Knorex FY25 net loss widens 96.2% to US$ 11.55 million; revenue falls 44.2% to US$ 6.04 million

Reuters2026/08/19 10:06

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Knorex revenue fell 44.2% to US$6.04 million, while net loss widened to US$11.55 million.
Operating loss widened to US$9.39 million as total operating expenses rose 23% to US$12.34 million.
Gross margin improved 7 percentage points to 48.8%, despite gross profit sliding to US$2.95 million.
Customer count dropped to 26, while average revenue per customer decreased 20.5% to US$232,252.
U.S. revenue declined to US$5 million due to reduced demand tied to new U.S. import tariffs affecting customers’ end-clients.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Knorex Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-039058), on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Knorex FY25 net loss widens 96.2% to US$ 11.55 million; revenue falls 44.2% to US$ 6.04 million

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