KNOREX CEO Provides Shareholder Letter Highlighting Recent NYSE American Listing and Strategic Business Outlook

Rhea-AI Summary

KNOREX (NYSE American: KNRX) provided a CEO letter dated October 9, 2025 highlighting its successful listing on the NYSE American and strategic outlook. The company reported 2024 revenue of $10.8M, up 24.0% YoY from $8.7M in 2023, and gross profit of $4.5M, a 40.0% increase year-over-year. Management emphasized investments in its proprietary AI-driven KNOREX XPO platform, geographic expansion in North America and Asia, and use of IPO capital to accelerate growth. The letter frames the listing as a source of market visibility and capital to scale cross-channel programmatic advertising, improve automation and predictive budgeting, and pursue long-term profitable growth.

Positive

• Revenue of $10.8M in 2024, +24.0% YoY
• Gross profit of $4.5M in 2024, +40.0% YoY
• Successful listing on NYSE American (Oct 9, 2025)
• Proprietary AI platform KNOREX XPO powering cross-channel automation

Negative

• None.

Insights

Corporate Strategy Analyst

NYSE American listing plus disclosed 2024 revenue and gross‑profit gains signal a constructive capital and visibility milestone for KNOREX.

KNOREX converts public listing status into operating leverage by pairing the NYSE American milestone with disclosed scale metrics: 2024 revenue of $10.8 million (up 24.0% from 2023) and gross profit rising to $4.5 million (a 40.0% increase). These figures show the company grew top line and expanded gross margin while investing in its proprietary AI platform, which it positions as the product engine for cross‑channel orchestration and automation.

Key dependencies and risks include continued revenue growth, margin expansion, and successful use of IPO capital; none of these are guaranteed by the disclosure. The company cites geographic expansion and customer‑success investments as drivers; execution there will determine whether the listing's capital and visibility convert into sustained, scalable profitability. Monitor near‑term public filings for recurring revenue trends, gross‑margin trajectory, and quantified use of proceeds from the listing over the next 12–24 months.

Sunnyvale and Singapore,, Oct. 09, 2025 (GLOBE NEWSWIRE) -- KNOREX Ltd. (NYSE American: KNRX) (“KNOREX” or the “Company”), a leading provider of AI-driven programmatic online advertising products and solutions, today provided a letter to shareholders from its CEO, Justin Choo:

“To Our Valued Shareholders:

It is with great pride that we mark a defining milestone in KNOREX’s journey: our successful listing on the NYSE American. We believe this achievement represents the validation of our vision to lead the future of AI-powered online advertising orchestration and automation, and it also provides vital capital and market visibility to accelerate our global growth.

KNOREX was founded to address some of the pressing challenges in online advertising: fragmentation and orchestration complexities. Our flagship platform, KNOREX XPO^sm, unifies the complexity of today’s digital landscape into a single, cloud-based solution, enabling marketers to plan, orchestrate, optimize, and analyze campaigns across social, search, connected TV/OTT, video, audio, display, and native formats. By harnessing advanced AI and machine learning, we deliver efficiency, transparency, and measurable performance to our customers worldwide.

This vision has translated into strong business momentum. In 2024, KNOREX generated $10.8 million in revenue, an increase of 24.0% year-over-year from $8.7 million in 2023. Our gross profit increased by 40.0% from $3.2 million for the year ended December 31, 2023, to $4.5 million for the year ended December 31, 2024. We have deliberately and strategically invested in our proprietary AI-driven platform, technology, and geographic expansion—creating a highly scalable infrastructure designed to transform online advertising orchestration. These investments have positioned KNOREX to capture a significantly larger share of the global digital advertising market, which is expected to reach $871 billion by 2027. As we continue to grow revenue on this foundation, we expect to generate very high incremental margins and drive long-term profitability.

The capital raised through our IPO, together with the visibility of being a publicly traded company, positions us to accelerate our growth strategy on a highly scalable, AI-powered foundation. Our cross-channel, proprietary machine learning and automation capabilities are at the core of KNOREX XPO, enabling predictive budgeting, attribution, and real-time optimization across channels at scale—capabilities that differentiate us in a fragmented market. We are investing to extend this AI leadership as we intensify our geographic footprint in North America and Asia while strengthening customer success programs to cultivate lasting industry partnerships. We are building our business for sustainable, profitable growth, equipped to serve a rapidly transforming advertising industry,.

As we enter this next chapter, we are optimistic about the opportunities ahead. The digital marketing industry is undergoing rapid transformation, and advertisers are seeking partners who can deliver clarity, efficiency, and performance across channels. KNOREX is uniquely positioned to provide advertisers with clarity, efficiency, and results in today’s complex digital landscape..

To our investors, thank you for your unwavering trust and confidence. We are committed to executing with transparency, accountability, and a focus on long-term growth. To our customers, partners, and employees, your support has been critical in bringing us here, and together we will continue building a global, AI-powered marketing infrastructure that drives measurable outcomes and lasting value.

Sincerely,

Justin Choo

CEO, KNOREX”

About KNOREX

Founded in 2009, KNOREX is a B2B technology company that provides AI-driven cross-channel programmatic advertising products and solutions designed to simplify online advertising for businesses. The Company's flagship platform, KNOREX XPO^sm, is an AI-powered, cloud-based advertising technology platform that enables marketers to efficiently plan, orchestrate, 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, XPO enables advertisers to enhance campaign performance, reduce wasted ad spend, and scale their marketing efforts while maintaining efficiency and transparency. The platform addresses the growing complexity of online advertising by centralizing campaign execution and analytics into a unified, data-driven workflow.

KNOREX serves global enterprises, agencies, and brands across multiple industries, helping them navigate the rapidly evolving online advertising landscape with automated, intelligent, and data-driven solutions. The Company has operations in 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. 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. 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.

Contact:

Crescendo Communications, LLC
212-671-1020
KNRX@crescendo-ir.com

FAQ

What did KNOREX (KNRX) announce on October 9, 2025?

KNOREX announced a CEO shareholder letter marking its NYSE American listing and outlining growth strategy and financial highlights.

What were KNOREX's reported 2024 revenue and growth (KNRX)?

KNOREX reported $10.8M revenue for 2024, a 24.0% increase from 2023's $8.7M.

How much did KNOREX's gross profit change in 2024 (KNRX)?

Gross profit rose to $4.5M in 2024, a 40.0% increase versus 2023.

How will KNOREX use the IPO proceeds (KNRX)?

The company said IPO capital will provide capital and visibility to accelerate global growth and scale its AI platform.

What is KNOREX's core product and differentiation (KNRX)?

KNOREX's core product is the AI-driven KNOREX XPO platform, which unifies planning, optimization, and attribution across channels.