Checkit plc (CKT) AI Stock Analysis

• Market Cap: £22.68M
• Dividend Yield: N/A
• Average Volume (3M): 205.59K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.12
• Revenue Growth: 10.00%
• EPS Growth: 34.02%
• Country: UK
• Employees: 161
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -0.01
• Shares Outstanding: 108,008,560
• 10 Day Avg. Volume: 179,610
• 30 Day Avg. Volume: 205,592
• PEG Ratio: 0.25
• Price to Book (P/B): 1.65
• Price to Sales (P/S): 1.30
• P/FCF Ratio: -14.12
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): -1.66
• Revenue Forecast (FY): £1.27B

• Rating: 57 Neutral
• Price Target: 21.50p ▲(2.38% Upside)

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.

Positive Factors

Revenue Growth

The consistent increase in revenue indicates a growing market presence and successful product adoption, which is crucial for long-term business sustainability.

Business Model

A diversified revenue model with a focus on recurring subscription income provides stability and potential for scalable growth.

Balance Sheet Health

Low leverage enhances financial stability, allowing the company to navigate economic fluctuations and invest in growth opportunities.

Negative Factors

Profitability Challenges

Ongoing losses impact financial health and may limit the company's ability to reinvest in growth or weather economic downturns.

Cash Flow Issues

Negative cash flow indicates difficulty in generating sufficient cash from operations, posing risks to liquidity and financial flexibility.

Declining Equity Ratios

A declining equity ratio may signal weakening financial strength, potentially affecting the company's ability to secure financing or invest in growth.

Checkit plc Business Overview & Revenue Model

Company Description

Checkit plc provides cloud-based services through intelligent operations management platforms for deskless workforces in the United Kingdom and the Americas. The company offers software-as-a-service for connected workflow management, automated monitoring and building energy management, Internet of things, and operational insight-based products and services. It also provides web-based services for work management and automated monitoring. The company was formerly known as Elektron Technology plc and changed its name to Checkit plc in October 2019. Checkit plc was incorporated in 1948 and is headquartered in Cambridge, the United Kingdom.

How the Company Makes Money

Checkit plc generates revenue through a combination of software subscriptions, hardware sales, and service fees. The primary revenue stream comes from subscription-based models, where clients pay for access to Checkit's cloud-based platform, which provides operational insights and management capabilities. Additionally, the company earns income from selling IoT devices and sensors that integrate with its software. Checkit also offers professional services, including installation, training, and ongoing support, which further contribute to its earnings. Strategic partnerships with key industry players and integration with existing systems in customer operations enhance the company's market reach and revenue potential.

Checkit plc Financial Statement Overview

Summary

Checkit plc shows positive revenue growth but faces significant profitability and cash flow challenges. The balance sheet is stable with low leverage, but declining equity ratios and negative cash flows are concerning.

Income Statement

Checkit plc has demonstrated some growth in total revenue, increasing from £8.4 million in 2022 to £14.1 million in 2025, indicating a positive trajectory. However, the company is facing substantial challenges with profitability, as evidenced by persistent negative EBIT and net income over the years. The gross profit margin has improved, but the negative net profit margin reveals ongoing losses, which is a concern for financial health.

Balance Sheet

The company maintains a relatively healthy balance sheet with a low debt-to-equity ratio, reflecting conservative leverage. Stockholders' equity has decreased over time, but it remains positive, which is a good indicator of financial stability. The equity ratio has been declining, suggesting a reduction in asset backing by equity, which could be a potential risk if the trend continues.

Cash Flow

Checkit plc's cash flow situation highlights significant challenges, with negative operating cash flow and free cash flow in recent years. This indicates that the company struggles to generate sufficient cash from its core operations. Although there has been some improvement in free cash flow from 2024 to 2025, the overall cash flow remains negative, posing a risk to liquidity and financial flexibility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	14.30M	14.10M	12.00M	10.30M	8.40M	13.20M
Gross Profit	9.50M	8.30M	8.00M	5.00M	2.70M	4.70M
EBITDA	-1.60M	-2.90M	-3.60M	-7.00M	-5.60M	-3.40M
Net Income	-3.10M	-3.60M	-4.50M	-12.30M	-6.80M	-4.90M
Balance Sheet
Total Assets	17.80M	19.90M	23.10M	27.40M	37.30M	24.30M
Cash, Cash Equivalents and Short-Term Investments	2.70M	5.10M	9.00M	15.60M	24.20M	11.50M
Total Debt	400.00K	600.00K	500.00K	600.00K	700.00K	500.00K
Total Liabilities	8.70M	8.80M	8.50M	8.50M	6.30M	6.70M
Stockholders Equity	9.10M	11.10M	14.60M	18.90M	31.00M	17.60M
Cash Flow
Free Cash Flow	-1.80M	-1.30M	-6.80M	-6.70M	-5.70M	-3.20M
Operating Cash Flow	-1.80M	-1.10M	-4.70M	-6.30M	-4.90M	-2.90M
Investing Cash Flow	-2.20M	-2.60M	-1.60M	-2.00M	-2.30M	82.70M
Financing Cash Flow	-300.00K	-200.00K	-300.00K	-300.00K	19.90M	100.00K

Checkit plc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 21.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CKT, the sentiment is Positive. The current price of 21 is above the 20-day moving average (MA) of 20.13, above the 50-day MA of 17.64, and above the 200-day MA of 15.53, indicating a bullish trend. The MACD of 0.70 indicates Positive momentum. The RSI at 69.07 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:CKT.

Checkit plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ALT	75 Outperform	£14.97M	20.71	―	―	―	―
ARC	70 Outperform	£11.17M	11.83	11.10%	0.05%	6.76%	-11.53%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
CKT	57 Neutral	£22.68M	-7.32	-29.25%	―	10.00%	34.02%
BIRD	49 Neutral	£10.99M	-3.93	-32.98%	―	-9.19%	4.69%
PEN	47 Neutral	£9.51M	-1.96	-52.41%	―	-31.21%	-292.31%
CRDL	45 Neutral	£13.83M	-33.55	-14.44%	―	7.86%	70.77%

Checkit plc Corporate Events

Checkit CEO Increases Stake with Significant Share Purchase

Checkit plc announced that its CEO, Kit Kyte, has purchased 192,358 ordinary shares, increasing his stake to 1.55% of the company’s total issued share capital. This move reflects confidence in the company’s future prospects and could positively influence stakeholder perception and market positioning.

Checkit CEO Increases Stake in Company

Checkit plc announced that its CEO, Kit Kyte, has purchased 117,646 ordinary shares, increasing his total beneficial interest to 1.37% of the company’s issued share capital. This transaction, conducted on the London Stock Exchange, signifies a vote of confidence in the company’s future prospects and may positively influence stakeholder perception.

Checkit CEO Increases Stake in Company

Checkit plc announced that its CEO, Kit Kyte, has purchased 248,564 ordinary shares in the company, increasing his total beneficial interest to 1.26% of the company’s issued share capital. This transaction, conducted on the London Stock Exchange, reflects confidence in the company’s future prospects and may positively influence stakeholder perception.

Checkit CEO Increases Stake in Company

Checkit plc announced that its CEO, Kit Kyte, purchased 140,317 ordinary shares at an average price of 14.253 pence per share. This transaction increases Kyte’s total beneficial interest in the company to approximately 1.03% of the total issued share capital, potentially signaling confidence in the company’s future performance.

Checkit CEO Increases Stake with Significant Share Purchase

Checkit plc announced that its CEO, Kit Kyte, has purchased 309,116 ordinary shares, increasing his total beneficial interest to 974,913 shares, which represents approximately 0.90% of the company’s total issued share capital. This transaction may signal confidence in the company’s future prospects and could potentially influence stakeholder perceptions positively, given the CEO’s increased investment in the company.

Checkit plc Grants Share Options to CFO Kris Shaw

Checkit plc has announced the granting of 781,250 share options to its Chief Financial Officer, Kris Shaw, under its existing EMI Options Scheme. This move, which requires the company to be EBITDA breakeven or positive for the options to be exercised, reflects Checkit’s strategic focus on financial stability and incentivizing key management, potentially impacting its operational and financial trajectory.

Checkit CFO Increases Stake, Signaling Confidence in Future Prospects

Checkit plc announced that its Chief Financial Officer, Kris Shaw, has purchased 125,710 ordinary shares of the company, representing approximately 0.11% of the total issued share capital. This transaction, conducted on the London Stock Exchange’s AIM market, signifies a vote of confidence in the company’s future prospects by its financial leadership, potentially impacting stakeholder perceptions and market positioning.