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KRM22 Expands Customer Base with New Contracts, Boosting ARR to £7.3m

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KRM22 Expands Customer Base with New Contracts, Boosting ARR to £7.3m

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The latest announcement is out from KRM22 ( (GB:KRM) ).

KRM22 plc has announced the signing of two new customer contracts for its Limits Manager application, valued at £0.8m over two and three years. These contracts with existing Futures Commission Merchants (FCMs) highlight the value of KRM22’s integrated applications and increase the company’s Annual Recurring Revenue (ARR) to £7.3m. This growth supports revenue forecasts and aligns with market expectations to reach £7.9m ARR by the end of 2025, demonstrating continued demand for KRM22’s risk management solutions.

More about KRM22

KRM22 plc is a closed-ended investment company listed on AIM, focusing on technology and software investments in the risk management sector for capital markets. Through its Global Risk Platform, KRM22 aids capital market companies in reducing the cost and complexity of risk management, optimizing systems and processes to improve profitability and expand opportunities. The company is headquartered in London with offices in major financial centers worldwide.

Technical Sentiment Signal: Strong Sell

Current Market Cap: $12.09M

Learn more about KRM stock on TipRanks’ Stock Analysis page.

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