agora had $105.6 million in cash and $18.5 million in total liabilities. Agora's video chat and streaming platform doesn't focus on any one specific vertical or use case. | Nucleo Industriale di Sassa, località Cerella 67100 L'Aquila (ITALY) | Tel. Agora's API is the most widely adopted API for real-time communications around the world, installed on more than 500 million devices and rapidly growing. communication stack includes features like include voice calling, video calling, group conferencing, interactive broadcasting, and much more. Agora also intends to grant the underwriters a 30-day option to purchase up to an additional 2,625,000 ADSs to cover overallotments. During that same period, The Agora’s footprint stretched overseas, with subscribers across the globe and businesses sprouting in major cities including Paris, London, and Melbourne. Agora is here to help. Free cash flow -- a metric that can be lumpy on a quarterly basis -- was negative $4.1 million for 2019 and negative $3.4 million for Q1. See you at the top! That’s equal to a whopping 81 times 2019 revenue of $64.4 million. In your email, please specify which company(ies) is of interest to you. Notwithstanding a common grounding in the Classics, The Agora companies are a widely diversified group of publishing businesses, spanning 14 countries and 8 languages, employees from all backgrounds, and a wide span of publications on a variety of topics of importance. The Agora’s is also a culture that promotes partnership and has developed partnership relations with hundreds of businesses, large and small, all over the world. That in turn might bode well for other software firms looking to go public, such as banking software provider nCino and (reportedly) online storefront software provider/Shopify  (SHOP) - Get Report rival BigCommerce. We will be happy to connect you with the appropriate company and Customer Service team. Yahoo is part of Verizon Media. In 2021, enterprises big and small will need a solution that allows them to build applications and platforms with no limits in mind. Agora stood out for both its quality when scaled for large audiences and the level of technical customization we could use to brand the audio and video for our virtual events," said Jerry Shen, president and co-founder of Welcome. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. Collectively, the groups published dozens of newsletters and magazines in the areas of travel, health, business, and investing. The S&P 500 Index no longer admits firms with multiple classes of stock into its index. Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Agora Stock Plunged Today @themotleyfool #stocks $API, Copyright, Trademark and Patent Information. So, the IPO isn’t cheap. To listen to an audio version of this report, click on the graphic below: Shanghai, China-based Agora was founded to develop APIs for facilitating voice and video communications between people online and in real-time. Agora Powers Innovative Virtual Experiences Beyond Video Conferencing, Building 12, 8th Floor 333 Songhu Road, Yangpu District. The Series C investment follows an explosive year for the company as it experiences rapid growth. The Company offers video, voice, and live interactive streaming platform to interact and engage with others online. For comparison, Twilio, which is up about 120% on the year, trades for 26 times 2019 revenue of $1.13 billion. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. 180-day shareholder sale lockup periods will expire for two companies. In your email, please specify which company(ies) is of interest to you. Notwithstanding a common grounding in the Classics, The Agora companies are a widely diversified group of publishing businesses, spanning 14 countries and 8 languages, employees from all backgrounds, and a wide span of publications on a variety of topics of importance. The company's platform provides developers simple-to-use, customizable and widely compatible application programming interfaces to embed real-time video and voice functionalities into their applications without the need to develop the technology or build the underlying infrastructure themselves. Today, our network includes dozens of independent publishing and media companies that are privately run and have individual product lines.

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