KRM22 plc
KRM22 Plc develops and sells cloud-based, SaaS risk management software to the capital markets and financial services industry. Its Global Risk Platform comprises applications for Trading Risk (Limits Manager, Risk Manager) and Corporate Risk (Surveillance Manager, Control Manager), sold directly and via a strategic distribution partnership with Trading Technologies International, Inc (TT). The Group serves 51 institutional customers, including major Futures Commission Merchants, from offices in the UK, USA and continental Europe.
FY2025 in sixty seconds
year to 31 Dec 2025 · approved 12 May 2026 · 80 pages · Companies House
KRM22 sells cloud-based risk management software to trading and financial services firms. In the year to 31 December 2025, revenue rose to £7.4m from £6.8m, but the loss after tax widened to £2.0m from £1.3m. Income from recurring contracts grew, but the company spent more on cloud hosting and paid sales commission to its distribution partner, Trading Technologies. The loss was also deepened by a paper loss on currency movements and one-off costs of settling its debt.
In November 2025 the company raised £9.2m from shareholders before costs, using part of it to settle its loan from Trading Technologies in full, leaving it debt free. Cash at the year end was £5.2m, up from £1.0m. No dividend was paid or proposed.
Management calls 2026 an 'investment year', with the benefits expected from 2027. It said new sales have been slow to complete, with only £0.1m of new annual contract income signed since the start of 2026, though it says demand remains strong. The auditor gave a clean opinion and raised no doubt about the company's ability to keep trading.
ARR growth from new and existing customers (18.8% constant-FX growth to £7.6m)
ARR increased to £7.6m as at 31 December 2025, up from £6.6m (£6.4m at constant FX rates), 18.8% constant FX growth; new contracted ARR of £1.6m in the year
page 5AWS hosting infrastructure cost increases
Gross margin decreased to 78% (2024: 83%) as a result of additional investment in AWS hosting infrastructure costs
page 8We regard 2026 as our 'investment year' with the Company benefiting from this investment in 2027 and beyond.
page 4No interim dividends were paid during the year and the Directors do not recommend payment of a final dividend, although the Directors may wish to do so in future years. No dividends or share buybacks occurred in either 2025 or 2024.
page 399 years on one page · FY2017–FY2025
| Line | FY2017locked | FY2018locked | FY2019locked | FY2020locked | FY2021locked | FY2022locked | FY202312/23 | FY202412/24 | FY202512/25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||
| Operating profit | |||||||||
| Profit for the year | |||||||||
| Basic EPS | |||||||||
| Dividend per share | — | — | |||||||
| Free cash flow | |||||||||
| Net debt (negative = net cash) | |||||||||
| Shares in issue | |||||||||
| Operating margin | |||||||||
| Return on capital employed |
GBP millions, negatives in brackets. Per-share lines in pence. Share counts in millions. Margins and returns as percentages, calculated from the filed figures. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated.
Nothing restated
Every figure is read again from the following year’s report: 280 confirmed, 6 differ.
No figure has been restated: every figure a later report printed again, it printed the same.