KNRXNYSEServices-Computer Programming, Data Processing, Etc.US GAAP · USD

KNOREX LTD

KNOREX Ltd. is a U.S.-listed B2B technology company that develops AI-driven programmatic advertising software for digital marketers. Its KNOREX XPO platform centralizes planning, execution, optimization, and analytics across channels such as social media, search, CTV/OTT, video, audio, display, native, and digital out-of-home. The company operates across the United States and several Asia-based offices, including Vietnam, India, Malaysia, and Singapore.

Liikevaihto6,0milj. USD
Liikevoitto (EBIT)−9,4milj. USD
EBIT-marginaali−155,5%
Nettotulos−11,5milj. USD

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2025–2025

−10−50510milj. USD2025: 6,0 milj. USD2025: EBIT −9,4 milj. USD20256,0−9,4
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Programmatic advertising platform70 %

Cloud-based software for planning, buying, optimizing, and measuring digital ad campaigns.

Advertising automation and analytics20 %

Tools that automate campaign workflows and provide performance measurement and reporting.

Professional services and support10 %

Implementation, customer support, and account services around the platform.

Tuotteet

Raportoitu · osuus liikevaihdosta
54,8%43,5%FY2025100 %
  • Platform Services54,8 %
  • Platform Subscription Fee43,5 %
  • Managed Activations and Professional Services1,7 %

Lähde: 20-F FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

KNOREX sells to businesses that need to manage digital advertising across many channels from a single workflow. Its customers include global enterprises, agencies, and brands that want automation, transparency, and campaign optimization at scale. The platform is relevant to advertisers in many industries because it helps coordinate media spending across fragmented digital inventory.

Global enterprises

Large companies using KNOREX XPO to coordinate broad digital advertising programs across channels and markets.

Advertising agencies

Agencies using the platform to plan, execute, and optimize campaigns for multiple advertiser clients.

Brands and marketers

Consumer and business brands that buy software to automate media buying and improve campaign performance.

Apps and game publishers

Digital publishers using KNOREX-related tools to improve revenue optimization and growth.

Strategia

KNOREX’s strategy is centered on using AI and automation to simplify digital advertising workflows and improve campaign efficiency. The platform approach is designed to help the company win customers that need unified cross-channel execution, measurement, and optimization rather than fragmented point solutions. Its multi-country operating model supports product development, delivery, and customer support for a global B2B market.

Platform adoptionLyhyt aikaväli

A larger installed base improves recurring usage and strengthens the software's role in advertiser workflows.

AI-driven automationKeskipitkä aikaväli

Automation is central to differentiating the product versus manual or fragmented ad-tech workflows.

Global customer reachKeskipitkä aikaväli

Serving enterprises and agencies across regions broadens the addressable market and diversifies demand.

Maantiede

KNOREX operates from a multi-country footprint spanning the United States, Vietnam, India, Malaysia, and Singapore. The business is structured to serve global customers while supporting operations and development across Asia and the U.S. This geography gives the company access to multinational clients, but it also ties execution to cross-border staffing, compliance, and technology delivery.

Riskit

KNOREX faces execution and market risks typical of ad-tech software businesses, including dependence on customer adoption, competitive pricing pressure, and fast-changing digital advertising platforms. The company also carries listed-company and financial-stability risk, reflected in its reported stockholders' deficit and continued listing standard notice. Because it operates across multiple countries, it is exposed to cross-border regulatory, operating, and personnel complexity.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Ad-tech competition and platform change1Customer concentration and adoption risk2Continued listing compliance3Cross-border operating complexity4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Ad-tech competition and platform changeVaikutus: KorkeaTodennäköisyys: Korkea

    The company competes in a fast-moving market where major digital channels, formats, and buying tools evolve quickly.

    Kohdistuu: Programmatic advertising software

  2. Customer concentration and adoption riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A software platform business depends on winning and retaining advertisers, agencies, and brands that can switch tools if results lag.

    Kohdistuu: Enterprise and agency customers

  3. Continued listing complianceVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The company disclosed a NYSE American notice tied to stockholders' equity and net losses, which can affect liquidity and investor confidence.

    Kohdistuu: Public listing status

  4. Cross-border operating complexityVaikutus: KeskitasoTodennäköisyys: Korkea

    Operations across the U.S., Singapore, Vietnam, India, and Malaysia create coordination, tax, payroll, and legal compliance demands.

    Kohdistuu: Multi-country workforce and offices

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition

A programmatic advertising platform may include subscription, usage, and service elements that require judgment on timing and allocation.

Vaikutus: Can shift reported revenue between periods.

Software development costs

Development of the KNOREX XPO platform may involve capitalization decisions that affect operating expense and assets.

Vaikutus: Affects EBITDA-like results and intangible assets.

Foreign currency translation

Operations in several countries create translation exposure for expenses, assets, and liabilities.

Vaikutus: Can move reported earnings and equity.

Going-concern and equity judgments

Publicly disclosed stockholders' deficit and listing notice increase the importance of liquidity-related disclosures and assumptions.

Vaikutus: Can affect audit emphasis and valuation perception.

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026

KNOREX LTD (NYSE) – Services-Computer Programming, Data Proc | Analyysi – Clarifo