Checkit Share Discussion Threads

[hatfullofsky] 12/8/2022 15:00

the Board is accelerating its plan to achieve profitability. An update will be provided in the interim results announcement, expected to be issued on 15 September 2022.

[milly85] 12/8/2022 14:57

I think it is time to put the Company up for sale
Keith (Daley) you have had plenty of time to get this right, you have done very well financially out of Bulgin, Electron and checkit.
Rosy future next year has worn a little thin.
Directors salary over £1m pa deserves a better result

[hatfullofsky] 12/8/2022 14:50

To state the bleeding obvious, somebody is selling. EV now £6.5m

[wad collector] 12/8/2022 13:53

Approaching an all time low, though the chart here does not include it's previous name.

[wad collector] 11/8/2022 13:32

I'm not sure what to make of the TU today. Optimistic noises but not numbers.
Not stopping the dismal share price slide .

[my retirement fund] 11/8/2022 08:59

That terrible decline in cash, 4.7 million, so given revenue looks like getting on 10 million must have left the business. Shocking

[slicethepie] 11/8/2022 07:39

In the statement

[slicethepie] 11/8/2022 07:39

Non-recurring revenue declined as planned in line with the Board's expectations. The Group is now wholly focused on delivering recurring revenue from its technology solutions, rather than one-off projects with minimal software input.

[my retirement fund] 11/8/2022 07:34

So can anyone explain why Non-recurring has fallen off a cliff ?

[zipstuck] 11/8/2022 07:20

Close the business and stick the money in the bank and they will be profitable

[johndoe23] 11/8/2022 06:51

Terrible update

[hatfullofsky] 26/7/2022 22:48

MCAP £32m, Cash at year end of GBP24.2m.Investment in growth in US.No news has hurt CKT

[tradertrev] 26/7/2022 16:51

They need to stop loosing money and at the very least break even. The free money era is over.

[wad collector] 26/7/2022 14:41

If it keeps falling at the same rate over the next 9 months it will be worth nothing by next year.

There is a TU in 2 weeks but hard to imagine anything good will be in it.

[wad collector] 08/6/2022 18:43

That's a depressing look chart as we hit a new 2 yr low. Is this a terminal lemon or should we hold faith?

[melloteam] 15/5/2022 20:58

Mello2022, the popular three-day Investor event takes place on 24TH-26TH MAY at the Clayton Hotel & Conference Centre, Chiswick, W4. The breakdown of the three days is as follows:

Tuesday 24th May, 9am - 6pm - Mello Investment Trusts and Funds (WE ARE GIVING AWAY 20 FREE TICKETS TO THE TRUST AND FUNDS EVENT - THE FREE CODE IS FIRST20TF)

Wednesday 25th & Thursday 26th May, 9am - 6pm - Smaller Growth and Mid-Cap Companies

Just to let shareholders and prospective investors know that CHECKIT will be among the 60+ LSE Small Cap and AIM listed companies attending. There will also be keynote speakers such as Lord John Lee, Andy Brough, Rosemary Banyard, Clarke Carlisle and Gervais Williams.

Tickets for 1 day are £115 and tickets for 2 days are £189. To get 50% off, use code MMTADVFN50.

For more information, please visit the event webpage:

[my retirement fund] 04/5/2022 13:40

Not a lot of money for such a big customer CP are as big as it gets for a UK based business!

[tradertrev] 03/5/2022 10:07

Good longer term prospects, but the market isn't currently interested in loss-making "startups". While happy with progress, I'm disappointed that there is no commitment to a timetable for achieving breakeven or positive cashflow - just about scaling. Seems to still be in a "free money era" mindset, which isn't really good enough.
Happy to hold what I've got, but doesn't feel like a hurry to top up just yet.

[yellowstoneadvisory] 29/4/2022 11:20

If you missed the FY results webinar y'day watch recording here.
43% ARR growth, Mgmt happy with mkt exp of 46% ARR growth this yr
Checkit products Improve productivity, compliance, management visibility on operations and staff retention

[buywell3] 28/4/2022 06:40

Losses have increased

Back to 2020 levels, from the results

Operating loss of GBP7.1m (FY21: loss of GBP5.3m)



Income Statement

Fiscal Year Ends .. 2017 2018 .2019 .2020. 2021 .2022
Operating Profit(M) 0.20 2 50 -4.50 -7.50 -4.40 -7.1

[yellowstoneadvisory] 28/4/2022 06:17

#CKT FY results inline. Transition to a pure SAAS business continues at a good pace.
ARR + 43% to £8.2m. Pipeline of ARR stood at £15.4m , current trading has progressed well , in line with mkt expectations
Webinar at 12pm today. Register

[yellowstoneadvisory] 20/4/2022 06:36

Reminder FY results next week on 28/4
Webinar at 12pm with Kit Kyte CEO and Greg Price CFO: register

[wad collector] 04/4/2022 08:47

Yes good to see an option target aimed at improving the share price rather than an easy bonus. Let us hope hope he gets rewarded.