Aurora Mobile Limited Files Its Annual Report on Form 20-F
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Insights
The filing of an annual report on Form 20-F by Aurora Mobile Limited is essentially a compliance requirement that provides transparency for the company’s financial performance and operations over the past fiscal year. To the investor community, this acts as a fundamental tool for evaluating the company's standing and future prospects. Analyzing the disclosed financial statements, investors can discern trends in revenue, profit margins and expenses, which can signal the company's operational efficiency and scalability.
Moreover, evaluating the audited financials against industry benchmarks could provide invaluable insights into how Aurora Mobile is faring relative to its competitors, especially within the customer engagement and marketing technology sector in China. Given that Aurora Mobile operates in a technology-driven industry, understanding the allocation of their budget towards research and development can also shed light on their potential for innovation and maintenance of competitive advantage.
From a financial perspective, the details in the Form 20-F can influence the company’s stock price as it encompasses critical information such as earnings, assets, liabilities and more. Investors and analysts rely on this data to build valuation models and determine intrinsic stock values. For instance, any significant year-over-year growth or decline in key performance indicators may lead to stock re-rating. It's worth noting that unexpected results against the market predictions could result in increased stock volatility.
Assessing the long-term financial health of Aurora Mobile requires examining the company’s balance sheet strength, cash flow stability and debt-to-equity ratio. These are important elements that influence its ability to invest in growth opportunities, cover liabilities and weather economic downturns. In an industry that is rapidly evolving, the capacity to sustain investment in technology without leveraging too much debt is also a key consideration for assessing resilience and risk.
SHENZHEN, China, April 15, 2024 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission on April 12, 2024. The annual report is available on the Company’s investor relations website at https://ir.jiguang.cn/.
The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be submitted to ir@jiguang.cn.
About Aurora Mobile Limited
Founded in 2011, Aurora Mobile (NASDAQ: JG) is a leading provider of customer engagement and marketing technology services in China. Since its inception, Aurora Mobile has focused on providing stable and efficient messaging services to enterprises and has grown to be a leading mobile messaging service provider with its first-mover advantage. With the increasing demand for customer reach and marketing growth, Aurora Mobile has developed forward-looking solutions such as Cloud Messaging and Cloud Marketing to help enterprises achieve omnichannel customer reach and interaction, as well as artificial intelligence and big data-driven marketing technology solutions to help enterprises' digital transformation.
For more information, please visit https://ir.jiguang.cn/.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as Aurora Mobile’s strategic and operational plans, contain forward-looking statements. Aurora Mobile may also make written or oral forward-looking statements in its reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Aurora Mobile’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Aurora Mobile’s strategies; Aurora Mobile’s future business development, financial condition and results of operations; Aurora Mobile’s ability to attract and retain customers; its ability to develop and effectively market data solutions, and penetrate the existing market for developer services; its ability to transition to the new advertising-driven SAAS business model; its ability to maintain or enhance its brand; the competition with current or future competitors; its ability to continue to gain access to mobile data in the future; the laws and regulations relating to data privacy and protection; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and Aurora Mobile undertakes no duty to update such information, except as required under applicable law.
For more information, please contact:
Aurora Mobile Limited
E-mail: ir@jiguang.cn
Christensen
In China
Ms. Xiaoyan Su
Phone: +86-10-5900-1548
E-mail: Xiaoyan.Su@christensencomms.com
In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: linda.bergkamp@christensencomms.com
FAQ
When did Aurora Mobile file its annual report on Form 20-F?
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