KNRX News & Events

Knorex announced the launch of its agentic AI-ready Knorex Ads API, designed to serve as a foundational infrastructure layer for AI-native, cross-channel advertising workflows. "Agentic AI represents the next structural evolution in digital advertising," said Abhishek Kumar, VP of product and engineering of Knorex. "As marketers adopt autonomous systems to manage increasingly complex cross-channel strategies, scalable infrastructure becomes mission-critical. By launching an open, AI-ready Ads API, we are positioning KNOREX to power the next phase of advertising automation while expanding interoperability across the KNOREX XPO platform."

Knorex announced that its board of directors has appointed Ning Sun as CFO, effective January 22. Prior to his appointment as CFO, Sun served as head of capital markets at Knorex, where he led capital markets planning, investor engagement, and pre-IPO initiatives.

KNOREX announced a strategic partnership with a premier Business-to-Business, B2B, data provider known for its human-verified, proprietary dataset. This collaboration combines KNOREX's advanced AI-powered cross-channel advertising and automation capabilities with B2B data, unlocking new opportunities for organizations to drive growth through precision targeting and measurable returns on investment.

In a letter to shareholders, CEO Justin Choo said, "It is with great pride that we mark a defining milestone in KNOREX's journey: our successful listing on the NYSE American. We believe this achievement represents the validation of our vision to lead the future of AI-powered online advertising orchestration and automation, and it also provides vital capital and market visibility to accelerate our global growth. KNOREX was founded to address some of the pressing challenges in online advertising: fragmentation and orchestration complexities. Our flagship platform, KNOREX XPO, unifies the complexity of today's digital landscape into a single, cloud-based solution, enabling marketers to plan, orchestrate, optimize, and analyze campaigns across social, search, connected TV/OTT, video, audio, display, and native formats. By harnessing advanced AI and machine learning, we deliver efficiency, transparency, and measurable performance to our customers worldwide. This vision has translated into strong business momentum. In 2024, KNOREX generated $10.8 million in revenue, an increase of 24.0% year-over-year from $8.7 million in 2023. Our gross profit increased by 40.0% from $3.2 million for the year ended December 31, 2023, to $4.5 million for the year ended December 31, 2024. We have deliberately and strategically invested in our proprietary AI-driven platform, technology, and geographic expansion-creating a highly scalable infrastructure designed to transform online advertising orchestration. These investments have positioned KNOREX to capture a significantly larger share of the global digital advertising market, which is expected to reach $871 billion by 2027. As we continue to grow revenue on this foundation, we expect to generate very high incremental margins and drive long-term profitability. The capital raised through our IPO, together with the visibility of being a publicly traded company, positions us to accelerate our growth strategy on a highly scalable, AI-powered foundation. Our cross-channel, proprietary machine learning and automation capabilities are at the core of KNOREX XPO, enabling predictive budgeting, attribution, and real-time optimization across channels at scale-capabilities that differentiate us in a fragmented market. We are investing to extend this AI leadership as we intensify our geographic footprint in North America and Asia while strengthening customer success programs to cultivate lasting industry partnerships. We are building our business for sustainable, profitable growth, equipped to serve a rapidly transforming advertising industry,. As we enter this next chapter, we are optimistic about the opportunities ahead. The digital marketing industry is undergoing rapid transformation, and advertisers are seeking partners who can deliver clarity, efficiency, and performance across channels. KNOREX is uniquely positioned to provide advertisers with clarity, efficiency, and results in today's complex digital landscape.. To our investors, thank you for your unwavering trust and confidence. We are committed to executing with transparency, accountability, and a focus on long-term growth. To our customers, partners, and employees, your support has been critical in bringing us here, and together we will continue building a global, AI-powered marketing infrastructure that drives measurable outcomes and lasting value."