Checkit Plc Reports An Operating Loss of £3.0 Million For H1 FY20

  • Checkit Plc (CKT) has announced its results for the six months ended 31 July 2019.
  • The group’s revenue stood at £4.4 million, which included £3.2 million generated from Checkit and £1.2 million from EET as compared to £0.4million from Checkit and £1.2 million from EET in H1 FY19.
  • There was an operating loss of £3.0 million after charging £0.2 million CUK acquisition costs and an increase in investment in sales and marketing, product development and other costs.
  • On 22nd October 2019, at the time of writing, GMT 11:56 AM, CKT shares were trading at GBX 53.50, down by 0.50 points or 0.93 per cent against the previous day closing price.

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