Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
The latest update is out from KRM22 ( (GB:KRM) ).
KRM22 has announced a new £1.1m contract for its Risk Manager application with a major Futures Commission Merchant, marking the first adoption by an FCM that previously deployed the Limits Manager application. This deal contributes to a net increase in the company’s Annual Recurring Revenue to £7.0m, supporting revenue forecasts and aligning with market expectations to reach £7.9m by the end of 2025. The contract is seen as a validation of KRM22’s integrated risk management solutions, enhancing its market position and aiming towards a cash-generative and profitable business.
More about KRM22
KRM22 is a closed-ended investment company listed on AIM, focused on creating value through investments in the technology and software sector, particularly in risk management for capital markets. The company offers a Global Risk Platform that aids capital market firms in reducing the cost and complexity of risk management, optimizing systems, and improving profitability.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $11.13M
For an in-depth examination of KRM stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue