Income Statement Checkit plc

Stocks

EKT

GB00B0C5RG72

Software

Market Closed - London S.E. 18:35:14 11/09/2026 +03			5-day change	1st Jan Change
24.00 ^GBX	-4.00%		+14.29%	+14.29%

09-08	EARNINGS AND TRADING: Acuity eyes 'breakeven' as loss narrows	AN
09-08	Checkit plc Set to Conclude Formal Sales Process	MT

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Published financial data: CHECKIT PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: January	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)	2026 (GBP)
Revenues	13.3M	10.3M	12M	14.1M	13.7M
Total Revenues	13.3M	10.3M	12M	14.1M	13.7M
Cost of Goods Sold, Total	7.1M	3.8M	4M	4.3M	3.8M
Gross Profit	6.2M	6.5M	8M	9.8M	9.9M
Selling General & Admin Expenses, Total	10.9M	12.9M	11.4M	12.1M	9.8M
Stock-Based Compensation (IS)	-	200K	200K	100K	200K
Depreciation & Amortization - (IS)	-	1M	1.3M	1.5M	1.6M
Other Operating Expenses	-	-	-	-	-200K
Other Operating Expenses, Total	10.9M	14.1M	12.9M	13.7M	11.4M
Operating Income	-4.7M	-7.6M	-4.9M	-3.9M	-1.5M
Interest And Investment Income	-	100K	500K	-	-
Net Interest Expenses	-	100K	500K	-	-
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	-4.7M	-7.5M	-4.4M	-3.9M	-1.5M
Restructuring Charges	-700K	-	-100K	-200K	-800K
Merger & Related Restructuring Charges	-	-	-	-100K	-200K
Impairment of Goodwill	-	-4.3M	-	-	-
Asset Writedown	-	-	-100K	-	-100K
Other Unusual Items	-1.7M	-500K	-	-200K	-
EBT, Incl. Unusual Items	-7.1M	-12.3M	-4.6M	-4.4M	-2.6M
Income Tax Expense	-300K	-300K	-100K	-800K	200K
Earnings From Continuing Operations	-6.8M	-12M	-4.5M	-3.6M	-2.8M
Earnings Of Discontinued Operations	-	-300K	-	-	-
Net Income to Company	-6.8M	-12.3M	-4.5M	-3.6M	-2.8M
Net Income - (IS)	-6.8M	-12.3M	-4.5M	-3.6M	-2.8M
Net Income to Common Incl Extra Items	-6.8M	-12.3M	-4.5M	-3.6M	-2.8M
Net Income to Common Excl. Extra Items	-6.8M	-12M	-4.5M	-3.6M	-2.8M
Per Share Items
Net EPS - Basic	-0.1	-0.11	-0.04	-0.03	-0.03
Basic EPS - Continuing Operations	-0.1	-0.11	-0.04	-0.03	-0.03
Basic Weighted Average Shares Outstanding	68.1M	108M	108M	108M	108M
Net EPS - Diluted	-0.1	-0.11	-0.04	-0.03	-0.03
Diluted EPS - Continuing Operations	-0.1	-0.11	-0.04	-0.03	-0.03
Diluted Weighted Average Shares Outstanding	68.1M	108M	108M	108M	108M
Normalized Basic EPS	-0.04	-0.04	-0.03	-0.02	-0.01
Normalized Diluted EPS	-0.04	-0.04	-0.03	-0.02	-0.01
Supplemental Items
EBITDA	-3.1M	-7M	-4.7M	-3.7M	-1.4M
EBITA	-3.3M	-7.1M	-4.8M	-3.9M	-1.5M
EBIT	-4.7M	-7.6M	-4.9M	-3.9M	-1.5M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	4.23	2.44	2.17	18.18	-7.69
Current Domestic Taxes	-	-	-	-800K	-
Current Foreign Taxes	-	-	-	-	-
Total Current Taxes	-	-200K	-100K	-800K	200K
Total Deferred Taxes	-300K	-100K	-	-	-
Normalized Net Income	-2.94M	-4.69M	-2.75M	-2.44M	-938K
Supplemental Operating Expense Items
Selling and Marketing Expenses	2.7M	-	-	-	-
General and Administrative Expenses	8.2M	-	-	-	-
Research And Development Expense From Footnotes	1.9M	2.7M	2.6M	2.9M	3M
Net Rental Expense, Total	-	-	-	-	-
Stock-Based Comp., Other (Total)	-	200K	200K	100K	200K
Total Stock-Based Compensation	-	200K	200K	100K	200K

Fiscal Period: January	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)	2026 (GBP)
Assets
Cash And Equivalents	24.2M	15.6M	9M	5.1M	3M
Total Cash And Short Term Investments	24.2M	15.6M	9M	5.1M	3M
Accounts Receivable, Total	1.4M	3M	2.8M	1.7M	1.9M
Other Receivables	1.2M	1M	1.1M	1.4M	400K
Total Receivables	2.6M	4M	3.9M	3.1M	2.3M
Inventory	1.8M	2.4M	3.8M	3.9M	3.4M
Prepaid Expenses	400K	500K	600K	600K	400K
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	29M	22.5M	17.3M	12.7M	9.1M
Gross Property Plant And Equipment	2M	2.4M	2.4M	2.7M	1.7M
Accumulated Depreciation	-1M	-1.5M	-1.6M	-1.8M	-1.2M
Net Property Plant And Equipment	1M	900K	800K	900K	500K
Goodwill	4.5M	200K	200K	200K	200K
Other Intangibles, Total	1.3M	800K	500K	300K	0
Deferred Tax Assets Long-Term	-	-	-	-	-
Deferred Charges Long-Term	1.5M	3M	4.3M	5.8M	6.6M
Total Assets	37.3M	27.4M	23.1M	19.9M	16.4M
Liabilities
Accounts Payable, Total	900K	1.1M	1.2M	1M	400K
Accrued Expenses, Total	1.6M	1.8M	1.3M	1.3M	1M
Short-term Borrowings	-	-	-	-	-
Current Portion of Leases	500K	300K	200K	200K	200K
Current Income Taxes Payable	-	-	-	-	-
Unearned Revenue Current, Total	2.3M	4.1M	4.6M	4.7M	5.3M
Other Current Liabilities	400K	500K	700K	900K	700K
Total Current Liabilities	5.7M	7.8M	8M	8.1M	7.6M
Long-Term Leases	200K	300K	300K	400K	100K
Deferred Tax Liability Non Current	100K	-	-	-	-
Other Non Current Liabilities	300K	400K	200K	300K	300K
Total Liabilities	6.3M	8.5M	8.5M	8.8M	8M
Common Stock, Total	5.4M	5.4M	5.4M	5.4M	5.4M
Additional Paid In Capital	23.3M	23.3M	23.3M	23.3M	23.3M
Retained Earnings	-4.2M	-16.5M	-21M	-24.6M	-27.4M
Treasury Stock	-	-	-	-	-
Comprehensive Income and Other	6.5M	6.7M	6.9M	7M	7.1M
Total Common Equity	31M	18.9M	14.6M	11.1M	8.4M
Total Equity	31M	18.9M	14.6M	11.1M	8.4M
Total Liabilities And Equity	37.3M	27.4M	23.1M	19.9M	16.4M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	108M	108M	108M	108M	108M
ECS Total Common Shares Outstanding	108M	108M	108M	108M	108M
Book Value / Share	0.29	0.17	0.14	0.1	0.08
Tangible Book Value	25.2M	17.9M	13.9M	10.6M	8.2M
Tangible Book Value Per Share	0.23	0.17	0.13	0.1	0.08
Total Debt	700K	600K	500K	600K	300K
Net Debt	-23.5M	-15M	-8.5M	-4.5M	-2.7M
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	300K	-	-	-	-
Inventories - Work In Process, Total	-	-	-	-	-
Inventories - Finished Goods, Total	1.5M	2.4M	3.8M	3.9M	3.4M
Machinery, Total	600K	800K	900K	1M	900K
Full Time Employees	170	160	155	161	117
Accumulated Allowance for Doubtful Accounts (Supple)	100K	200K	200K	100K	-

Fiscal Period: January	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)	2026 (GBP)
Net Income	-6.8M	-12.3M	-4.5M	-3.6M	-2.8M
Depreciation & Amortization - CF	500K	500K	400K	400K	300K
Amortization of Goodwill and Intangible Assets - (CF)	1.4M	500K	100K	-	-
Depreciation & Amortization, Total	1.9M	1M	500K	400K	300K
Amortization of Deferred Charges, Total - (CF)	-	500K	900K	1.1M	1.3M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	4.3M	-	-	-
Stock-Based Compensation (CF)	-	200K	200K	100K	200K
Net Cash From Discontinued Operations	-	-300K	-	-	-
Other Operating Activities, Total	-200K	100K	-600K	-700K	300K
Change In Accounts Receivable	1.6M	-1.7M	100K	1.6M	1M
Change In Inventories	-600K	-600K	-1.4M	-100K	500K
Change In Accounts Payable	-800K	2.3M	300K	-100K	-800K
Change in Other Net Operating Assets	-	100K	-200K	100K	-100K
Cash from Operations	-4.9M	-6.4M	-4.7M	-1.2M	-100K
Capital Expenditure	-100K	-200K	-100K	-200K	-
Cash Acquisitions	-400K	-	-	-	-
Sale (Purchase) of Intangible assets	-2.2M	-2M	-2M	-2.4M	-1.8M
Other Investing Activities, Total	400K	300K	500K	100K	-
Cash from Investing	-2.3M	-1.9M	-1.6M	-2.5M	-1.8M
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-300K	-300K	-300K	-200K	-200K
Total Debt Repaid	-300K	-300K	-300K	-200K	-200K
Issuance of Common Stock	20.2M	-	-	-	-
Repurchase of Common Stock	-	-	-	-	-
Cash from Financing	19.9M	-300K	-300K	-200K	-200K
Net Change in Cash	12.7M	-8.6M	-6.6M	-3.9M	-2.1M
Supplemental Items
Cash Income Tax Paid (Refund)	-100K	-100K	-	-100K	-100K
Levered Free Cash Flow	-2.54M	-5.05M	-4.66M	-2.64M	62.5K
Unlevered Free Cash Flow	-2.54M	-5.05M	-4.66M	-2.64M	62.5K
Change In Net Working Capital	-800K	-200K	1.1M	-800K	-1M
Net Debt Issued / Repaid	-300K	-300K	-300K	-200K	-200K

Fiscal Period: January	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)	2026 (GBP)
Profitability
Return on Assets	-9.54	-14.68	-12.13	-11.34	-5.17
Return on Total Capital	-11.8	-18.55	-17.7	-18.19	-9.19
Return On Equity %	-27.98	-48.1	-26.87	-28.02	-28.72
Return on Common Equity	-27.98	-48.1	-26.87	-28.02	-28.72
Margin Analysis
Gross Profit Margin %	46.62	63.11	66.67	69.5	72.26
SG&A Margin	81.95	125.24	95	85.82	71.53
EBITDA Margin %	-23.31	-67.96	-39.17	-26.24	-10.22
EBITA Margin %	-24.81	-68.93	-40	-27.66	-10.95
EBIT Margin %	-35.34	-73.79	-40.83	-27.66	-10.95
Income From Continuing Operations Margin %	-51.13	-116.5	-37.5	-25.53	-20.44
Net Income Margin %	-51.13	-119.42	-37.5	-25.53	-20.44
Net Avail. For Common Margin %	-51.13	-116.5	-37.5	-25.53	-20.44
Normalized Net Income Margin	-22.09	-45.51	-22.92	-17.29	-6.84
Levered Free Cash Flow Margin	-19.08	-49.03	-38.85	-18.71	0.46
Unlevered Free Cash Flow Margin	-19.08	-49.03	-38.85	-18.71	0.46
Asset Turnover
Asset Turnover	0.43	0.32	0.48	0.66	0.75
Fixed Assets Turnover	14.78	10.84	14.12	16.59	19.57
Receivables Turnover (Average Receivables)	5.91	4.68	4.14	6.27	7.61
Inventory Turnover (Average Inventory)	4.9	1.81	1.29	1.12	1.04
Short Term Liquidity
Current Ratio	5.09	2.88	2.16	1.57	1.2
Quick Ratio	4.7	2.51	1.61	1.01	0.7
Operating Cash Flow to Current Liabilities	-0.86	-0.82	-0.59	-0.15	-0.01
Days Sales Outstanding (Average Receivables)	61.75	77.96	88.21	58.4	47.96
Days Outstanding Inventory (Average Inventory)	74.54	201.71	282.88	327.7	350.59
Average Days Payable Outstanding	44.45	82.95	77.73	91.5	77.42
Cash Conversion Cycle (Average Days)	91.84	196.72	293.35	294.6	321.12
Long Term Solvency
Total Debt/Equity	2.26	3.17	3.42	5.41	3.57
Total Debt / Total Capital	2.21	3.08	3.31	5.13	3.45
LT Debt/Equity	0.65	1.59	2.05	3.6	1.19
Long-Term Debt / Total Capital	0.63	1.54	1.99	3.42	1.15
Total Liabilities / Total Assets	16.89	31.02	36.8	44.22	48.78
Total Debt / EBITDA	-0.25	-0.09	-0.11	-0.17	-0.25
Net Debt / EBITDA	8.39	2.27	1.93	1.29	2.25
Total Debt / (EBITDA - Capex)	-0.24	-0.09	-0.11	-0.16	-0.25
Net Debt / (EBITDA - Capex)	8.1	2.21	1.89	1.22	2.25
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	0.76	22.62	16.5	17.5	-2.84
Gross Profit, 1 Yr. Growth %	-4.62	41.3	23.08	22.5	1.02
EBITDA, 1 Yr. Growth %	82.35	55.56	-32.86	-21.28	-62.16
EBITA, 1 Yr. Growth %	83.33	51.06	-32.39	-18.75	-61.54
EBIT, 1 Yr. Growth %	51.61	24.59	-35.53	-20.41	-61.54
Earnings From Cont. Operations, 1 Yr. Growth %	36	46.34	-62.5	-20	-22.22
Net Income, 1 Yr. Growth %	54.55	80.88	-63.41	-20	-22.22
Normalized Net Income, 1 Yr. Growth %	51.61	22.95	-41.33	-11.36	-61.54
Diluted EPS Before Extra, 1 Yr. Growth %	20.48	-6.99	-62.5	-20.64	-22
Accounts Receivable, 1 Yr. Growth %	-54.84	114.29	-6.67	-39.29	11.76
Inventory, 1 Yr. Growth %	63.64	33.33	58.33	2.63	-12.82
Net Property, Plant and Equip., 1 Yr. Growth %	25	-10	-11.11	12.5	-44.44
Total Assets, 1 Yr. Growth %	53.5	-26.54	-15.69	-13.85	-17.59
Tangible Book Value, 1 Yr. Growth %	117.24	-28.97	-22.35	-23.74	-22.64
Common Equity, 1 Yr. Growth %	76.14	-39.03	-22.75	-23.97	-24.32
Cash From Operations, 1 Yr. Growth %	68.97	30.61	-26.56	-74.47	-91.67
Capital Expenditures, 1 Yr. Growth %	-66.67	100	-50	100	-
Levered Free Cash Flow, 1 Yr. Growth %	968.42	47.99	-7.67	-43.43	-102.37
Unlevered Free Cash Flow, 1 Yr. Growth %	968.42	47.99	-7.67	-43.43	-102.37
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	16.5	-11.67	19.52	17	6.85
Gross Profit, 2 Yr. CAGR %	54.42	0	31.88	22.79	11.24
EBITDA, 2 Yr. CAGR %	-18.79	102.92	2.2	-27.3	-45.42
EBITA, 2 Yr. CAGR %	-22.54	98.61	1.06	-25.89	-44.1
EBIT, 2 Yr. CAGR %	-14.97	56.58	-10.37	-28.36	-44.67
Earnings From Cont. Operations, 2 Yr. CAGR %	-13.08	54.92	-25.92	-45.23	-21.12
Net Income, 2 Yr. CAGR %	-70.99	67.2	-18.65	-45.9	-21.12
Normalized Net Income, 2 Yr. CAGR %	-14.3	55.54	-15.07	-27.89	-41.61
Diluted EPS Before Extra, 2 Yr. CAGR %	33.63	16.16	-40.94	-45.45	-21.32
Accounts Receivable, 2 Yr. CAGR %	-23.62	-1.63	41.42	-24.72	-17.62
Inventory, 2 Yr. CAGR %	2.9	47.71	45.3	27.48	-5.41
Net Property, Plant and Equip., 2 Yr. CAGR %	-8.71	6.07	-10.56	0	-20.94
Total Assets, 2 Yr. CAGR %	14.81	6.19	-21.3	-14.78	-15.74
Tangible Book Value, 2 Yr. CAGR %	33.69	24.22	-25.73	-23.05	-23.19
Common Equity, 2 Yr. CAGR %	20.36	3.63	-31.37	-23.36	-24.15
Cash From Operations, 2 Yr. CAGR %	111.06	48.56	-2.06	-56.7	-85.41
Capital Expenditures, 2 Yr. CAGR %	-42.26	-18.35	0	0	-
Levered Free Cash Flow, 2 Yr. CAGR %	-26.03	361.12	16.89	-27.73	-88.42
Unlevered Free Cash Flow, 2 Yr. CAGR %	-26.03	361.12	16.89	-27.73	-88.42
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	136.93	1.67	-3.13	18.84	9.98
Gross Profit, 3 Yr. CAGR %	-	35.72	7.17	28.67	15.06
EBITDA, 3 Yr. CAGR %	-8.15	14.2	40.35	-6.32	-41.52
EBITA, 3 Yr. CAGR %	-9.14	8.88	38.67	-6.03	-40.44
EBIT, 3 Yr. CAGR %	1.46	5.35	16.49	-13.85	-41.78
Earnings From Cont. Operations, 3 Yr. CAGR %	14.75	10.06	-3.45	-24	-38.44
Net Income, 3 Yr. CAGR %	18.37	-46.61	0.75	-19.1	-38.94
Normalized Net Income, 3 Yr. CAGR %	1.46	5.43	12.38	-13.85	-41.52
Diluted EPS Before Extra, 3 Yr. CAGR %	58.06	25.99	-20.31	-34.83	-38.54
Accounts Receivable, 3 Yr. CAGR %	-26.32	7.72	-3.34	6.69	-14.12
Inventory, 3 Yr. CAGR %	-25.19	12.18	51.17	29.4	12.31
Net Property, Plant and Equip., 3 Yr. CAGR %	-16.21	-9.14	0	-3.45	-17.79
Total Assets, 3 Yr. CAGR %	15.04	-1.07	-1.67	-18.89	-15.73
Tangible Book Value, 3 Yr. CAGR %	16.35	8.28	6.21	-25.07	-22.91
Common Equity, 3 Yr. CAGR %	23.9	-4.06	-6.04	-28.99	-23.69
Cash From Operations, 3 Yr. CAGR %	-5.47	79.86	17.46	-37.44	-75
Capital Expenditures, 3 Yr. CAGR %	-47.72	-12.64	-30.66	25.99	-
Levered Free Cash Flow, 3 Yr. CAGR %	16.31	2.88	169.76	-8.23	-76.87
Unlevered Free Cash Flow, 3 Yr. CAGR %	16.31	2.88	169.76	-8.23	-76.87
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-13.08	-19.14	64.38	7.55	0.75
Gross Profit, 5 Yr. CAGR %	-11.15	-15.17	-	30.39	8.78
EBITDA, 5 Yr. CAGR %	25.39	18.47	3.28	-4.67	-3.81
EBITA, 5 Yr. CAGR %	52.51	23.22	1.76	-6.64	-3.58
EBIT, 5 Yr. CAGR %	88.02	24.9	1.72	-9.71	-13.51
Earnings From Cont. Operations, 5 Yr. CAGR %	132.54	44.57	0	-16.74	-10.95
Net Income, 5 Yr. CAGR %	132.54	46.87	1.88	-46.32	-8.64
Normalized Net Income, 5 Yr. CAGR %	88.02	23.6	-0.45	-9.43	-13.51
Diluted EPS Before Extra, 5 Yr. CAGR %	180.1	62.12	10.65	-9.86	-20.72
Accounts Receivable, 5 Yr. CAGR %	-22.48	-4.62	-4.36	-6.66	-9.33
Inventory, 5 Yr. CAGR %	-17.81	-9.71	-2.44	18.07	25.32
Net Property, Plant and Equip., 5 Yr. CAGR %	-12.94	-9.71	-13.99	-5.59	-8.97
Total Assets, 5 Yr. CAGR %	10.74	6.18	-1.17	-6.8	-7.56
Tangible Book Value, 5 Yr. CAGR %	16.39	7.45	-2.77	-5.55	-6.7
Common Equity, 5 Yr. CAGR %	20.5	7.94	-2.18	-12.3	-13.75
Cash From Operations, 5 Yr. CAGR %	25.09	9.31	-4.12	1.76	-49.01
Capital Expenditures, 5 Yr. CAGR %	-19.73	-12.94	-32.24	-7.79	-
Levered Free Cash Flow, 5 Yr. CAGR %	28.47	-0.05	23.66	-10.67	-23.43
Unlevered Free Cash Flow, 5 Yr. CAGR %	28.47	-0.05	23.66	-10.67	-23.43