Krome Technologies cracks £30m in FY results

Milestone “reflects the dedication of our team and the trust our clients place in us,” said CEO Rupert Mills

Krome Technologies has passed the £30m revenue mark following another year of steady expansion across its UK and international operations.

The Surrey-based MSP reported turnover of £30.4m for the financial year beginning 1 November, up from £25.4m the previous year.

The figure means the firm has met the 2025 target outlined to CRNin September, when CEO Rupert Mills said the business was aiming for “closer to £30m” on the back of its US expansion and ongoing organic growth initiatives.

Krome said the uplift was supported by growth across its UK, EU and US entities, with its European operations increasing revenue by 47 per cent and its US arm, opened in January 2024, recording a sharp rise from a small base.

The business, which now employs more than 130 staff across the UK, Netherlands and US, has posted year-on-year top-line growth since its launch in 2009.

Managed and contractual services remain a core growth area.

Demand for Krome’s managed services and SOC offerings increased during the year, while its backup services portfolio grew 81 per cent, bolstering recurring revenue.

The company also highlighted gains through partner-led engagements where it provides technical expertise to firms lacking in-house capability.

Its Microsoft practice delivered a 68 per cent year-on-year increase across licensing, consultancy and professional services.

The business is a Microsoft Direct CSP partner and said the uptick reflects continued customer investment in cloud and modern workplace technologies.

Commenting on the results, Mills said the milestone “reflects the dedication of our team and the trust our clients place in us”, pointing to the company’s long-held focus on sustainable, organic growth.

Chief commercial officer Sam Mager added that the combination of direct client work, partner collaboration and Microsoft-aligned services had shaped the firm’s performance over the past year.

Looking ahead, Krome said it intends to continue expanding its managed services, security and Microsoft practices while building on the momentum of its EU and US operations.

The company previously told CRN it is targeting 15 per cent to 20 per cent top-line growth in 2026 after completing a modernisation of internal systems.