KNOREX Provides Business Update and Reports 2025 Fiscal Year Financial Results
KNOREX reported fiscal 2025 revenue of $6.0 million, down from $10.8 million in the prior year, while its net loss widened to $11.5 million. The company attributed the revenue decline to the loss of a large automotive client but noted that excluding this impact, revenue grew 21%. Cash and cash equivalents stood at just $129,000 as of December 31, 2025, underscoring immediate liquidity needs despite the completion of the NYSE American listing.
Key figures
- Revenue
- $6.0 million
- Net loss
- $11.5 million
- Gross profit
- $2.9 million
- Revenue prior year
- $10.8 million
- Net loss prior year
- $5.9 million
- Cash and equivalents
- 129000
- Gross profit prior year
- $4.5 million
- Pro forma revenue growth ex auto
- 21%
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