Kromek Group plc is a leading developer of radiation detection solutions based on high performance sensor materials, primarily cadmium zinc telluride (CZT), for applications within the medical, nuclear and security screening markets. Our solutions provide high resolution information on material composition and structure to enable the identification of cancerous tissues and hazardous materials (including explosives), and the analysis of radioactive materials. With our vertically integrated technology offering and IP portfolio of over 247 patents, Kromek provides an end-to-end solution from the growth of CZT crystals to the design, development and manufacturing of finished products, including software, electronics and ASIC's. Headquartered in Durham, UK, we also have operations in US (California and Pennsylvania) and sell internationally through a combination of distributors and direct OEM sales.
Sedgefield, GB
Size (employees)
109 (est)-1%
Kromek Group is headquartered in Sedgefield, GB
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Kromek Group Office Locations

Kromek Group has an office in Sedgefield
Sedgefield, GB (HQ)
Thomas Wright Way
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Kromek Group Financials and Metrics

Kromek Group Revenue

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Kromek Group's revenue was reported to be £8.97 m in FY, 2017

Revenue (FY, 2017)

9 m

Gross profit (FY, 2017)

5.1 m

Gross profit margin (FY, 2017), %


Net income (FY, 2017)

(3.1 m)

EBITDA (FY, 2017)

(1.6 m)

EBIT (FY, 2017)

(3.8 m)

Cash (30-Apr-2017)

20.3 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


2.7 m6 m8.1 m8.3 m9 m

Revenue growth, %


Cost of goods sold

1.4 m2.1 m2.5 m3.9 m3.9 m

Gross profit

1.3 m3.9 m5.6 m4.4 m5.1 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


309 k6.6 m1.2 m3.9 m20.3 m

Accounts Receivable

1.2 m1.7 m3.7 m4.6 m6 m


2.1 m2.4 m2.1 m2.8 m3.2 m

Current Assets

4.8 m11.6 m8.4 m12.6 m30.1 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(643 k)(3.2 m)(2.1 m)(2.2 m)(3.1 m)

Cash From Operating Activities

(1.2 m)(2.2 m)(2.4 m)(2.8 m)(1.5 m)

Cash From Financing Activities

3.7 m10.5 m1.8 m9.2 m22.8 m

Net Change in Cash

(208 k)6.5 m(5.3 m)2.8 m16.5 m
GBPY, 2017


80.8 k

Financial Leverage

1.2 x
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Kromek Group Operating Metrics

FY, 2016

Patents Issued


Patents Pending

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Kromek Group Revenue Breakdown

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Kromek Group revenue breakdown by geographic segment: 52.7% from UK operations and 47.3% from US operations

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Kromek Group Online and Social Media Presence

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Kromek Group Company Life and Culture

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