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Checkit plc ( (GB:CKT) ) just unveiled an announcement.
Checkit reported that for the year to 31 January 2026 it achieved break-even adjusted EBITDA, ahead of expectations, after delivering £4.0m of annualised cost savings and generating positive EBITDA and cash in the second half. While headline ARR slipped 1% to £14.3m, it rose 2% at constant currency and underlying ARR grew 5% excluding a previously disclosed reduction from a large U.S. customer.
Total revenue edged down 2% to £13.7m as non-recurring income fell, but recurring revenue increased to 96% of the total, with longer contract durations enhancing revenue quality and visibility. Entering FY27 with a materially lower cost base, stronger operational discipline and a robust pipeline, the company plans to shift investment toward growth initiatives on its core platform, including a new user interface and enhanced operational intelligence capabilities, while maintaining tight financial control.
The most recent analyst rating on (GB:CKT) stock is a Hold with a £18.00 price target. To see the full list of analyst forecasts on Checkit plc stock, see the GB:CKT Stock Forecast page.
Spark’s Take on GB:CKT Stock
According to Spark, TipRanks’ AI Analyst, GB:CKT is a Neutral.
Checkit plc’s overall score is driven by strong technical momentum and positive corporate events, despite challenges in profitability and valuation. The CEO and CFO’s share purchases reflect confidence, but financial performance and valuation remain areas of concern.
To see Spark’s full report on GB:CKT stock, click here.
More about Checkit plc
Checkit plc, listed on AIM, provides automated monitoring and operational intelligence software for frontline-led organisations. Its platform focuses on subscription-based services that help customers manage compliance, safety and efficiency, with a growing emphasis on recurring revenue and long-term contracts to improve earnings visibility.
Average Trading Volume: 122,166
Technical Sentiment Signal: Sell
Current Market Cap: £18.9M
Find detailed analytics on CKT stock on TipRanks’ Stock Analysis page.