Kromek Group plc (KRMKF) Q4 2026 Earnings Call Prepared Remarks Transcript

Arnab Basu
CEO & Executive Director

Hi. I am Arnab Basu, CEO of Kromek.

Claire Burgess
CFO, Company Secretary & Director

And I’m Claire Burgess, CFO of Kromek.

Arnab Basu
CEO & Executive Director

For the fiscal 2026, we are very pleased to report the results, which are in line with market expectation. We said what we are going to do 18 months back, and we did that. Revenues of GBP 27.1 million, and that revenue is driven by growth in both sides of the business, the Advanced Imaging and also on the CBRN detection side. Both businesses saw strong underlying growth coming through. And as we entered this year, fiscal 2027, we remain very confident of delivering results in line with, again, what we said to the market, in line with expectation.

I’ll hand you over to Claire now, who is going to take us through the financials, and I’m going to come back and talk about the individual business segment performance and what the opportunities lies ahead.

Claire Burgess
CFO, Company Secretary & Director

Thanks, Arnab. As Arnab highlighted, our results for the year at GBP 27.1 million revenue were in line with market expectations. But more importantly, the growth in the underlying business of 36% underpins business for continued growth as we move forward into our financial year 2027. As you know, the reduction in the gross margin is expected, and it’s just a reflection of the change in product mix as the high-margin enablement contract revenue contributed GBP 16.5 million in 2025 compared to the GBP 10 million in 2026. It’s important to note that the underlying margins were maintained on both sides of the