REG - KRM22 PLC - Interim Results

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RNS Number : 6007Z KRM22 PLC 17 September 2025 KRM22 plc("KRM22", the "Group" or the "Company")UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2025KRM22 plc (AIM: KRM.L), the technology and software investment company, with a particular focus on risk management in capital markets, is pleased to announce its unaudited interim results for the six months ended 30 June 2025 ("H1 2025" or the "Period").HighlightsFinancial· Annualised Recurring Revenue* ("ARR") of £7.2m at 30 June 2025 (H1 2024: £6.0m) - growth of 20%o New contracted ARR in the period of £1.0m (H1 2024: £1.1m)o Total ARR attributable to the relationship with Trading Technologies International, Inc. ("TT") of £0.9m (H1 2024: £0.8m)· Total revenue recognised of £3.6m (H1 2024: £3.3m) - growth of 10.6%o Recurring revenue recognised of £3.4m (H1 2025: £2.9m) - growth of 15.4%· Adjusted EBITDA profit** of £0.4m (H1 2024: profit of £0.3m)· Loss before tax of £1.6m (H1 2024: loss before tax of £1.3m)· Gross cash and cash equivalents at 30 June 2025 of £1.4m (FY 2024: £1.0m)Operational· New contractual ARR in H1 2025 generated from four cross sales opportunities to existing customers for the Limits Manager, Risk Manager and Market Surveillance applications· First sales of combined surveillance product offering via the TT relationship· KRM22 applications and Services team successfully handled increased market volatility following changes to US economic policy announced in April 2025· Amendments to the TT convertible loan to defer all interest payments until June 2026Post-Period Events· Growth in ARR to £7.4 as at the date of this report at current FX rates* Annualised Recurring Revenue ("ARR") is the value of contracted Software-as-a-Service (SaaS) revenue normalised to a one year period and excludes one time fees.** Adjusted EBITDA is the reported loss for the period, adjusted for recurring non-monetary costs including depreciation, amortisation, unrealised foreign exchange loss and share-based payment charges/(credit) and non-recurring costs, both monetary and non-monetary, including Company reorganisation costs.Commenting on the results, CEO of KRM22, Dan Carter, said:"Another strong set of results for KRM22, with continued ARR growth and positive adjusted EBITDA. This momentum is being driven by sustained demand for Risk Manager and Limits Manager, with the majority of new ARR coming from...

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