KRM22 (GB:KRM) has released an update.
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KRM22 plc, a tech firm specializing in capital market risk management, has reported a solid growth in Annual Recurring Revenue (ARR) to £6.3 million, attributed to a new £0.7 million contract with a major Futures Commission Merchant and two significant renewals, despite a slight reduction from one renewal. This growth aligns with company forecasts, supporting its target of a £6.5 million ARR by year-end and progressing towards a £10 million ARR business model. CEO Dan Carter asserts these developments affirm the value of their Risk Manager product and their service excellence.
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