REG - KRM22 PLC - New Customer Contracts

KRM22Announcement

07/04/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250407:nRSG8495Da&default-theme=true

RNS Number : 8495D  KRM22 PLC  07 April 2025

KRM22 plc

("KRM22", the "Group" or the "Company")

New Customer Contracts

ARR for KRM22 plc up to £7.3m

 

KRM22 plc, (AIM: KRM) the technology and software investment company that
focuses on risk management for capital markets, is pleased to announce the
signing of two new customer contracts for the Limits Manager application.

 

The two new contracts cover a period of two and three years respectively, with
a combined value of £0.8m over the life of the contracts, represent cross
sales with two existing major Futures Commission Merchants ("FCMs"); further
highlighting the value of KRM22's integrated applications.  Since the launch
of the Limits Manager application in early 2022, KRM22 now has 10 FCMs
contracted to use the application totalling £1.6m in ARR.

 

Following the announcement of these contracts, and as at the date of this
announcement, the Group's ARR has seen a net increase, after accounting for
the aforementioned new contracts, by £0.3m to £7.3m.  This underpins
revenue forecasts for the year and is in line with existing market forecasts
to reach £7.9m ARR by the end of 2025.

 

Dan Carter, CEO commented: "These new contract wins for Limits Manager
demonstrate the continued demand for KRM22's enhanced risk solutions.  With
ARR increasing to £7.3m, we remain on track to achieve our end-of-year target
and progress towards building a cash-generative, profitable business."

 

 

For further information please contact:

 

 KRM22                                                                                                                                                                                   InvestorRelations@krm22.com (mailto:InvestorRelations@krm22.com)
 plc

 Garry Jones, Chairman

 Dan Carter, CEO

 Kim Suter, CFO

 Cavendish Capital Markets Limited (Nominated Adviser and Sole                                                                                                                           +44 (0)20 7220 0500
 Broker)

 Carl Holmes / Isaac Hooper / Rory Sale (Corporate Finance)

 Sunila de Silva (ECM)

 

The information contained within this announcement was deemed by the Company
to constitute inside information as stipulated under the Market Abuse
Regulations (EU) No. 596/2014 as it forms part of UK domestic law by virtue of
the European Union (Withdrawal) Act 2018 as amended.  With the publication of
this announcement via a Regulatory Information Service, this inside
information is now considered to be in the public domain.

 

 

About KRM22 plc

KRM22 is a closed-ended investment company which listed on AIM on 30 April
2018.  The Company has been established with the objective of creating value
for its investors through the investment in, and subsequent growth and
development of, target companies in the technology and software sector, with a
focus on risk management in capital markets.

 

Through its investments and the Global Risk Platform, KRM22 helps capital
market companies reduce the cost and complexity of risk management.  The
Global Risk Platform provides applications to help address firms' trading and
corporate risk challenges and to manage their entire enterprise risk profile.

 

Capital markets companies' partner with KRM22 to optimise risk management
systems and processes, improving profitability and expanding opportunities to
increase portfolio returns by leveraging risk as alpha.

 

KRM22 plc is listed on AIM and the Group is headquartered in London, with
offices in several of the world's major financial centres.

 

See more about KRM22 at KRM22.com

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  CNTUNAWRVAUSRAR