FYJan21 results are consistent with the y/e update and evidence a strong performance that has exceeded our forecasts on every metric…and notwithstanding Covid. The highlight is unquestionably ARR: +46% y/y to £5.7m (~43%/sales) and shows how CKT is transitioning to become a software-led organisation. Addressing an underserved international market, where demand for its digital solutions have been enhanced by the pandemic, we see how CKT provides exposure to a meaningful growth opportunity. FY22 h ....
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Ambition turning to fruition
Checkit plc (CKT:LON) | 21.0 0 0.0% | Mkt Cap: 22.7m
- Published:
29 Apr 2021 -
Author:
Caspar Erskine | Harold Evans | Kevin Ashton -
Pages:
3
FYJan21 results are consistent with the y/e update and evidence a strong performance that has exceeded our forecasts on every metric…and notwithstanding Covid. The highlight is unquestionably ARR: +46% y/y to £5.7m (~43%/sales) and shows how CKT is transitioning to become a software-led organisation. Addressing an underserved international market, where demand for its digital solutions have been enhanced by the pandemic, we see how CKT provides exposure to a meaningful growth opportunity. FY22 h ....