Kron Technologies Delivers Record 2025 Results: 31% Revenue Growth, 51% EBITDA Margin

Kron Technologies (BIST: KRONT), a global cybersecurity software company operating across 35 countries, today announced audited full-year 2025 financial results that surpassed all guidance metrics — posting 31% real revenue growth and a 51% EBITDA margin while nearly tripling Annual Recurring Revenue over two years.

Subscription Transition Delivering Compounding Returns

The company's pivot to a subscription-first model is now generating measurable structural returns. ARR grew 43% in 2025, nearly three times the level of two years ago. Subscription and maintenance revenues now represent the majority of total income — a threshold that confirms the business model transformation is complete, not in progress.

USD-denominated invoiced revenues grew 25%, and disciplined cost management drove EBITDA margins to 51%, exceeding even the company's revised targets. Kron added 74 new customers in 2025, bringing its total base to over 400, with international revenue accounting for 30% of total sales.

"The tripling of our ARR within two years proves that our subscription-oriented strategy has created permanent, compounding momentum," said Ayşe Yenel, Co-CEO. "We are scaling our operational infrastructure and global sales organization while maintaining profitability — and that balance will remain central to our growth strategy."

Cybersecurity Is Entering a Structural Growth Phase

The market backdrop for Kron's solutions has never been stronger. Rapid digitalization, expanding regulatory requirements, and the integration of AI into enterprise environments are fundamentally reshaping the identity security landscape. In today's corporate environments, non-human identities — service accounts, AI agents, automation processes — outnumber human identities 144 to 1. Research indicates that approximately 80% of cyberattacks involve compromised credentials.

Kron's product portfolio addresses both dimensions of this challenge: securing privileged human access through its PAM platform, and managing the rapidly expanding universe of machine identities through its Non-Human Identity Management capabilities.

"The cybersecurity market is growing structurally — regulations, digitalization, and AI are creating permanent demand," said Zeynep Yenel Onursal, Co-CEO. "Kron is positioned at the heart of this transformation. Global analyst recognition confirms that our product strategy is precisely aligned with where the market is going."

2025 At a Glance

• Financial Results
• Investor Presentations
• Stock Market Announcement