KRM22 says pipeline healthy but wants more deals signed-off
“The outlook for the second half and future remains positive"
Company
KRM22 PLC
LON:KRM
KRM22 believes in a world in which organisations operate at their optimal threshold of risk to drive increased returns. The company develops outstanding applications built and delivered through a Global Risk Platform, to bring increased visibility and lower cost risk management to capital market organisations.
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KRM22 unveils partnership with Waymark Tech
Waymark Tech produces Wayfinder, a regulatory change management and obligations tracking solution
KRM22 hails significant reduction in losses despite challenging 2020
The risk management software specialist also said it has entered the new financial year on a stronger footing and is confident of continuing growth and "delivering market expectations”
KRM22 enters 2021 'stronger than ever'
Company is confident of continuing growth and "delivering market expectations”.
KRM22 unveils partnership with Kintail Consulting focusing on people and culture risk
The risk management software specialist said the partnership will focus on bringing multiple strands of the focus area together into a single integrated Risk Cockpit based on its existing offering
KRM22 forecasts sharply reduced losses for 2020
The software firm also highlighted a near-term pipeline of deals worth £0.5mln of annual recurring revenue which are expected to be signed in the first quarter of 2021
KRM22 inks new £3mln loan deal, confirms improved first half revenue
The switch into a convertible debt held by its largest shareholder supports the company for the short to medium term, the group said
KRM22 surges as it gets brokerage contract over the line
The unnamed customer will take the company's 'At Trade' and 'Post Trade' market risk modules, in addition to the 'Market Surveillance' module
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KRM22 eyes strong pipeline of opportunities in second half
The risk management software group said it “remains confident of meeting management expectations for the year” and that the approval its UK brokerage will add another £300,000 in annual recurring revenues once complete
KRM22 reports recurring revenue growth as acquisitions boosted business in 2019
The firm’s EBITDA loss narrowed to £3.1mln from £3.3mln and it said it was confident it will deliver on its "growth and adjusted EBITDA profit plans"
KRM22 jumps as it raises over £1mln in premium share placing
The software firm added that its executive chairman and CEO, Keith Todd, CFO Kim Suter and non-executive director Steve Sparke intend to make a further equity investment of around £135,000 through a share subscription
KRM22 surges as it exceeds fundraising target
The software firm also reported lower losses and higher revenues for its 2019 financial year in a brief trading update ahead of its results due next week
KRM22 continues discussions about potential fundraising
Talks were started last month with shareholders and certain other investors regarding an equity fundraising or potential alternative financing
KRM22 moves up as it strikes deal to take full ownership of Irisium
The risk management specialist, which acquired an initial 60% stake in Irisium in 2018, said the consolidation will allow complete integration of the firm into its own platforms
KRM22 maintains expectations of positive earnings despite coronavirus pandemic
The risk management software firm said it had “continued to see interest” for its products in the first quarter of the year and that a number of multi-year contracts were in “advanced stages of negotiation”
KRM22 says it is on track for profitability in 2020
A number of new contracts, slightly delayed from 2019, are also expected to close "imminently" in the new financial year
KRM22 adds market risk capabilities to risk management platform
The risk management group said that it has achieved a "key goal" in building up its Global Risk Platform, which now includes 14 different products
KRM22 partners with regulatory reporting group deltaconX
The risk management group will make deltaconX’s service available through its Global Risk Platform, which it says will simplify regulatory reporting through automation
KRM22 signs up three new customers
The three new contract wins are expected to boost the risk management firm's recurring revenues to £4.3mln, rising to £4.4mln in 2020