Exciting Developments and Future Growth Strategies at KNOREX
Celebrating a New Chapter for KNOREX
Sunnyvale and Singapore — KNOREX Ltd. (NYSE American: KNRX) proudly announces a new, exciting milestone with its recent listing on the NYSE American. This pivotal moment not only represents significant validation of our vision but also enhances our ability to secure vital capital, enabling our future growth as a leader in AI-powered online advertising solutions.
A Letter from the CEO
In a heartfelt message to our valued shareholders, CEO Justin Choo emphasized our commitment to excellence as we embark on this journey. He noted, "This is a defining milestone for KNOREX, showcasing our goal to lead the future of advertising automation. It provides us with the opportunity to not only validate our innovative approach but also to enhance our market visibility significantly. This allows us to accelerate our global growth strategy, enabling us to tackle the complexities of today's digital advertising landscape."
Understanding KNOREX's Next-Level Innovation
Since our inception in 2009, KNOREX has focused on addressing critical challenges in online advertising, including fragmentation and orchestration complexities. Our flagship offering, KNOREX XPO, is an AI-driven platform that streamlines digital marketing efforts. By consolidating various channels — from social media to video and digital-out-of-home networks — our cloud-based solution empowers marketers to efficiently manage and analyze their campaigns.
Strong Financial Performance Signals Future Growth
Recent financial results highlight our company’s growth trajectory. In a recent fiscal year, KNOREX reported a notable increase in revenue, elevating from $8.7 million to $10.8 million, achieving a 24% growth year-over-year. Our gross profit also rose impressively, reflecting the effectiveness of our strategic investments in AI technology. We have laid a solid foundation that positions us for capturing a more significant market share in a global digital advertising sector projected to reach $871 billion shortly.
Strategic Investments Fueling Growth
The capital raised through our public listing complements our ongoing investments in scaling our operations and technology. By enhancing our AI capabilities and expanding our geographic footprint, particularly in North America and Asia, we are well-positioned to meet the evolving demands of advertisers who seek clarity and efficiency in their marketing initiatives.
Our Commitment to Clients and New Opportunities
As we transition into this new chapter, our commitment to our investors remains unwavering. We plan to drive long-term growth through a focus on transparency and accountability. Our continued success hinges on the trust our customers, partners, and employees place in us. Together, we aim to evolve into a robust, AI-driven marketing infrastructure designed to provide measurable outcomes and enduring value.
About KNOREX: Innovating the Advertising Landscape
KNOREX is a B2B technology firm dedicated to simplifying online advertising through AI-driven programmatic products. The KNOREX XPO platform centralizes campaign execution and data analytics, creating a streamlined workflow that addresses the growing complexities of marketing in a digital world.
A Broad Clientele and Global Reach
Our clientele ranges from global enterprises to various agencies and brands that utilize our innovative solutions to navigate the dynamic online advertising environment. We maintain operational hubs in the United States, Vietnam, India, Malaysia, and Singapore, allowing us to cater effectively to a diverse array of industries and markets.
Frequently Asked Questions
What significance does the NYSE listing hold for KNOREX?
The NYSE listing enhances our market visibility, validates our business model, and provides access to vital capital for future growth.
How does KNOREX XPO differentiate itself in the market?
KNOREX XPO offers a unified platform that integrates various advertising channels while utilizing advanced AI for enhanced efficiency and performance.
What were KNOREX's financial achievements in the recent fiscal year?
In a recent fiscal year, KNOREX achieved a revenue increase of 24%, indicating strong business momentum and effective investments.
What is the company’s strategy for future growth?
We are focusing on strengthening our AI capabilities, expanding our market presence in key regions, and optimizing customer engagement to drive sustainable growth.
How can clients benefit from working with KNOREX?
Clients can leverage our innovative solutions for improved campaign performance, reduced ad spend waste, and enhanced overall marketing effectiveness.
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