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KRM22 PLC (LON: KRM), Keith Todd, describes his recently signed partnership with quantitative solution provider Quant Foundry to integrate risk models into his enterprise risk badpit (ERC).
Regarding trades in the first half, Todd said recurring annual revenue (ARR) had risen 24 percent since the end of 2018 to £ 4.1 million, in line with management's expectations.
The group increased its number of customers from 26 to 37 at the end of 2018, while cash at the end of June amounted to 1.4 million pounds sterling with a term debt of 2, £ 1 million.
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