Company: KNRX
Filing Date: 2025-06-12
Form Type: F-1/A
Source: 0001641172-25-014801
Chunk: 80

Company: KNOREX LTD.
Filing Date: 2025-06-12
Form: F-1/A
Chunk 80
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 services fees, managed activations and professional services.

The following tables set forth the breakdown of our revenue by service lines for the periods indicated:

|                                       |     |                          For 
 the Years Ended December 31, |            |     |      |           |
|                                       |     |                         2024 |            |     | 2023 |           |
|                                       |     |                          US$ |            |     |  US$ |           |
| Revenue:                              |     |                              |            |     |      |           |
| Platform                              
 subscription fee                      |     |                              |  4,408,157 |     |      | 3,167,832 |
| Platform                              
 services fees                         |     |                              |  6,233,241 |     |      | 5,244,360 |
| Managed                               
 activations and professional services |     |                              |    178,967 |     |      |   313,624 |
| Total                                 |     |                              | 10,820,365 |     |      | 8,725,816 |

The following tables
set forth the breakdown of our revenue by regions for the periods indicated:

|               |     |                          For 
 the Years Ended December 31, |            |     |      |           |
|               |     |                         2024 |            |     | 2023 |           |
|               |     |                          US$ |            |     |  US$ |           |
| Revenue:      |     |                              |            |     |      |           |
| U.S.          
 operation     |     |                              | 10,422,293 |     |      | 8,446,459 |
| International 
 operation     |     |                              |    398,072 |     |      |   279,357 |
| Total         |     |                              | 10,820,365 |     |      | 8,725,816 |

Cost of Revenue

Our cost of revenue is primarily the cost to acquire advertisement media sources, advertisement data sources and advertisement related technology features.

Gross profit and gross profit margin

Our gross profit and gross profit margin are primarily affected by our platform services as we scale. In 2024, our overall platform utilization has increased, and more customers began to try out our other platform services offering including for data and tech features. We expect the gross profit to continue to improve as we scale up.

Operating Expenses

Our operating expenses include sales and marketing expenses, platform