Home Trending Stocks Aurora Mobile Ltd. (JG) Stock Prices on the Rise Following Partnership with...

Aurora Mobile Ltd. (JG) Stock Prices on the Rise Following Partnership with UU Paotui

Aurora Mobile Limited (JG) stock prices were up 6.96% as of market close on April 26th 2021, bringing the price per share up to USD$3.69. Subsequent pre-market fluctuations saw the stock price climb marginally by 0.81% to hit USD$3.72.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

Financial Performance of SAAS Businesses

Financial reports for SAAS businesses, since they will be what is left from Q1 2021 onwards, have seen growth across the board. Q4 2020 reports indicated revenue of USD$11.7 million, an increase of 17% both year-over-year and quarter-over-quarter. Gross profit enjoyed a 28% increase year-over-year and 20% increase compared to the previous quarter with reports of USD$9 million. The gross margin was 76.65%, up from the 70.3% reported in the same quarter of the previous year.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Read More

Year-over-Year Financial Growth

SAAS business revenues for the full fiscal year 2020 were reported at USD$39.5 million, representing a 21% increase from the previous year. Gross profit for 2020 was 24% higher than that of 2019, clocking in at USD$29.8 million. Gross margin was up to 75% for 2020 while it had been 73.4% in 2019.

Launch of JG UMS

Over the course of 2020, the company announced the addition of the new In-App messaging facility to augment their JG Alliance product portfolio. The company also launched JG Unification Messaging System that provides businesses a single integrated communication management platform to help reach targeted customers with more efficiency and less costs. The messaging platform utilizes a flexible routing strategy to reduce costs and provides an operational simplicity that sets it apart.

Launch of JG VaaS

The company has also launched GJ Video-as-a-Service (VaaS), a replacement for the myriad of exclusive and centralized short video apps with its facilitation of the consumption of short videos anytime and anywhere by users. JG VaaS allows app developers to embed user-friendly short video content within their applications, as a means of enhancing user experience. This increases user engagement and audience retention, which, in turn, drives monetization potential.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

Future Outlook for JG

With strong financial reports to back them and a strong roster of recent product launches, JG is poised to leverage the resources at its disposal to facilitate further sustained growth and increases in shareholder value. Current and prospective investors are hopeful that the company will be able to further penetrate the market to expand its paying retail customer base as well as its ARPU for their developer subscription business.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Palatin Technologies Inc. (PTN) stock rises during pre-market trading. What has been happening lately?

Palatin Technologies Inc. (NASDAQ: PTN) stock declined by 1.16% the last close whereas the PTN stock price gains by 3.91% in the pre-market trading...

Smith Micro Develops Inc. (SMSI) stock soars during current market trading. Here’s to know why?

Smith Micro Develops Inc. (NASDAQ: SMSI) stock surged by 2.39% during the current market trading session. Smith Micro creates software that simplifies and improves...

Drive Shack Inc. (DS) stock soars during after-hour trading, followed by no recent update

Drive Shack Inc. (NASDAQ: DS) stock declined by 3.94% at last close while the DS stock-price surged by 7.38% in the after-hour session. Drive...

SPX Flow Inc. (FLOW) stock surged during current market. Here’s why the stock is sky-rocketing?

SPX Flow Inc. (NASDAQ: FLOW) stock gained by 24.24% in the current market trading session. SPX FLOW, based in Charlotte, works to make the...

Platinum Group Metal Ltd. (PLG) stock surges during after-market trading. Here’s to know what’s happening?

Platinum Group Metal Ltd. (NASDAQ: PLG) stock declined by 8.54% at last close whereas the PLG stock price gains by 7% in the after-market...

TD Holdings Inc. (GLG) stock gains during current market trading. Here’s the recent update

TD Holdings Inc. (NASDAQ: GLG) stock gains by 5.01% in the current market trading session. TD Holdings, Inc. is a service provider in China...

Palatin Technologies Inc. (PTN) stock rises during pre-market trading. What has been happening lately?

Palatin Technologies Inc. (NASDAQ: PTN) stock declined by 1.16% the last close whereas the PTN stock price gains by 3.91% in the pre-market trading...

NeuroMetrix Inc. (NURO) stock plunged during pre-market. Let’s find out why?

NeuroMetrix Inc. (NASDAQ: NURO) stock gained by 18.89% at last close while the NURO stock price losses by -4.12% in the pre-market trading session....

Related News

Palatin Technologies Inc. (PTN) stock rises during pre-market trading. What has been happening lately?

Palatin Technologies Inc. (NASDAQ: PTN) stock declined by 1.16% the last close whereas the PTN stock price gains by 3.91% in the pre-market trading...

Smith Micro Develops Inc. (SMSI) stock soars during current market trading. Here’s to know why?

Smith Micro Develops Inc. (NASDAQ: SMSI) stock surged by 2.39% during the current market trading session. Smith Micro creates software that simplifies and improves...

Drive Shack Inc. (DS) stock soars during after-hour trading, followed by no recent update

Drive Shack Inc. (NASDAQ: DS) stock declined by 3.94% at last close while the DS stock-price surged by 7.38% in the after-hour session. Drive...

SPX Flow Inc. (FLOW) stock surged during current market. Here’s why the stock is sky-rocketing?

SPX Flow Inc. (NASDAQ: FLOW) stock gained by 24.24% in the current market trading session. SPX FLOW, based in Charlotte, works to make the...

Platinum Group Metal Ltd. (PLG) stock surges during after-market trading. Here’s to know what’s happening?

Platinum Group Metal Ltd. (NASDAQ: PLG) stock declined by 8.54% at last close whereas the PLG stock price gains by 7% in the after-market...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam