24th Apr 2023 14:23
Checkit PLC - Cambridge-based operations platform for the deskless workers - Says results for the year ended January 31 were ahead of market expectations, which it did not specify, despite widening its annual pretax loss to GBP12.0 million from GBP8.2 million the year prior. Adjusted loss before interest, tax, depreciation and amortisation widens to GBP6.4 million from GBP5.6 million. Revenue, meanwhile, increases to GBP10.3 million from GBP8.4 million. Annual recurring revenue increases 28% to GBP11.5 million from GBP9.0 million. Notes that new financial year has started well with continued sales momentum in line with the board's expectations. Consequently, expects to meet market expectations for financial 2024. Read More
