Agora, Inc.
APITechnologyNASDAQSoftware - Application · Last scanned Jun 1, 2026
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Daily timeframeHeadquartered within the technology sector, Agora, Inc. focuses on Software - Application services and products. Agora, Inc., through its subsidiaries, engages in the operation of a real-time engagement platform-as-a-service in the United States, the People's Republic of China, and internationally. The $346.7M market capitalization puts API squarely in small-cap range for its industry. Its RTE-PaaS platform enables real-time engagement for concurrent end users which offers real-time engagement offerings, such as video calling, voice calling, live streaming, chat, signaling, conversational AI engine, and convo AI device kit.
Market Cap
$346.7M
Beta
—
P/E (TTM)
45.56
P/E (Fwd)
-45.56
EPS (TTM)
$0.09
EPS (Fwd)
$-0.09
ROE
1.8%
ROA
-0.6%
Cash
$339.7M
Total Debt
$92.7M
Free CF
-$26.0M
52W Change
18.5%
Annual Financials
Cash vs Debt
With $339.7M in cash and $92.7M in debt, API maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. The company is burning cash, with free cash flow at -$26.0M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at 1.8%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has pulled back from $160.7M (2022) to $141.1M (2025), a 12% decline worth watching.
The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Agora, Inc. and its sector.