There’s news from jargon platform company (Oops, I mean “intelligent operations platform for frontline-led organisations” company), Checkit plc (CKT) including half-year results headlined “EBITDA profitable, focused and positioned for the next phase of growth”. So what about a current share price response to 16p, around 30% lower?
Jargon ‘platform’ company (Oops, I meant self-described “automated monitoring and operational intelligence platform for frontline-led organisations” company!) Checkit (CKT) has issued a trading update for its year ended 31st January 2026 emphasising that it has “delivered adjusted EBITDA break-even ahead of market expectations and generated cash in the second half” and “positive adjusted EBITDA of £0.5m in H2… With a lower cost base and a strong pipeline, we enter FY27 positioned to pursue growth”. What’s the detail and valuation with the shares currently more than 7% higher to 18.5p in response?
Business jargon self-described “automated monitoring platform for operational leaders” company, Checkit (CKT) has announced results for its half-year ended 31st July 2025 headlined “Significant improvement in financial performance achieved in H1 and further improvements expected in the second half. Pipeline close to an all-time high”. What of a current share price response up to 15p, but still down from a start of its half-year 17p?
Following a share price fall on its half-year results announcement yesterday, Checkit plc (CKT) has announced a share purchase by its Non-Executive Chair. Does this look an encouraging indicator or more an attempted spoof?
Writing on ‘automated monitoring platform’ company Checkit plc (CKT) in June with the shares at 24p on an announced approach to Crimson Tide (TIDE) I concluded that, with the level of the possible offer it is making, I suggest it’s going to need good luck with those discussions!, and to continue to avoid. What’s the stance now with that approach having fallen away and shares in Checkit currently further down to 21p on the back of results for its half-year ended 31st July 2024?
Checkit (CKT) has announced a formal approach to the board of Crimson Tide (TIDE) regarding a possible all-share offer at 7 Checkit shares per Crimson Tide share, stating “values each Crimson Tide share at 182 pence… believe it will position the enlarged entity as a market leader in workflow software solutions, leveraging the strengths of both organisations for enhanced profitability and competitive advantage whilst being more attractive to existing and potential new investors”. Is that so?
‘Operations platform for the deskless worker’ company Checkit (CKT) has announced results for its half-year ended 31st July 2023 including CEO Kit Kyte emphasising that it “is on an accelerated track to profitability”. How ‘accelerated’ is this track with the shares currently responding up towards 30p?
Previously writing on “operations platform for the deskless worker” company Checkit (CKT), in April with the shares down to 28p I concluded “congratulations on the currently continuing significant cash burn and I’ll wait to see how well positioned the company really is! Currently still avoid/sell”. The shares most recently closed at 23.5p and what of now a “Trading update, notice of results & contract” announcement?
Previously writing on ‘deskless workforce’ technology company Checkit (CKT), in February with the shares at 30p I noted “ahead of market expectations”… but how creditable is this?. What then now of “pleased to report” full-year results… and the shares at 28p?
‘Deskless workforce’ technology company Checkit (CKT) has issued a trading update emphasising “Annual Recurring Revenue increased by 28% to £11.5m, vs. consensus market expectations of £10.8m (+20%). Net cash at 31 January 2023 of £15.6m vs. consensus market expectations of £15.2m… we expect the positive sales momentum to continue”. What then of a share price of 30p, down from around 45p a year ago?
