KRM22 (AIM:KRM), the AIM-listed technology and software investment company focused on risk management for capital markets, has signed a new customer contract for its Limits Manager application.
The two-year deal carries annual recurring revenue (ARR) of $0.3m and represents a cross-sale with an existing major Futures Commission Merchant (FCM) client expanding its internal use of the application.
Following the win, and at current USD:GBP exchange rates, the Group's ARR has risen by £0.5m to £8m since 31 December.
The company said the contract supports its growth in ARR and underpins the board's expectations for the year, citing the quality of its sales pipeline and confidence in converting it.
"This contract win is further validation that the Limits Manager application continues to be a firmly established application within the FCM community," said chief executive Dan Carter, adding that the ARR growth marks "another milestone on our journey to create a cash generative and profitable business."
News Intelligence what this means for the company
KRM22 signed a two-year Limits Manager contract worth $0.3m ARR with an existing futures broker client, pushing group ARR to £8m—a £0.5m increase since year-end. The deal is a cross-sale within an existing customer, signalling both product stickiness in the FCM community and the company's ability to expand wallet share, which management flagged as central to its path to cash generation.
KRM22's ARR rose to £7.9m at end-June, and this contract lifts it to £8m, narrowing the gap to profitability; however, cash fell to £4.7m at half-year from £5.2m at end-2025, so the company remains dependent on converting its pipeline into revenue before cash reserves erode further.
Insights assembled by AI. Editor-reviewed and grounded in tickstock’s coverage and proprietary knowledge graph.
Content is for informational purposes only, not financial advice.