Checkit plc (CKT) AI Stock Analysis

• Market Cap: £17.82M
• Dividend Yield: N/A
• Average Volume (3M): 135.80K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.12
• Revenue Growth: 10.00%
• EPS Growth: 34.02%
• Country: UK
• Employees: 161
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -0.01
• Shares Outstanding: 108,008,560
• 10 Day Avg. Volume: 90,456
• 30 Day Avg. Volume: 135,803
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £15.00
• Price Target Upside: -9.09% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 49 Neutral
• Price Target: 15.00p ▼(-9.09% Downside)

Checkit plc's overall stock score is primarily impacted by its financial performance, which shows revenue growth but significant profitability and cash flow challenges. Technical analysis indicates a neutral trend, while valuation concerns are highlighted by a negative P/E ratio and lack of dividend yield.

Checkit plc Business Overview & Revenue Model

Company Description

Checkit plc provides cloud-based services through intelligent operations management platforms for deskless workforces in the United Kingdom and the Americas. The company offers software-as-a-service for connected workflow management, automated monitoring and building energy management, Internet of things, and operational insight-based products and services. It also provides web-based services for work management and automated monitoring. The company was formerly known as Elektron Technology plc and changed its name to Checkit plc in October 2019. Checkit plc was incorporated in 1948 and is headquartered in Cambridge, the United Kingdom.

How the Company Makes Money

Checkit plc generates revenue primarily through the sale of its software-as-a-service (SaaS) offerings and hardware devices. The company charges subscription fees for its cloud-based platform, which provides customers with ongoing access to its suite of operational management tools. Additionally, Checkit earns money from the sale of IoT devices that complement its software solutions, providing customers with integrated systems for monitoring and managing their operations. Key revenue streams include direct sales to customers in the hospitality and retail sectors, as well as potential partnerships with other technology providers that enhance its product offerings. The company's focus on recurring revenue through subscriptions allows for steady cash flow, while its partnerships may also lead to new business opportunities and expanded market reach.

Checkit plc Financial Statement Overview

Summary

Checkit plc shows positive revenue growth but struggles with profitability and cash flow. The balance sheet is stable with low leverage, but declining equity ratios and negative cash flows are concerns.

Income Statement

Checkit plc has demonstrated some growth in total revenue, increasing from £8.4 million in 2022 to £14.1 million in 2025, indicating a positive trajectory. However, the company is facing substantial challenges with profitability, as evidenced by persistent negative EBIT and net income over the years. The gross profit margin has improved, but the negative net profit margin reveals ongoing losses, which is a concern for financial health.

Balance Sheet

The company maintains a relatively healthy balance sheet with a low debt-to-equity ratio, reflecting conservative leverage. Stockholders' equity has decreased over time, but it remains positive, which is a good indicator of financial stability. The equity ratio has been declining, suggesting a reduction in asset backing by equity, which could be a potential risk if the trend continues.

Cash Flow

Checkit plc's cash flow situation highlights significant challenges, with negative operating cash flow and free cash flow in recent years. This indicates that the company struggles to generate sufficient cash from its core operations. Although there has been some improvement in free cash flow from 2024 to 2025, the overall cash flow remains negative, posing a risk to liquidity and financial flexibility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	14.10M	14.10M	12.00M	10.30M	8.40M	13.20M
Gross Profit	9.10M	8.30M	8.00M	5.00M	2.70M	4.70M
EBITDA	-2.90M	-2.90M	-3.20M	-7.00M	-6.60M	-3.40M
Net Income	-3.60M	-3.60M	-4.50M	-12.30M	-6.80M	-4.90M
Balance Sheet
Total Assets	19.90M	19.90M	23.10M	27.40M	37.30M	24.30M
Cash, Cash Equivalents and Short-Term Investments	5.10M	5.10M	9.00M	15.60M	24.20M	11.50M
Total Debt	600.00K	600.00K	500.00K	600.00K	700.00K	500.00K
Total Liabilities	8.80M	8.80M	8.50M	8.50M	6.30M	6.70M
Stockholders Equity	11.10M	11.10M	14.60M	18.90M	31.00M	17.60M
Cash Flow
Free Cash Flow	-1.30M	-1.30M	-6.80M	-6.70M	-5.70M	-3.20M
Operating Cash Flow	-1.10M	-1.10M	-4.70M	-6.30M	-4.90M	-2.90M
Investing Cash Flow	-2.60M	-2.60M	-1.60M	-2.00M	-2.30M	82.70M
Financing Cash Flow	-200.00K	-200.00K	-300.00K	-300.00K	19.90M	100.00K

Checkit plc Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 16.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CKT, the sentiment is Neutral. The current price of 16.5 is below the 20-day moving average (MA) of 16.52, above the 50-day MA of 15.34, and above the 200-day MA of 15.36, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 44.16 is Neutral, neither overbought nor oversold. The STOCH value of 42.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:CKT.

Checkit plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ALT	75 Outperform	19.69M	27.27	―	―	15.82%	37.50%
ARC	73 Outperform	13.91M	14.73	―	3.61%	6.76%	-11.53%
CRDL	50 Neutral	14.86M	-16.71	―	―	17.06%	-78.26%
CKT	49 Neutral	£17.82M	―	-29.25%	―	10.00%	34.02%
BIRD	49 Neutral	10.54M	-3.77	―	―	-17.02%	10.29%
PEN	40 Underperform	10.22M	-2.11	-30.86%	―	-31.21%	-292.31%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

Checkit plc Corporate Events

Checkit plc Reports Strong Financial Performance and Strategic Progress in H1 FY26

Checkit plc reported significant improvements in its financial performance for the first half of FY26, with a 65% improvement in adjusted LBITDA and a gross profit margin increase to 71%. The company achieved £3 million in annualized cost savings and saw a 3% increase in total revenue, despite a reduction in services from a large US customer. The company renewed contracts with two major US clients and increased the use of AI in product development, enhancing productivity and reducing costs. Checkit remains on track to achieve EBITDA profitability and cash flow breakeven by 2026, with a strong sales pipeline and continued focus on operational efficiency.

The most recent analyst rating on (GB:CKT) stock is a Hold with a £14.50 price target. To see the full list of analyst forecasts on Checkit plc stock, see the GB:CKT Stock Forecast page.

Checkit plc Awards Share Options to CFO

Checkit plc has granted 833,333 share options to Kris Shaw, the Chief Financial Officer, under its EMI Options Scheme. These options, exercisable at 15 pence per share, are contingent upon the company achieving or maintaining an EBITDA breakeven status, reflecting a strategic move to align executive incentives with financial performance goals.