Checkit plc (GB:CKT)
LSE:CKT
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Checkit plc
(LSE:CKT)
Select Model
Select Model
Rating:54Neutral
Price Target:
22.00 p
▲(4.76% Upside)
Action:Reiterated
Date:04/23/26
The score is held back mainly by ongoing unprofitability, negative cash flow, and meaningful equity erosion despite improving loss trends and low debt. Technicals are supportive with a strong uptrend, but extremely overbought momentum raises near-term risk. Valuation is difficult to support due to negative earnings and no dividend yield provided.
Positive Factors
Recurring subscription services
A subscription-led model with recurring software and services revenue supports predictable, longer-duration cash flows and customer retention. This allows the company to scale revenue via seat/site expansion and upsells, making growth more durable and monetization more repeatable over months.
Negative Factors
Persistent unprofitability
Despite improvement, ongoing negative operating profit and net margins mean the business has not yet achieved sustainable earnings. Continued unprofitability requires either sustained funding or structural margin improvement to avoid dilution or strategic constraints over the coming months.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring subscription services
A subscription-led model with recurring software and services revenue supports predictable, longer-duration cash flows and customer retention. This allows the company to scale revenue via seat/site expansion and upsells, making growth more durable and monetization more repeatable over months.
Read all positive factors
Checkit plc (CKT) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£23.22M
Dividend YieldN/A
Average Volume (3M)205.59K
Price to Earnings (P/E)―
Beta (1Y)0.25
Revenue Growth-2.84%
EPS Growth22.22%
CountryUK
Employees161
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.03
Shares Outstanding108,008,560
10 Day Avg. Volume179,610
30 Day Avg. Volume205,592
Financial Highlights & Ratios
PEG Ratio0.32
Price to Book (P/B)2.38
Price to Sales (P/S)1.46
P/FCF Ratio-10.52
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.01
Revenue Forecast (FY)£15.40M
Checkit plc Business Overview & Revenue Model
Company Description
Checkit plc, established in 1948 and based in Cambridge, United Kingdom, specializes in providing cloud-based services through advanced operations management platforms. The company caters to deskless employees across the UK and the Americas. Its o...
How the Company Makes Money
Checkit plc primarily makes money by selling access to its software platform to business customers, typically on a recurring basis (for example, subscriptions or term-based software contracts) tied to factors such as the number of sites, users, mo...
Checkit plc Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
63
Positive
Cash Flow
28
Negative
| Breakdown | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 13.70M | 14.10M | 12.00M | 10.30M | 8.40M |
| Gross Profit | 8.30M | 8.30M | 8.00M | 5.00M | 2.70M |
| EBITDA | -100.00K | -2.90M | -3.60M | -7.00M | -5.60M |
| Net Income | -2.80M | -3.60M | -4.50M | -12.30M | -6.80M |
Balance Sheet | |||||
| Total Assets | 16.40M | 19.90M | 23.10M | 27.40M | 37.30M |
| Cash, Cash Equivalents and Short-Term Investments | 3.00M | 5.10M | 9.00M | 15.60M | 24.20M |
| Total Debt | 300.00K | 600.00K | 500.00K | 600.00K | 700.00K |
| Total Liabilities | 8.00M | 8.80M | 8.50M | 8.50M | 6.30M |
| Stockholders Equity | 8.40M | 11.10M | 14.60M | 18.90M | 31.00M |
Cash Flow | |||||
| Free Cash Flow | -1.90M | -1.30M | -6.80M | -6.70M | -5.70M |
| Operating Cash Flow | -100.00K | -1.10M | -4.70M | -6.30M | -4.90M |
| Investing Cash Flow | -1.80M | -2.60M | -1.60M | -2.00M | -2.30M |
| Financing Cash Flow | -200.00K | -200.00K | -300.00K | -300.00K | 19.90M |
Checkit plc Technical Analysis
Negative
21.00
Price Trends
24.32
Negative
20.71
Positive
19.28
Positive
Market Momentum
-0.74
Positive
23.62
Positive
22.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CKT, the sentiment is Negative. The current price of 21 is below the 20-day moving average (MA) of 23.73, below the 50-day MA of 24.32, and above the 200-day MA of 19.28, indicating a neutral trend. The MACD of -0.74 indicates Positive momentum. The RSI at 23.62 is Positive, neither overbought nor oversold. The STOCH value of 22.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:CKT.
Checkit plc Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | £138.25M | 1,330.88 | 0.31% | ― | -1.56% | -98.71% | |
68 Neutral | £203.01M | 83.22 | 5.22% | 0.80% | 19.00% | -53.85% | |
68 Neutral | £189.35M | -905.17 | -2.11% | ― | 31.86% | -115.22% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
56 Neutral | £48.70M | -22.58 | -3.09% | 2.00% | 5.73% | -5.65% | |
54 Neutral | £23.22M | -8.30 | -29.25% | ― | -2.84% | 22.22% | |
46 Neutral | £35.99M | -25.26 | 49.22% | ― | 2.83% | -261.02% |
* Technology Sector Average
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Checkit plc Corporate Events
Business Operations and StrategyM&A Transactions
Checkit appoints EC M&A as joint adviser in ongoing Formal Sale Process
Neutral
Jun 1, 2026
Checkit has updated shareholders on its ongoing Formal Sale Process, confirming the appointment of U.S.-headquartered specialist adviser EC MA as joint financial adviser to handle discussions with interested parties. The move is intended to ensure...
Shareholder Meetings
Checkit AGM Resolutions Passed Amid Significant Dissent on Share Authority
Neutral
May 22, 2026
Checkit plc reported that all resolutions at its latest Annual General Meeting were passed following a poll of shareholders. Investors overwhelmingly backed the annual report and accounts, the directors’ remuneration report, the re-appointme...
Business Operations and StrategyM&A TransactionsShareholder Meetings
Checkit Receives Interest in Ongoing Formal Sale Process
Neutral
May 22, 2026
Checkit plc said it has received credible interest from potential acquirers since launching a Formal Sale Process on 26 March 2026, as it updated shareholders ahead of its Annual General Meeting. The company stressed that discussions remain ongoin...
Financial DisclosuresRegulatory Filings and ComplianceShareholder Meetings
Checkit posts FY26 annual report and sets date for AGM
Neutral
Apr 27, 2026
Checkit plc has published its annual report for the year ended 31 January 2026 and distributed it, along with the notice of its Annual General Meeting, to shareholders, with both documents also available on the company’s website. The AGM is ...
Business Operations and StrategyFinancial DisclosuresM&A Transactions
Checkit swings to EBITDA profit and launches sale process to unlock value
Positive
Apr 21, 2026
Checkit reported a pivotal year to 31 January 2026, achieving adjusted EBITDA profitability of £0.3m versus a prior-year loss, supported by a £4m cost-savings programme, a cash-generative second half and net cash of £3m at year-end....
Business Operations and StrategyM&A Transactions
Checkit launches Formal Sale Process to address valuation gap and explore sale
Neutral
Mar 26, 2026
Checkit has launched a Formal Sale Process after a strategic review concluded that a sale could better realise value for shareholders than remaining on the public markets. The board argues that the company’s improving operational performance...
Business Operations and StrategyM&A Transactions
Checkit launches formal sale process to address valuation gap
Positive
Mar 26, 2026
Checkit has launched a Formal Sale Process under the U.K. Takeover Code after receiving six unsolicited expressions of interest over the past nine months from international private equity and strategic bidders. The board argues that the company...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.