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Knorex Ltd

What Do They Do?

Sells digital advertising software and services that help brand advertisers and media agencies plan, run, and measure campaigns across online channels.

How Do They Make Money?

Marketers pay monthly subscription fees for platform access and pay for platform services based on advertising spend as ads are shown. The company also charges fees for managed campaign and professional services; it bills customers monthly based on actual delivery.

revenue
SegmentShareRevenue
Platform Subscription Fee
Recurring

44%
Platform Services
Usage-based

55%
Managed Activations and Professional Services
Recurring
1.7%

Who Are Their Customers?

Its customers are brand advertisers and media agencies, including marketers from advertising agencies, who use the platform to manage advertising campaigns.

Customers above 10% of revenue, FY2025
of revenue from two customers (41%, 15%)
FY2024: 73% from one customer

Do Revenues Turn Into Profits?

No. It lost $11.5M in FY2025.

Operating income, FY2025
−156% of revenue
▲ +70% (Loss) vs FY2024 (−$5.5M, −51%)
Net income, FY2025
−190% of revenue
▲ +95% (Loss) vs FY2024 (−$5.9M, −54%)

How Are They Changing?

Revenue over time
Platform Subscription Fee Platform Services Managed Activations and Professional Services
$20M$10M$0

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