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Checkit plc
(LSE:CKT)
Select Model
Select Model
Rating:50Neutral
Price Target:
16.00 p
▼(-20.00% Downside)
Action:Reiterated
Date:09/29/26
The score is held back primarily by still-negative profitability and cash flow and significant equity erosion despite improving losses and a low-debt balance sheet. Technicals are also weak versus major moving averages, while valuation is somewhat supportive but limited by the lack of positive earnings and no dividend data.
Positive Factors
Recurring SaaS model
A subscription-led model can provide a recurring revenue base as customers continue using workflow and compliance tools across sites, teams and modules. This supports visibility and creates opportunities for expansion through additional users, locations or functionality over the medium term.
Negative Factors
Persistent unprofitability
Checkit has not yet demonstrated sustainable earnings from its current revenue base, as operating and net profitability remain negative. Until margins reach break-even, the company has less internally generated capacity to reinvest, absorb setbacks or support durable shareholder returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring SaaS model
A subscription-led model can provide a recurring revenue base as customers continue using workflow and compliance tools across sites, teams and modules. This supports visibility and creates opportunities for expansion through additional users, locations or functionality over the medium term.
Read all positive factors
Checkit plc (CKT) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£17.55M
Dividend Yield6.46%
Average Volume (3M)542.43K
Price to Earnings (P/E)―
Beta (1Y)0.49
Revenue Growth-8.39%
EPS Growth48.43%
CountryUK
Employees117
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.01
Shares Outstanding108,008,560
10 Day Avg. Volume684,462
30 Day Avg. Volume542,430
Financial Highlights & Ratios
PEG Ratio0.32
Price to Book (P/B)2.38
Price to Sales (P/S)1.46
P/FCF Ratio-10.52
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)<0.01
Revenue Forecast (FY)£15.40M
Checkit plc Business Overview & Revenue Model
Company Description
Checkit plc, established in 1948 and based in Cambridge, United Kingdom, specializes in providing cloud-based services through advanced operations management platforms. The company caters to deskless employees across the UK and the Americas. Its o...
How the Company Makes Money
Checkit plc makes money primarily by selling access to its software platform on a subscription basis (software-as-a-service), where customers pay recurring fees to use its workflow/compliance tools across sites, teams or user bases. Revenue is typ...
Checkit plc Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
63
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 13.10M | 13.70M | 14.10M | 12.00M | 10.30M | 8.40M |
| Gross Profit | 7.50M | 8.30M | 8.30M | 8.00M | 5.00M | 2.70M |
| EBITDA | 1.00M | -100.00K | -2.90M | -3.60M | -7.00M | -5.60M |
| Net Income | -1.60M | -2.80M | -3.60M | -4.50M | -12.30M | -6.80M |
Balance Sheet | ||||||
| Total Assets | 15.60M | 16.40M | 19.90M | 23.10M | 27.40M | 37.30M |
| Cash, Cash Equivalents and Short-Term Investments | 2.90M | 3.00M | 5.10M | 9.00M | 15.60M | 24.20M |
| Total Debt | 200.00K | 300.00K | 600.00K | 500.00K | 600.00K | 700.00K |
| Total Liabilities | 8.00M | 8.00M | 8.80M | 8.50M | 8.50M | 6.30M |
| Stockholders Equity | 7.60M | 8.40M | 11.10M | 14.60M | 18.90M | 31.00M |
Cash Flow | ||||||
| Free Cash Flow | 1.80M | -1.90M | -1.30M | -6.80M | -6.70M | -5.70M |
| Operating Cash Flow | 1.80M | -100.00K | -1.10M | -4.70M | -6.30M | -4.90M |
| Investing Cash Flow | -1.50M | -1.80M | -2.60M | -1.60M | -2.00M | -2.30M |
| Financing Cash Flow | -100.00K | -200.00K | -200.00K | -300.00K | -300.00K | 19.90M |
Checkit plc Technical Analysis
Negative
20.00
Price Trends
20.46
Negative
21.43
Negative
20.60
Negative
Market Momentum
-1.50
Positive
24.51
Positive
16.32
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CKT, the sentiment is Negative. The current price of 20 is below the 20-day moving average (MA) of 20.60, below the 50-day MA of 20.46, and below the 200-day MA of 20.60, indicating a bearish trend. The MACD of -1.50 indicates Positive momentum. The RSI at 24.51 is Positive, neither overbought nor oversold. The STOCH value of 16.32 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:CKT.
Checkit plc Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | £214.10M | 134.95 | 3.23% | 0.75% | 20.24% | -62.04% | |
63 Neutral | £154.23M | -44.94 | -26.19% | ― | 47.75% | -308.39% | |
62 Neutral | £62.63M | -26.79 | -3.58% | 3.39% | -5.90% | -207.35% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | £41.57M | -33.20 | 34.82% | ― | 6.07% | -851.52% | |
56 Neutral | £142.06M | 513.83 | 0.81% | ― | -3.16% | -82.91% | |
50 Neutral | £17.55M | -10.81 | -20.00% | 6.46% | -8.39% | 48.43% |
* Technology Sector Average
GB:CKT
Checkit plc
16.00
0.00
0.00%
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Checkit plc Corporate Events
Business Operations and StrategyFinancial Disclosures
Checkit returns to EBITDA profit as it streamlines for next growth phase
Positive
Sep 28, 2026
Checkit reported a return to adjusted EBITDA profitability in the first half to 31 July 2026, with a £0.3m profit from continuing operations versus a prior-year loss, supported by cost reductions, a leaner operating model and a 4% rise in rec...
Business Operations and StrategyFinancial DisclosuresM&A Transactions
Checkit Ends Sale Process to Pursue Independent Growth Strategy
Negative
Sep 28, 2026
Checkit has ended the formal sale process it launched in March after receiving multiple indications of interest from strategic and financial buyers but deciding that none resulted in a transaction the board could recommend. The company had set a 3...
Business Operations and StrategyRegulatory Filings and Compliance
Checkit updates registered address for its AIM-listed operations
Neutral
Aug 3, 2026
Checkit plc has updated its corporate details by changing its registered address to 93 Fleet Rd, Fleet GU51 3PJ. The move represents an administrative adjustment rather than a strategic shift, with no indication of immediate impact on its operatio...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.