Knorex (KNRX) Income Statement

Knorex reported revenue of $6.04M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 44.2% from $10.82M a year earlier. Knorex posted a net loss of $11.55M, compared with a net loss of $5.88M a year earlier. Gross margin was 48.8% and operating margin -155.5%.

Knorex Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Knorex Ltd. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Revenue & Gross Profit
Revenue	6.04	10.82	8.73	6.32	4.18
Cost of Revenue	3.09	6.30	5.50	4.51	2.88
Gross Profit	2.95	4.52	3.23	1.81	1.30
Operating Expenses
Research & Development	2.48	2.61	2.05	1.44	1.12
Selling, General & Administrative	9.86	7.42	9.14	3.67	3.23
Operating Expenses	12.34	10.03	11.19	8.25	6.58
Operating Income	-9.39	-5.51	-7.96	-6.44	-5.27
Other Income/Expense
Interest Income	0.00	-	0.00	0.00	0.00
Interest Expense	2.18	-0.35	-0.16	0.30	0.27
Other Income/Expense	0.13	-0.32	0.03	0.08	0.16
Income
Income Before Tax	-11.44	-5.83	-7.93	-6.65	-5.38
Income Tax Expense	0.10	0.06	0.03	0.04	0.03
Net Income	-11.55	-5.88	-7.96	-6.70	-5.41
Net Income - Continuous Operations	-11.55	-5.88	-7.96	-6.70	-5.41
Net Income - Discontinued Operations	-	-	-	-	-
EBITDA	-9.37	-5.49	-7.94	-6.02	-4.97
EBIT	-9.39	-5.51	-7.96	-6.36	-5.11
Depreciation & Amortization	0.84	0.02	0.01	0.34	0.14
Earnings Per Share
Basic EPS	-	-	-	-	-
Diluted EPS	-	-	-	-	-
Basic Shares Outstanding	28.18	27.08	24.41	30.42	30.42
Diluted Shares Outstanding	28.18	27.08	24.41	30.42	30.42

Source: Company financial statements from annual and quarterly filings. Data as of Dec 31, 2025. Data sources and methodology

Frequently Asked Questions About Knorex Financial Statements

What was Knorex's revenue in fiscal 2025?

Knorex reported revenue of $6.04M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 44.2% from $10.82M a year earlier.

Is Knorex profitable?

No. Knorex reported a net loss of $11.55M in fiscal 2025. In fiscal 2024 it lost $5.88M.

What is Knorex's operating margin?

Knorex's operating income was −$9.39M on revenue of $6.04M in fiscal 2025, an operating margin of -155.5%, compared with -50.9% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition