Checkit plc (GB:CKT) has released an update.
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Checkit plc reports a robust first half of the financial year 2025, with a 38% increase in bookings and a 9% rise in Annual Recurring Revenue, reaching £13.8m. Revenue from continuing operations also grew by 16% to £6.7m, and the company made significant strides towards profitability, reducing adjusted LBITDA losses by 24%. The launch of their new Asset Intelligence module and a confident outlook for reaching profitability by January 2027 further highlight the company’s positive trajectory.
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