Checkit plc (GB:CKT) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Checkit plc reports a robust first half of the financial year 2025, with a 38% increase in bookings and a 9% rise in Annual Recurring Revenue, reaching £13.8m. Revenue from continuing operations also grew by 16% to £6.7m, and the company made significant strides towards profitability, reducing adjusted LBITDA losses by 24%. The launch of their new Asset Intelligence module and a confident outlook for reaching profitability by January 2027 further highlight the company’s positive trajectory.
For further insights into GB:CKT stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue