Aurora Mobile Limited
- Open
- 4.56
- Day high
- 4.71
- Day low
- 4.49
- Prev close
- 4.70
- Volume
- 6K
- Mkt cap
- $28M
- P/E (TTM)
- 49.0
- EPS (TTM)
- $0.09
- P/B
- 3.0
- P/S
- 0.5
- Yield
- —
- Per share
- —
- ▼Insiders net selling -$58K over the last 3 months (0 open-market buys, 2 sales)
Aurora Mobile Limited (JG) is a Technology company listed on NASDAQ. The stock is down 57% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 2 sales (SEC Form 4).
Aurora Mobile Limited (JG) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
JG earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 26, 2026 | — | $0.04 | — | $13M | — |
| Mar 12, 2026 | — | $0.16 | — | $15M | +14.5% |
| Nov 13, 2025 | — | $0.02 | — | $13M | +11.8% |
| Aug 28, 2025 | — | $0.01 | — | $13M | +11.2% |
| May 29, 2025 | — | $-0.05 | — | $12M | +22.7% |
| Mar 13, 2025 | $-0.01 | $-0.02 | -103.5% | $13M | +12.5% |
| Nov 14, 2024 | $-0.02 | $-0.04 | -95.7% | $11M | +6.4% |
| Aug 29, 2024 | $-0.02 | $0.01 | +150.7% | $11M | +0.2% |
| Jun 6, 2024 | — | $-0.03 | — | $9M | +2.0% |
| Mar 12, 2024 | $-0.20 | $-0.04 | +80.4% | $11M | +6.0% |
| Nov 16, 2023 | $-0.40 | $-0.01 | +97.1% | $10M | -14.5% |
| Aug 31, 2023 | $-0.59 | $-0.20 | +66.2% | $10M | -14.6% |
JG insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 15, 2026 | Lee Hon Sangdirector | Sell | 10,000 | $5.70 |
| Jun 3, 2026 | Lee Hon Sangdirector | Sell | 182 | $5.95 |
| Mar 27, 2026 | Lee Hon Sangdirector | Sell | 1,452 | $7.00 |
Source: JG SEC Form 4 filings, latest Jun 15, 2026. For informational purposes only — not investment advice.
See the full JG insider & 13F page →Aurora Mobile Limited company profile
Overview
Aurora Mobile Limited (NASDAQ:JG) is a Chinese mobile app developer service provider founded in 2011 and headquartered in Shenzhen. The company went public on NASDAQ in July 2018. Aurora Mobile operates as a mobile infrastructure service provider, offering push notification services, analytics, and various developer tools primarily to Chinese mobile app developers. In recent years, the company has expanded internationally through its EngageLab platform and diversified into vertical applications including financial risk management and market intelligence solutions.
Business
Aurora Mobile operates in the mobile app infrastructure and developer services industry, providing essential backend services that mobile applications need to function effectively. The company's core offering is JPush, a push notification service that allows mobile apps to send messages, alerts, and updates directly to users' devices even when the app is not actively running. Push notifications are critical for mobile app engagement, enabling features like news alerts, promotional messages, chat notifications, and system updates. The company operates through two main business segments: 1. Developer Services (approximately 60-65% of revenue): This segment includes subscription-based services like JPush for push notifications, instant messaging capabilities, analytics tools, and SMS services. The company also offers value-added services including one-click verification and sharing functionalities. Recently, Aurora expanded internationally with EngageLab, a global messaging platform that provides multi-channel communication services including email, SMS, and push notifications to overseas customers. 2. Vertical Applications (approximately 35-40% of revenue): This segment leverages Aurora's data and technology capabilities to serve specific industries. It includes Financial Risk Management solutions that help banks and lending institutions assess credit risk, and Market Intelligence services through their iApp product, which provides mobile app usage analytics and market research to investment funds and corporations. The company also offers location-based intelligence solutions for retailers and real estate developers to analyze foot traffic and optimize site selection. Aurora's services are essential infrastructure for China's mobile internet ecosystem, similar to how companies like Twilio provide communication APIs in Western markets.
Revenue model
Aurora Mobile generates revenue through multiple business models across its service offerings. The Developer Services segment operates primarily on a subscription-based Software-as-a-Service (SaaS) model, where mobile app developers pay recurring fees based on usage tiers for services like push notifications, analytics, and messaging. The company also earns transaction-based revenue from SMS services and value-added features. The Vertical Applications segment generates revenue through service fees and licensing arrangements. Financial institutions pay for risk assessment services, while corporations and investment funds purchase market intelligence reports and analytics. Location-based intelligence services are sold to retailers and real estate companies on a project or subscription basis. Key factors that influence Aurora's margins include the cost of cloud infrastructure and telecommunications services, particularly SMS delivery costs paid to telecom operators which directly impact gross margins. The company's international expansion through EngageLab offers higher average revenue per user (ARPU) compared to domestic Chinese customers, potentially improving overall margins. Competition from larger tech platforms like Alibaba Cloud and Tencent Cloud puts pressure on pricing, while regulatory changes in China's mobile internet industry can affect demand patterns. The company's shift toward higher-margin subscription services and international markets, combined with aggressive cost management including headcount reductions and cloud infrastructure optimization, has helped improve profitability. Economic conditions affecting mobile app development activity and enterprise spending on marketing and risk management services also significantly impact revenue growth.
Competitive moat
Aurora Mobile's competitive moat is relatively narrow and faces significant challenges. The company's primary advantage lies in its early market entry and established customer relationships in China's mobile developer ecosystem, with over 4,700 customers accumulated since 2011. Its push notification infrastructure and developer tools have created some switching costs, as migrating these core services can be technically complex for app developers. However, Aurora's moat is under pressure from several directions. Large Chinese cloud providers like Alibaba Cloud and Tencent Cloud offer competing developer services as part of broader cloud platforms, leveraging superior resources and ecosystem integration. These platforms can potentially offer similar services at lower prices or bundle them with other cloud services. International expansion through EngageLab faces established competitors like Twilio, SendGrid, and other global communication platform providers who have stronger brand recognition and more mature international operations. The company's vertical applications provide some differentiation, particularly in financial risk management where domain expertise and data assets create barriers to entry. However, these markets are relatively small and face competition from specialized fintech companies and larger technology providers expanding into these areas. Aurora's transition to profitability and focus on operational efficiency demonstrates management's ability to adapt, but the fundamental challenge remains that mobile developer services are increasingly becoming commoditized infrastructure offerings dominated by larger platform players with greater resources and broader service portfolios.
Risks & safety
Aurora Mobile presents a moderate margin of safety with improving but still concerning financial metrics: • Liquidity concerns: Current ratio of 0.71 indicates current liabilities exceed current assets by approximately $10.6 million, though the company maintains $16.4 million in cash and short-term investments • Debt levels: Relatively low debt-to-equity ratio of 0.31, indicating manageable debt burden • Profitability trend: Company achieved first full year of profitability in 2024 with positive operating cash flow of $1.2 million and free cash flow of $489k, marking significant improvement from previous losses • Valuation metrics: Trading at 4.5x book value with negative historical earnings making P/E ratios unreliable; EV/EBITDA ratios have been negative due to past losses but improving operational performance • Scale limitations: Small market cap of approximately $59 million makes the stock illiquid and volatile; revenue base of $43.4 million provides limited scale advantages • Working capital: Negative working capital position requires careful cash flow management, though deferred revenue provides some stability
Recent development
Over the past few years, Aurora Mobile has undergone significant strategic transformation focused on three key areas. The company's most important initiative has been international expansion through EngageLab, launched as a global messaging platform serving customers across 37 countries and regions. This overseas business has grown from minimal contribution to generating RMB 48 million in cumulative contract value with 678 customers, representing a crucial diversification away from the challenging Chinese market. The second major pivot has been aggressive cost optimization and operational restructuring. Management reduced headcount from over 600 employees to approximately 415, optimized cloud infrastructure costs, and consolidated office space. These efforts helped the company achieve its first full year of profitability since inception in 2024, with six consecutive quarters of positive adjusted EBITDA. Aurora has also embraced an "AI First" strategy, integrating artificial intelligence capabilities across its service offerings. The company integrated ChatGPT technology into its push notification and email services to improve content generation and engagement rates. More recently, Aurora has been developing GPTBots.ai, an enterprise-level AI agent platform, leveraging its existing customer base to cross-sell AI applications and services. This AI integration represents an attempt to differentiate its services and capture higher-value opportunities in the evolving mobile infrastructure landscape.
JG company profile · for informational purposes only — not investment advice.
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