NETPark-based technology firm, Kromek, has announced a revenue increase of 12 per cent to £19.4 million, up from £17.3 million in the previous year.

Gross margins improved to 55.2 per cent, compared to 51.6 per cent in 2023, alongside a turnaround in adjusted EBITDA, which reached £3.1 million from a £1 million loss the prior year.
The firm also reduced its pre-tax loss down to £3.5 million from £7.3 million.