Agora, Inc. balance sheet

At the end of fiscal 2025, Agora, Inc. had total assets of $721m, total liabilities of $158m and shareholders' equity of $563m. It held $75.4m in cash against $80.4m of debt.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Agora, Inc.: balance sheet, annual
Fiscal year	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	109	106	111	286	46	37	27	75
Receivables	—	16	28	33	33	35	31	25
Total current assets	—	123	671	798	485	261	328	260
Goodwill	—	0	3	56	32	0	—	—
Total assets	—	131	693	945	801	675	700	721
Accounts payable	—	4	8	5	10	13	13	10
Deferred revenue (current)	—	1	1	—	—	—	—	—
Total current liabilities	—	18	36	74	72	57	58	57
Long-term debt	—	—	—	—	0	11	46	80
Total debt	0	0	0	0	0	11	46	80
Total liabilities	—	18	36	79	72	70	127	158
Shareholders' equity	−73	−127	656	866	728	605	573	563
Non-controlling interests and other (assets − liabilities − equity)	—	240	—	—	—	—	—	—
Shares outstanding	—	30m	—	112m	107m	92m	93m	87m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Agora, Inc.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Agora, Inc.