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Tech Capital

Kromek CEO confident of EBITDA break-even this financial year

Arnab Basu, the chief executive officer of Kromek Group PLC (LON:KMK), tells Proactive they've seen a solid increase in revenue in the six months to the end of October.

Revenue rose 27% to £4.8mln from £3.8mln the year before, leading to a significant narrowing of underlying losses (LBITDA) to £0.3mln from a loss the year before of £0.6mln.

The company is targeting break-even at the EBITDA level and remains on course to achieve this.

 

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