Checkit – interims, “on an accelerated track to profitability”…or not?
By Steve Moore | Thursday 14 September 2023
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
‘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?
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