Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data KNOREX LTD. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2023
FY2025
FY2025
Revenue
8.73
10.8
6.04
Cost of revenue
5.5
6.3
3.09
Gross profit
3.23
4.52
2.95
Selling and marketing
3.31
2.98
2.41
General and administrative
2.23
1.68
4.82
Operating expenses
11.2
10
12.3
Operating income
-7.96
-5.51
-9.39
Interest expense
0.14
0.32
1.97
Other non-operating income
0.03
-0.32
-2.05
Pre-tax income
-7.93
-5.83
-11.4
Income tax
0.03
0.06
0.1
Net income to minority interests
-0
0
0
Net income
-7.96
-5.88
-11.5
EBITDA
-7.94
-5.49
-9.37
EPS, basic
-0.33
-0.22
-0.41
EPS, diluted
-0.33
-0.22
-0.41
Shares, basic (weighted)
24.4
27.1
28.2
Shares, diluted (weighted)
24.4
27.1
28.2
Balance sheet
FY2023
FY2025
FY2025
Receivables
1.88
1.15
Other current assets
0.3
0.9
Total current assets
3.48
5.66
Property, plant and equipment
0.02
0.01
Lease right-of-use assets
0.14
0.1
Total assets
5.42
6.96
Accounts payable
2.49
2.48
Accrued liabilities
0.11
0.48
Short-term debt
2.22
4.17
Total current liabilities
9.49
13.3
Lease liabilities
0.11
0.08
Total liabilities
9.78
13.4
Paid-in capital
45.9
56.7
Retained earnings
-49.4
-62.2
Other comprehensive income
-0.86
-1.01
Shareholders' equity
-4.35
-6.48
Minority interests
0
0
Total equity
0.15
-4.35
-6.48
Total liabilities and equity
5.42
6.96
Cash flow statement
FY2023
FY2025
FY2025
Net income
-7.96
-5.88
-11.5
Depreciation and amortization
0.01
0.02
0.02
Deferred income tax
0
Change in receivables
0.15
-0.38
0.7
Change in payables
0.98
-0.29
-0.01
Cash from operations
-5.51
-5.35
-10.4
Cash from investing
-0.88
-0.87
-1.12
Stock issued
8.17
Cash from financing
7.85
5.12
11
Net change in cash
1.35
-1.04
-0.7
Interest paid
0.13
0.03
0.19
Income taxes paid
0.03
0.03
0.09
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $0.07 on November 10, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
48.8%
Gross profit / revenue.
Operating margin
-155.5%
Operating income / revenue.
EBITDA margin
-155.2%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-189.5%
Pre-tax income / revenue.
Net margin
-191.2%
Net income / revenue.
Operating cash flow margin
-172.5%
Cash from operations / revenue.
Return on assets (ROA)
-186.5%
Net income / average total assets.
D&A / revenue
0.3%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-44.2%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
-34.9%
Gross profit vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
28.2%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
4.1%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
-$0.41
Net income per basic share, as reported (split-adjusted).
Revenue per share
$0.21
Revenue / diluted weighted shares.
Operating cash flow per share
-$0.37
Cash from operations / diluted weighted shares.
Book value per share
-$0.23
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share
-$0.23
Tangible book value / shares outstanding.
Valuation
Metric
Value
How it is calculated
Market cap
$2.2M
Share price x shares outstanding.
Enterprise value
$2.2M
Market cap + total debt - cash - short-term investments.
P/S
0.37x
Market cap / revenue.
EV/Sales
0.37x
Enterprise value / revenue.
Earnings yield
-515.0%
Net income / market cap (the inverse of P/E).
What was KNOREX LTD.'s revenue in fiscal 2025?
KNOREX LTD. reported revenue of $6.0M for fiscal 2025, 44.2% lower than the year before.
Was KNOREX LTD. profitable in fiscal 2025?
No. It reported a net loss of $11.5M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.