KNOREX LTD. Financials
KNOREX LTD. (KNRX) reported $6.0M in revenue for fiscal year 2025, down 44.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Gross-margin improvement is being overwhelmed by fixed-cost expansion, deeper cash use, and financing-dependent balance-sheet pressure.
From FY2024 to FY2025, revenue fell to$6.0M while gross margin widened to48.8% , indicating better economics on each remaining sales dollar despite lower volume. That improvement did not reach the bottom line: operating margin was-155.5% and net margin was-191.2% , showing overhead and below-operating costs absorbed the gross profit.
At FY2025, liabilities of
Operating cash flow was negative
Financial Health Signals
KNOREX LTD. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
KNOREX LTD. scores -16.72, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($15.8M) relative to total liabilities ($13.4M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
KNOREX LTD. passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
KNOREX LTD. reported a net loss of $11.5M while operations used $10.4M of cash. With neither figure positive, the ratio between the two carries no quality signal.
KNOREX LTD. reported an operating loss of $9.4M against $2.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
KNOREX LTD. generated $6.0M in revenue in fiscal year 2025. This represents a decrease of 44.2% from the prior year.
KNOREX LTD.'s EBITDA was -$8.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 83.0% from the prior year.
KNOREX LTD. reported -$11.5M in net income in fiscal year 2025. This represents a decrease of 96.2% from the prior year.
KNOREX LTD. earned -$0.41 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 86.4% from the prior year.
Cash & Balance Sheet
None of these metrics is reported for fiscal year 2025.
Margins & Returns
KNOREX LTD.'s gross margin was 48.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 7.0 percentage points from the prior year.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not reported for fiscal year 2025.
Capital Allocation
None of these metrics is reported for fiscal year 2025.
KNRX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 |
|---|---|---|---|
| Revenue | $6.0M-44.2% | $10.8M+24.0% | $8.7M |
| Cost of Revenue | $3.1M-50.9% | $6.3M+14.6% | $5.5M |
| Gross Profit | $2.9M-34.9% | $4.5M+40.0% | $3.2M |
| SG&A Expenses | $4.8M+186.0% | $1.7M-24.6% | $2.2M |
| Operating Income | -$9.4M-70.5% | -$5.5M+30.8% | -$8.0M |
| Interest Expense | $2.0M+516.1% | $319K+133.9% | $136K |
| Income Tax | $104K+78.0% | $58K+75.2% | $33K |
| Net Income | -$11.5M-96.2% | -$5.9M+26.1% | -$8.0M |
| EPS (Diluted) | -$0.41-86.4% | -$0.22+33.3% | -$0.33 |
Not reported in any period shown, so not listed: R&D Expenses.
KNRX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 |
|---|---|---|---|
| Total Assets | $7.0M+28.2% | $5.4M | N/A |
| Current Assets | $5.7M+62.8% | $3.5M | N/A |
| Accounts Receivable | $1.1M-39.0% | $1.9M | N/A |
| Total Liabilities | $13.4M+37.5% | $9.8M | N/A |
| Current Liabilities | $13.3M+40.5% | $9.5M | N/A |
| Total Equity | -$6.5M-49.0% | -$4.4M-2969.1% | $152K |
| Retained Earnings | -$62.2M-25.8% | -$49.4M | N/A |
Not reported in any period shown, so not listed: Cash & Equivalents, Inventory, Goodwill, Long-Term Debt.
KNRX Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 |
|---|---|---|---|
| Operating Cash Flow | -$10.4M-94.7% | -$5.3M+2.9% | -$5.5M |
| Investing Cash Flow | -$1.1M-28.7% | -$867K+1.3% | -$878K |
| Financing Cash Flow | $11.0M+114.4% | $5.1M-34.7% | $7.8M |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
KNRX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 |
|---|---|---|---|
| Gross Margin | 48.8%+7.0pp | 41.8%+4.8pp | 37.0% |
| Operating Margin | -155.5% | -50.9%+40.3pp | -91.2% |
| Net Margin | -191.2% | -54.4%+36.9pp | -91.2% |
| Return on Equity | N/A | N/A | -5248.6% |
| Return on Assets | -166.0%-57.5pp | -108.5% | N/A |
| Current Ratio | 0.42+0.1x | 0.37 | N/A |
Not reported in any period shown, so not listed: Debt-to-Equity, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Note: Shareholder equity is negative (-$6.5M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.42), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where KNOREX LTD. Ranks
Frequently Asked Questions
What is KNOREX LTD.'s annual revenue?
KNOREX LTD. (KNRX) reported $6.0M in total revenue for fiscal year 2025. This represents a -44.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is KNOREX LTD.'s revenue growing?
KNOREX LTD. (KNRX) revenue declined by 44.2% year-over-year, from $10.8M to $6.0M in fiscal year 2025.
Is KNOREX LTD. profitable?
No, KNOREX LTD. (KNRX) reported a net income of -$11.5M in fiscal year 2025.
What is KNOREX LTD.'s EBITDA?
KNOREX LTD. (KNRX) had EBITDA of -$8.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is KNOREX LTD.'s gross margin?
KNOREX LTD. (KNRX) had a gross margin of 48.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is KNOREX LTD.'s operating cash flow?
KNOREX LTD. (KNRX) recorded an outflow of $10.4M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are KNOREX LTD.'s total assets?
KNOREX LTD. (KNRX) had $7.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What is KNOREX LTD.'s current ratio?
KNOREX LTD. (KNRX) had a current ratio of 0.42 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is KNOREX LTD.'s return on assets (ROA)?
KNOREX LTD. (KNRX) had a return on assets of -166.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Why is KNOREX LTD.'s debt-to-equity ratio negative or not reported?
KNOREX LTD. (KNRX) has negative shareholder equity of -$6.5M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is KNOREX LTD.'s Altman Z-Score?
KNOREX LTD. (KNRX) has an Altman Z-Score of -16.72, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is KNOREX LTD.'s Piotroski F-Score?
KNOREX LTD. (KNRX) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are KNOREX LTD.'s earnings high quality?
KNOREX LTD. (KNRX) reported a net loss of $11.5M while operations used $10.4M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can KNOREX LTD. cover its interest payments?
KNOREX LTD. (KNRX) reported an operating loss of $9.4M against $2.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.