KNOREX LTD. most recently reported annual revenue of $6.0M, a net loss of $12.0M. Revenue grew at an average annual rate of 10.7% over the last 4 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.
KNOREX LTD.: Revenue rose from $4.0M in 2021 to $6.0M in 2025, a change of +50.0% over 4 years; net profit was positive in 0 of 5 reported years; operating margin moved from -126.1% to -155.5%, a shift of -29.4 percentage points; the most recent year shows a net loss of $12.0M.
Income Statement — 5 Years (USD millions)
Metric
2021
2022
2023
2024
2025
Revenue
$4.0M
$6.0M
$9.0M
$11.0M
$6.0M
Operating Expenses
$9.0M
$13.0M
$17.0M
$16.0M
$15.0M
Operating Profit
$-5.0M
$-6.0M
$-8.0M
$-6.0M
$-9.0M
Operating Margin
-126.1%
-101.9%
-91.2%
-50.9%
-155.5%
Other Income
$0
$0
$0
$0
$-2.0M
Interest
$0
$0
$0
$0
$2.0M
Depreciation
$0
$0
$1.0M
$1.0M
$1.0M
Profit Before Tax
$-5.0M
$-7.0M
$-8.0M
$-6.0M
$-11.0M
Tax
$-590,000
$-660,000
$-420,000
$-1.0M
$-910,000
Net Profit
$-5.0M
$-7.0M
$-8.0M
$-6.0M
$-12.0M
EPS
$-0.18
$-0.23
$-0.26
$-0.19
$0.00
Dividend Payout
0.0%
0.0%
0.0%
0.0%
0.0%
Quarterly Results — Last 12 Quarters (USD millions)
Metric
Mar '23
Jun '23
Sep '23
Dec '23
Mar '24
Jun '24
Sep '24
Dec '24
Mar '25
Jun '25
Sep '25
Dec '25
Revenue
$2.0M
$2.0M
$2.0M
$2.0M
$3.0M
$3.0M
$3.0M
$3.0M
$1.0M
$1.0M
$2.0M
$2.0M
Operating Expenses
$4.0M
$4.0M
$4.0M
$4.0M
$4.0M
$4.0M
$4.0M
$4.0M
$3.0M
$3.0M
$4.0M
$4.0M
Operating Profit
$-2.0M
$-2.0M
$-2.0M
$-2.0M
$-1.0M
$-1.0M
$-1.0M
$-1.0M
$-2.0M
$-2.0M
$-3.0M
$-3.0M
Operating Margin
-106.8%
-106.8%
-78.6%
-78.6%
-51.1%
-51.1%
-50.7%
-50.7%
-128.4%
-128.4%
-179.4%
-179.4%
Interest
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Profit Before Tax
$-2.0M
$-2.0M
$-2.0M
$-2.0M
$-1.0M
$-1.0M
$-1.0M
$-1.0M
$-2.0M
$-2.0M
$-3.0M
$-3.0M
Tax
$-80,000
$-80,000
$-730,000
$-730,000
$-560,000
$-560,000
$-1.4M
$-1.4M
$-1.6M
$-1.6M
$-420,000
$-420,000
Net Profit
$-2.0M
$-2.0M
$-2.0M
$-2.0M
$-1.0M
$-1.0M
$-1.0M
$-1.0M
$-2.0M
$-2.0M
$-3.0M
$-3.0M
EPS
$0.00
$0.00
$0.00
$0.00
$-0.05
$-0.05
$-0.05
$-0.05
$-0.08
$-0.08
$-0.12
$-0.12
Over the 5 years reported for KNOREX LTD., borrowings increased from $2.0M in 2021 to $7.0M in 2025, cash stood at $0 in the latest year, shareholders' equity was $0, current assets covered current liabilities 0.46 times.
Balance Sheet — 5 Years (USD millions)
Metric
2021
2022
2023
2024
2025
Total Assets
$2.0M
$4.0M
$6.0M
$5.0M
$7.0M
Current Assets
$2.0M
$3.0M
$4.0M
$3.0M
$6.0M
Cash
$1.0M
$1.0M
$2.0M
$1.0M
$0
Inventory
$0
$0
$0
$0
$0
Receivables
$1.0M
$2.0M
$2.0M
$2.0M
$2.0M
Fixed Assets
$0
$0
$0
$0
$0
Capital Work in Progress
$0
$0
$0
$0
$0
Investments
$0
$0
$0
$0
$0
Other Assets
$0
$0
$0
$0
$0
Total Liabilities
$8.0M
$12.0M
$6.0M
$10.0M
$13.0M
Current Liabilities
$6.0M
$11.0M
$5.0M
$9.0M
$13.0M
Borrowings
$2.0M
$9.0M
$1.0M
$6.0M
$7.0M
Other Liabilities
$6.0M
$3.0M
$4.0M
$4.0M
$6.0M
Equity
$0
$0
$0
$0
$0
Reserves
$-5.0M
$-8.0M
$0
$-4.0M
$-6.0M
For KNOREX LTD., operating cash flow was positive in 0 of 5 reported years; free cash flow in the latest year was negative at $11.0M; free cash flow was positive in 0 of 5 years; financing activities used $2.0M in the latest year, which covers debt repayment, dividends and buybacks.
KNOREX LTD. (KNRX) reported annual revenue of $6.0M in its most recent fiscal year.
What is KNOREX LTD.'s net profit?
KNOREX LTD. (KNRX) reported a net loss of $12.0M in its most recent fiscal year.
What is KNRX EV/EBITDA?
KNOREX LTD.'s enterprise value to EBITDA (EV/EBITDA) ratio is -1.70. A negative value means EBITDA was negative over the period, so the ratio is not a meaningful valuation measure.