Knorex FY25 net loss widens 96.2% to US$ 11.55 million; revenue falls 44.2% to US$ 6.04 million - KNRX News | RalliesKnorex FY25 net loss widens 96.2% to US$ 11.55 million; revenue falls 44.2% to US$ 6.04 million
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KNRX• FY25 results
- 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 and U.S. revenue trends
- 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.
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