KNOREX Ltd. (NYSE American: KNRX) (“KNOREX” or the “Company”), a leading provider of AI-driven cross-channel advertising technology solutions, today provided a business update and reported financial results for the fiscal year ended December 31, 2025. The Company previously disclosed that it required additional time to complete its year-end reporting process following its transition to a U.S. public company. The 20-F filing has now been completed and is available on the SEC’s website at www.sec.gov.
Business Highlights
- Completed public listing on NYSE American in September 2025, marking a key milestone in the Company’s evolution
- Secured and executed multiple enterprise campaigns and contracts across industries such as legal marketing, automotive, B2B and various other verticals digital campaigns
- Expanded platform utilization, driven by demand for unified, AI-powered cross-channel advertising across search, social, CTV/OTT, and display
- Enhanced AI capabilities, including continued development of the KAIROS™ AI engine to improve campaign performance and return on ad spend (ROAS)
- Introduced new product innovations, including an agentic AI-ready Ads API to support automation and deeper integrations
“Fiscal year 2025 was a defining and transformative year for KNOREX, highlighted by our successful transition to a publicly listed company on the NYSE American in September,” said Dr. Justin Choo, CEO of KNOREX. “While our financial results reflected near-term revenue headwinds, we continued executing against the strategic initiatives that we believe position the Company for long-term growth. As part of that transition, we recently completed our first Annual Report on Form 20-F. We appreciate our shareholders’ patience and support throughout this process, as ensuring a comprehensive and accurate filing was an important priority for our team.”
“As previously disclosed, one of our largest agency customers experienced the loss of its largest automotive client due to external factors unrelated to KNOREX, including the impact of U.S. import tariffs on our customer’s end client, resulting in a decline in revenue. At the same time, we intentionally shifted our focus toward prospects who fit our ideal customer profile (ICP) across certain verticals, with an emphasis on automation through AI. While these factors had a short-term impact on revenue, we continue to expand and diversify our revenue base while executing against our long-term strategic priorities. In fact, excluding the aforementioned automotive client, our revenue increased 21%.”
“Despite these near-term headwinds, we continued to strengthen the foundation of our business by expanding enterprise customer engagement, enhancing our AI-driven platform capabilities, and investing in product innovation designed to support long-term scalable growth. We believe the continued adoption of AI-powered advertising and automation solutions across the digital marketing ecosystem positions KNOREX well for future growth opportunities.”
“Throughout the year, we secured and executed campaigns across multiple industries, increased utilization of our platform across search, social, CTV/OTT, display, and other digital channels, and continued advancing our proprietary KAIROS™ AI engine to improve campaign performance, operational efficiency, and return on ad spend for customers. In addition, the introduction of our agentic AI-ready ads API marks an important step toward simplifying adoption of our solutions while expanding automation capabilities and enabling deeper integration opportunities for customers and partners.”
“Our XPO platform continues to deliver measurable value to customers through higher conversion quality, more efficient customer acquisition, enhanced campaign optimization, and expanded cross-channel reach. As advertisers increasingly seek simpler, unified, and data-driven solutions to navigate an increasingly fragmented digital advertising landscape, we believe our differentiated AI-driven approach positions us well to capitalize on long-term market opportunities.”
“Looking ahead, we remain focused on scaling platform adoption in select markets, streamlining onboarding, strengthening customer relationships, improving operating leverage, increasing revenue opportunities, and continuing to invest in the technologies and capabilities that we believe will drive long-term differentiation and sustainable shareholder value.”
2025 Fiscal Year Financial Results
- Revenue for the 2025 fiscal year was $6.0 million compared to $10.8 million for the 2024 fiscal year.
- Gross profit for the 2025 fiscal year was $2.9 million compared to $4.5 million for the 2024 fiscal year.
- Net loss for the 2025 fiscal year was $11.5 million compared to $5.9 million for the 2024 fiscal year.
- Cash and cash equivalents were $129,000 as of December 31, 2025.
About KNOREX Ltd.
Founded in 2009, KNOREX Ltd. (NYSE American: KNRX) is a B2B technology company that provides AI-driven cross-channel programmatic advertising products and solutions to help businesses to simplify digital advertising and accelerate growth. The Company’s flagship platform, KNOREX XPOsm, is an AI-powered, cloud-based programmatic advertising technology platform that enables marketers to efficiently plan, execute, and optimize cross-channel ad campaigns across a diverse range of digital media, including social media, search, CTV/OTT, video, audio, display, native, and digital-out-of-home (DOOH) advertising.
By leveraging advanced AI/ML-driven automation, KNOREX XPO allows advertisers to streamline workflows, enhance campaign performance, reduce wasted ad spend, and scale their marketing efforts with greater efficiency and transparency. The platform is designed to address the growing complexity in digital advertising by centralizing campaign execution, management, and analytics into a unified, data-driven workflow.
KNOREX serves global enterprises, agencies, and brands across multiple industries, helping them navigate the rapidly evolving digital advertising landscape with automated, scalable, and data-driven solutions. The Company maintains operations across the United States, Vietnam, India, Malaysia, and Singapore.
For additional information, please visit www.knorex.com.
FORWARD-LOOKING STATEMENTS
Certain statements in this press release are “forward-looking statements” as defined under the federal securities laws, including, but not limited to, the Company’s expectations regarding the completion, timing and size of the proposed Offering and statements regarding the use of proceeds from the sale of the Company’s shares in the Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can find many (but not all) of these statements by the use of words such as “believe,” “plan,” “expect,” “intend,” “should,” “seek,” “estimate,” “will,” “aim,” and “anticipate,” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.
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