Voice Network Achieves Third Consecutive Profitable Quarter, Revenue Up 0.1%

Voice Network (API.US) has reported its financial results for the second quarter of 2025, showcasing a modest year-over-year revenue growth of 0.1%, amounting to $34.3 million. This marks the third consecutive quarter in which the company has achieved GAAP profitability, with a net income of $1.5 million, a significant improvement from the $9.2 million net loss reported in the same period last year. The basic and diluted earnings per ADS were $0.02 and $0.01, respectively, compared to a loss of $0.10 per share in the previous year.

The company's revenue in China amounted to 115.5 million yuan, a 12.4% decrease year-over-year. In contrast, Agora, which focuses on non-China markets, reported a 16.7% year-over-year increase in revenue, totaling $18.2 million. As of June 30, 2025, Voice Network had 1,997 active customers, a 1.4% increase year-over-year, while Agora had 1,880 active customers, a 12.4% increase year-over-year.

The company's cash reserves, including cash, cash equivalents, bank deposits, and bank financial products, stood at $377.3 million as of June 30, 2025. Founder, Chairman, and CEO Zhao Bin expressed pride in achieving GAAP profitability for the third consecutive quarter, attributing this success to steady revenue growth and continuous efficiency improvements. Since launching the conversational AI engine in March, the company has collaborated with multiple clients to develop voice-enabled solutions for various applications, including call centers and AI companion toys. These solutions are already in practical use, and the company plans to further integrate vertical expertise to enhance solution performance. Zhao Bin is confident that Voice Network's technology will bring transformative impacts to industries such as customer service, education, and smart devices.

Looking ahead, the company anticipates total revenue for the third quarter of 2025 to range between $34 million and $36 million, representing a year-over-year growth of 7.6% to 13.9%. This forecast reflects the company's optimism and strategic initiatives aimed at sustaining growth and profitability. The company's focus on integrating vertical expertise and enhancing solution performance is expected to drive further innovation and market expansion. With a strong cash reserve and a growing customer base, Voice Network is well-positioned to capitalize on emerging opportunities in the technology sector.