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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Checkit Plc | LSE:CKT | London | Ordinary Share | GB00B0C5RG72 | ORD 5P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -4.00 | -17.78% | 18.50 | 433,048 | 13:37:01 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 18.00 | 19.00 | 22.50 | 18.50 | 22.50 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Electrical Machy, Equip, Nec | 10.9M | -12.3M | -0.1139 | -1.62 | 19.98M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 13:46:39 | O | 25,000 | 18.98 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 07/11/2023 | 07:00 | UKREG | Checkit PLC Director/PDMR Shareholding |
| 14/9/2023 | 10:13 | ALNC |  Checkit eyes outperformance of market consensus; interim loss narrows |
| 14/9/2023 | 06:00 | UKREG | Checkit PLC Interim Results |
| 24/8/2023 | 06:00 | UKREG | Checkit PLC Investor Presentation |
| 10/8/2023 | 13:38 | ALNC | TRADING UPDATES: Aterian granted 10 exploration licences in Morocco |
| 10/8/2023 | 06:00 | UKREG | Checkit PLC Trading update notice of results & contract |
| 10/8/2023 | 05:33 | ALNC | GET READY: Antofagasta, Entain, Persimmon, Spirax-Sarco at 0700 BST |
| 08/6/2023 | 15:08 | UKREG | Checkit PLC Result of AGM |
| 24/5/2023 | 14:29 | UKREG | Checkit PLC Director/PDMR Shareholding |
| 15/5/2023 | 12:04 | UKREG | Checkit PLC Posting of Annual Report and Notice of AGM |
Checkit (CKT) Share Charts1 Year Checkit Chart |
|
1 Month Checkit Chart |
Intraday Checkit Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 23/10/2023 | 12:58 | Checkit | 208 |
| 27/10/2022 | 01:21 | Checkit plc | 73 |
| 12/8/2021 | 14:45 | Checkit Investor webinar | 3 |
| 31/12/2005 | 14:00 | Cricket - The square's looking good! | 633 |
| 16/4/2004 | 18:50 | Pakistan V India. The Cricket Thread. | 20 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 13:46:39 | 18.98 | 25,000 | 4,745.00 | O |
| 13:36:43 | 18.34 | 170,000 | 31,170.01 | O |
| 13:32:30 | 18.33 | 1,861 | 341.12 | O |
| 13:30:30 | 20.00 | 10,000 | 2,000.00 | O |
| 13:29:41 | 18.31 | 10,000 | 1,831.00 | O |
| Top Posts |
|---|
Posted at 04/12/2023 08:20 by Checkit Daily Update Checkit Plc is listed in the Electrical Machy, Equip, Nec sector of the London Stock Exchange with ticker CKT. The last closing price for Checkit was 22.50p.Checkit currently has 108,000,000 shares in issue. The market capitalisation of Checkit is £21,600,000. Checkit has a price to earnings ratio (PE ratio) of -1.76. This morning CKT shares opened at 22.50p |
Posted at 23/10/2023 12:58 by wad collector Run of sells this am taken the price to 23.5p ; that is rather gloomy. The race to true profitability continues. Let us hope the cash pile lasts. |
Posted at 14/9/2023 09:23 by tradertrev "There is an impressive amount of management speak in the statement" LOL.Share price reacting as one would expect given the increased likelihood that the cash won't run out before they get to cashflow breakeven. Personally I think the product will be a winner - just not sure about the valuation. I have a small holding with a net entry price of about 50p (from the free money era!) Kicking myself I didn't average, but hey ho. |
Posted at 30/8/2023 14:15 by wad collector Looks like a bit of a share price recovery; maybe the worst is behind CKT after all.... |
Posted at 29/5/2023 09:59 by gerihatrick CHECKIT (CKT)This company presented at Mello this month. They are in the business of digital transformation from paper-based processes. This is like Eagle Eye who digitised the whole paper process of “Loyalty cards and promotions.” It is also like Kainos who have digitised many processes in the Public Sector, including the Passport Office. At Mello, Rosemary Banyard of Downing Unique Opportunities Fund spelt out how this process was followed in renewing her passport. It took 6 days with notifications at each step of the way. It is one of her major holdings. Techinvest does not cover it as they would need to see stronger top line growth before viewing the company as a potential investment. This is because it will remain loss making for the next two years. The CEO was an officer in the Gurkhas for 7 years which included service in Iraq and Afghanistan. He then worked for an International Technology company for 7 years prior to becoming CEO of Checkit 2 years ago. The first service is workforce management. This identifies real time workflow for deskless workers, which is more efficient compared to paper, and more effective. (42m workflows) The second component is IOT sensors which link the data, leading to operational improvement. (42b sensor readings) In applying both components in relation to it largest client, John Lewis, who use both workforce management/IOT.They demonstrated the following savings with 22k endpoints monitored. £3.6m in food wastage savings; £24m in repurposed staff time and £0.6m in optimised energy savings. The return on the investment by JL is rapid. They have a contract with BP using their AI algorithm to predict food demand. Currently they are present in 441 forecourts with the potential to roll out to 4900 over time. They also have Compass and Greggs as clients in the food retail area. In the Health Care sector, they mentioned the Hallmark Care Homes Group who have a heavy reliance on paper-based processes. This is another example of the digital transformation. In Biopharma Temperature compliance is essential for research materials and manual and paper processes are prone to error. Over 90 NHS Trusts are using some component of their technology and others may follow. Restaurants are another market where they are active. They hope to expand further in the US and become market leaders in augmented workflow. (IOT sensors + software + analytics) FY revenue to Jan 2023 showed ARR £11.5m up 28%; recurring revenue was £9.6m up 41%; total revenue £10.3m up 22%. Cash £15.6m (18.3p/share) The transfer to recurring revenue is complete and is now 93% total revenue. Loss £7.3m and forecast loss over next 2 years £9m (ref Edison) Breakeven is anticipated in 2026 with ARR between £18-£20m. Retention rates are 116% which reflects their “land and expand approach.” They are accumulating tax credits of £100-£120k pa. The US has expanded from £0.4m in 2021 to £1.5m to £2.8m this year. The sales cycle varies according to region/size of contract from 18 months to 90 days. They have 500 customers in the UK/EU. D and A Holdings hold 21.76%; Keith Daley holds 19.37% (Ch and NED); HIT 9.42% and about 50% are in public hands. CEO holds 0.1% and CFO 0.05%. This summary has been sourced from their Mello presentation; IMC investor presentation in Feb 2023, their results presentation in April 2023, and Simon Thompson in the IC, who makes it one of his bargain shares for 2023 @ 29p. I have bought an initial holding at 24.5p. |
Posted at 22/5/2023 10:35 by melloteam Just to remind shareholders and prospective investors, Checkit will be presenting on the 24th of May this week at Mello2023. We have created a two day physical investor conference (23rd & 24th May) at the Clayton Hotel and Conference Centre in Chiswick that will include 15 top quality keynote speakers, 12 educational workshops and panel sessions, 50 exhibiting companies plus over 80 company presentations for investors to evaluate and understand their current or future investments. We will also be hosting a live BASH session, analysing lots of additional companies! For a £25 bonus add-on price delegates at Mello2023 are also invited to make it a three day visit and join us for the Mello2023 Virtual event the day after, Thursday 25th May. Tickets are still available and if you would like one at half price then enter the code MMTADVFN50. |
Posted at 17/5/2023 11:20 by melloteam Just to let shareholders and prospective investors know that Checkit will be presenting on the 24th of May next week at Mello2023. We have created a two day physical investor conference (23rd & 24th May) at the Clayton Hotel and Conference Centre in Chiswick that will include 15 top quality keynote speakers, 12 educational workshops and panel sessions, 50 exhibiting companies plus over 80 company presentations for investors to evaluate and understand their current or future investments. For a £25 bonus add-on price delegates at Mello2023 are also invited to make it a three day visit and join us for the Mello2023 Virtual event the day after, Thursday 25th May. Tickets are still available and if you would like one at half price then enter the code MMTADVFN50. |
Posted at 25/4/2023 09:33 by hatfullofsky From Simon Thompson at the ICGlobal supply chain challenges, the rising cost of labour and increased compliance requirements mean that the premium on simplifying deskless operations has never been more relevant. This is good news for Cambridge-based Checkit (CKT:29p), a technology group that provides customers with a workflow management software platform that delivers data-driven remote monitoring and automated systems surveillance to manage their teams of deskless workers. Digitising the scheduling and reporting of workflows can enhance staff efficiency and retention rates, operational insight and compliance. By targeting five key verticals (retail, healthcare, facilities management, franchise and biopharma), large organisations (two-thirds of sales pipeline), and expansion in the US (24 per cent of annual recurring revenue ARR), the group has doubled ARR to £11.5mn over the past two years. Gross margin is improving, too, rising from 61 per cent in the first half to 64.8 per cent in the second half of the latest financial year to help drive down the cash loss from £3.7mn to £2.7mn, respectively. Cash burn also fell 17 per cent in the second half, adding weight to the belief that net cash of £15.6mn (14.4p) should see Checkit through to cash profitability. The directors are currently predicting that the business will turn cash profitable in the financial year to 31 January 2026, but it could happen sooner if the group outperforms. For the new financial year, expect the cash loss to be slashed from £6.4mn to £3.7mn based on 21 per cent higher revenue of £12.5mn. Key drivers of move to profitability Key to maintaining the progress will be converting the new customer sales pipeline in the US, a key growth market that is five times larger than the UK, and expanding services to existing customers through the group’s ‘land and expand’ customer strategy. A good example is Checkit’s contract with BP (BP.). The oil giant uses a Checkit-developed artificial intelligence (AI) algorithm in its Food to Go outlets to reduce food wastage by accurately predicting the number of cooked items sold during the day and providing data insights to improve decision-making. Checkit doubled its footprint with BP by rolling out its platform across 441 BP forecourts in Australia and New Zealand. The plan is to scale up the contract to 4,900 locations within three years, representing a quarter of BP’s global network of service stations. A positive outlook statement and a drive to accelerate the path to profitability are highly supportive of the investment case for one of my 2023 Bargain Shares. Buy. |
Posted at 03/4/2023 14:25 by saadia110 Yes, seems that way. One of the directors bought 250,000 shares at this price 23/24p only in January. |
Posted at 09/2/2023 22:28 by hatfullofsky LDGARIXGATCNSCICKTTM |
Posted at 01/4/2022 09:53 by hatfullofsky Challenging targets set on the CEO's share options (vesting at 130p / current share price 42p) Each tranche of options will be subject to performance criteria and shall only vest subject to a 'Rule of 40 Target' being met on the dates outlined above. In addition, to be exercisable, the share price must be at or above a share price target of 130p (the "Share Price Target") on the date the options are exercised and the average share price must have been at or above this level during the 6 months prior to the exercise date. |
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