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Kromek hails maiden profit in full year results
The Journal
|September 17, 2025
DETECTION technology specialist Kromek says a better than expected performance has brought its first profit.
The County Durham-based maker of radiation detection equipment turned a £3.5m pretax loss into £3.1m profit in the year to the end of April. Bosses say the change was thanks to lower than expected costs and higher than anticipated revenue on its landmark Siemens Healthineers work, which delivered a $25m payment during the year.
The London Stock Exchange-listed firm saw revenue jump 37% to £26.5m from £19.4m the year before, with its advanced imaging division making the largest gains with revenue up to £20.3m from £9m.
This story is from the September 17, 2025 edition of The Journal.
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