KRM22 Plc expects to report Adjusted EBITDA loss in FY2019

  • Jan 13, 2020 GMT
  • Team Kalkine

KRM22 Plc (LON:  KRM) has released a trading update for the 12-month period to 31 December 2019.

  • The company has stated that in line with market expectations, it expects to report FY2019 full-year performance of Adjusted EBITDA loss.
  • Reflecting an 18 per cent organic growth rate for FY2019, the company has ARR of £4.5 million as at the 2019 constant exchange rate (£4.3 million at current rates), as compared to £3.3 million in 2018.
  • The company has reported that it has a strong pipeline of prospects and remains focused on driving organic growth during FY2020.
  • On 13th January 2020, at the time of writing, GMT 08:17 AM, KRM shares were trading at GBX 52.50, unchanged against the previous day closing price.

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