Agora Inc (API) - Net Assets
Based on the latest financial reports, Agora Inc (API) has net assets worth $554.59 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($724.20 Million) and total liabilities ($169.62 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible equity quality of Agora Inc to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $554.59 Million |
| % of Total Assets | 76.58% |
| Annual Growth Rate | 25.31% |
| 5-Year Change | -35.03% |
| 10-Year Change | N/A |
| Growth Volatility | 170.17 |
Agora Inc - Net Assets Trend (2018–2025)
This chart illustrates how Agora Inc's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Agora Inc to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Agora Inc (2018–2025)
The table below shows the annual net assets of Agora Inc from 2018 to 2025. For live valuation and market cap data, see market cap of Agora Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $562.85 Million | -1.71% |
| 2024-12-31 | $572.66 Million | -5.31% |
| 2023-12-31 | $604.75 Million | -16.96% |
| 2022-12-31 | $728.26 Million | -15.93% |
| 2021-12-31 | $866.26 Million | +31.96% |
| 2020-12-31 | $656.46 Million | +482.60% |
| 2019-12-31 | $112.68 Million | -2.88% |
| 2018-12-31 | $116.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Agora Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 40447914600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $47.00K | 0.01% |
| Other Comprehensive Income | $-9.99 Million | -1.77% |
| Other Components | $1.05 Billion | 186.53% |
| Total Equity | $562.85 Million | 100.00% |
Agora Inc Competitors by Market Cap
The table below lists competitors of Agora Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
3I Group PLC
LSE:III
|
$276.43 Million |
|
MC Group Public Company Limited
BK:MC
|
$276.48 Million |
|
Aurotek Corp
TW:6215
|
$276.48 Million |
|
Rongyu Group Co Ltd
SHE:002622
|
$276.57 Million |
|
Hitit Bilgisayar Hizmetleri AS
IS:HTTBT
|
$276.43 Million |
|
Polyplex (Thailand) Public Company Limited
BK:PTL-R
|
$276.31 Million |
|
The Orissa Minerals Development Company Limited
NSE:ORISSAMINE
|
$276.29 Million |
|
MegaStudyEdu Co. Ltd
KQ:215200
|
$276.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Agora Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 572,661,000 to 562,850,400, a change of -9,810,600 (-1.7%).
- Net income of 9,553,199 contributed positively to equity growth.
- Share repurchases of 27,792,309 reduced equity.
- Other comprehensive income increased equity by 2,269,958.
- Other factors increased equity by 6,158,552.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $9.55 Million | +1.7% |
| Share Repurchases | $27.79 Million | -4.94% |
| Other Comprehensive Income | $2.27 Million | +0.4% |
| Other Changes | $6.16 Million | +1.09% |
| Total Change | $- | -1.71% |
Book Value vs Market Value Analysis
This analysis compares Agora Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.74x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 3.70x to 0.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $1.14 | $4.22 | x |
| 2019-12-31 | $1.11 | $4.22 | x |
| 2020-12-31 | $6.33 | $4.22 | x |
| 2021-12-31 | $7.86 | $4.22 | x |
| 2022-12-31 | $6.53 | $4.22 | x |
| 2023-12-31 | $6.07 | $4.22 | x |
| 2024-12-31 | $6.14 | $4.22 | x |
| 2025-12-31 | $5.69 | $4.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Agora Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.77%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.28x
- Recent ROE (1.70%) is above the historical average (-6.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.32% | 0.86% | 0.34x | 1.10x | $-11.23 Million |
| 2019 | -5.48% | -9.59% | 0.49x | 1.16x | $-17.45 Million |
| 2020 | -0.47% | -2.33% | 0.19x | 1.06x | $-68.76 Million |
| 2021 | -8.39% | -43.27% | 0.18x | 1.09x | $-159.31 Million |
| 2022 | -16.56% | -75.08% | 0.20x | 1.10x | $-193.45 Million |
| 2023 | -14.42% | -61.62% | 0.21x | 1.12x | $-147.69 Million |
| 2024 | -7.46% | -32.06% | 0.19x | 1.22x | $-99.99 Million |
| 2025 | 1.70% | 6.77% | 0.20x | 1.28x | $-46.73 Million |
Industry Comparison
This section compares Agora Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $961,395,124
- Average return on equity (ROE) among peers: -36.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Agora Inc (API) | $554.59 Million | 0.32% | 0.31x | $276.43 Million |
| Adobe Systems Incorporated (ADBE) | $616.97 Million | 33.33% | 0.51x | $79.34 Billion |
| ADEIA CORP (ADEA) | $418.32 Million | 10.79% | 0.06x | $3.40 Billion |
| Automatic Data Processing Inc (ADP) | $3.41 Billion | 17.77% | 0.52x | $87.45 Billion |
| Autodesk Inc (ADSK) | $296.90 Million | 20.95% | 0.36x | $40.93 Billion |
| AudioEye Inc (AEYE) | $1.57 Million | -497.00% | 4.84x | $71.03 Million |
| Agilysys Inc (AGYS) | $132.80 Million | 4.88% | 0.61x | $2.01 Billion |
| BlockchAIn Digital Infrastructure, Inc (AIB) | $9.98 Million | 52.24% | 0.32x | $43.69 Million |
| Firefly Neuroscience, Inc. (AIFF) | $-2.11 Million | 0.00% | 0.00x | $20.47 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.98 Million | 0.00% | 0.00x | $8.14 Million |
| Alight Inc (ALIT) | $4.74 Billion | -7.28% | 1.27x | $311.26 Million |
About Agora Inc
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. 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 en… Read more