KNOREX LTD. (KNRX) Income Statement

NYSE American: KNRXRevenue, profits, margins and EPS over 5 years.

KNRX 2025 at a glance

Fiscal year ended December 31, 2025 · U.S. dollars
Revenue−44.2%
$6.0M
2025 · hover or tap a bar for each year
2021: $4.2M2022: $6.3M (+51.1%)2023: $8.7M (+38.1%)2024: $10.8M (+24.0%)2025: $6.0M (−44.2%)
20212025
Gross profit−34.9%
$2.9M
2025 · hover or tap a bar for each year
2021: $1.3M2022: $1.8M (+39.0%)2023: $3.2M (+78.5%)2024: $4.5M (+40.0%)2025: $2.9M (−34.9%)
20212025
Operating income
−$9.4M
2025 · hover or tap a bar for each year
2021: −$5.3M2022: −$6.4M2023: −$8.0M2024: −$5.5M2025: −$9.4M
20212025
Net income
−$11.5M
2025 · hover or tap a bar for each year
2021: −$5.4M2022: −$6.7M2023: −$8.0M2024: −$5.9M2025: −$11.5M
20212025
EPS (diluted)
−$0.40
2025 · hover or tap a bar for each year
2024: −$0.192025: −$0.40
20212025
Net profit margin−136.8 pts
−191.2%
2025 · hover or tap a point for each year
2021: −129.4%2022: −106.1% (+23.3 pts)2023: −91.2% (+14.8 pts)2024: −54.4% (+36.9 pts)2025: −191.2% (−136.8 pts)
20212025

KNRX revenue and net income

RevenueNet incomeNet margin (right axis)

Where KNRX's revenue goes

2025
Revenue
$6.0M100.0%
Cost of revenue
−$3.1M−51.2%
Gross profit
$2.9M48.8%
Research & development
−$2.5M−41.0%
Sales, general & admin
−$7.2M−119.7%
Other operating expenses
−$2.6M−43.6%
Operating income
−$9.4M−155.5%
Interest & other expense
−$2.1M−34.0%
Income taxes
−$103,616−1.7%
Net income
−$11.5M−191.2%

Each bar shows an amount and its share of revenue. KNRX kept −191.2% of revenue as net income.

KNRX profit margins

GrossOperatingNet

KNRX growth rates

to 2025
1 year3 years5 years10 years
Revenue−44.2%−1.5%——
Gross profit−34.9%+17.6%——
Operating income————
Net income————
EPS (diluted)————

1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.

KNRX quarterly EPS vs estimates

Reported EPSAnalyst estimate

KNOREX LTD. beat the analyst EPS estimate in 0 of the last 1 quarters.

KNRX income statement

KNOREX LTD. annual income statement
20252024202320222021
Revenue$6.0M$10.8M$8.7M$6.3M$4.2M
Cost of revenue$3.1M$6.3M$5.5M$4.5M$2.9M
Gross profit$2.9M$4.5M$3.2M$1.8M$1.3M
Research & development$2.5M$2.6M$2.0M$1.4M$1.1M
Sales, general & admin$7.2M$4.7M$5.5M$3.7M$3.2M
Total operating expenses$12.3M$10.0M$11.2M$8.2M$6.6M
Operating income−$9.4M−$5.5M−$8.0M−$6.4M−$5.3M
Interest income——$915$1,290$810
Interest expense$2.2M$346,246$163,898$298,221$265,982
Income before taxes−$11.4M−$5.8M−$7.9M−$6.7M−$5.4M
Income taxes$103,616$58,223$33,239$43,928$31,986
Net income−$11.5M−$5.9M−$8.0M−$6.7M−$5.4M
EBITDA−$8.4M−$4.6M−$7.1M−$6.0M−$5.0M
EPS (diluted)−$0.40−$0.19———
Gross margin48.8%41.8%37.0%28.7%31.1%
Operating margin−155.5%−50.9%−91.2%−101.9%−126.1%
Net margin−191.2%−54.4%−91.2%−106.1%−129.4%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in KNRX's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.

KNRX financial results

In fiscal year 2025 (ended December 31, 2025), KNOREX LTD. reported revenue of $6.0 million, down 44.2% from the year before. It had a net loss of $11.5 million, a net profit margin of −191.2%. Diluted earnings per share came to −$0.40.

See the KNRX stock overview for the latest quote and news, or the KNRX chart for price history and technical indicators.

KNRX income statement FAQ

What is KNOREX LTD.'s annual revenue?

KNOREX LTD. reported total revenue of $6.0 million for fiscal year 2025, which ended on December 31, 2025. That was down 44.2% from $10.8 million the previous year.

Is KNOREX LTD. profitable?

No. KNOREX LTD. reported a net loss of $11.5 million in fiscal 2025, a net profit margin of −191.2%; its operating margin was −155.5%.

What is KNOREX LTD.'s gross margin?

KNOREX LTD.'s gross margin was 48.8% in fiscal 2025: for every $100 of revenue, KNOREX LTD. kept $49 after the direct cost of its products and services.

How much does KNOREX LTD. spend on research and development?

KNOREX LTD. spent $2.5 million on research and development in fiscal 2025, 41.0% of revenue.

What are KNOREX LTD.'s earnings per share?

KNOREX LTD. earned $-0.40 per diluted share in fiscal 2025, compared with $-0.19 a year earlier.

When does KNOREX LTD.'s fiscal year end?

KNOREX LTD.'s fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.

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