Key Takeaways Checkit's U.S. market expansion and focus on high-margin industries indicate potential for significant revenue growth and sustained profitability. Operational efficiency and cost reduction efforts suggest improved margins and an accelerated path to profitability, bolstering a stable revenue base.Read more
Checkit plc, together with its subsidiaries, operates as a provider of predictive operations for large facilities and multi-site locations in the United Kingdom and the Americas. Its platform provides automated workflows and task management; monitors and analyses all mission-critical sensor data; real-time, pre-emptive digital alerts; and analytics and dashboards. The company also offers sensors; mobile applications; and various services, such as on-site assessment, installation services, calibration, installation qualification and operational qualification, and post-launch support. In addition, it provides food safety, medical, and operational monitoring solutions. The company was formerly known as Elektron Technology plc and changed its name to Checkit plc in October 2019. Checkit plc was incorporated in 1948 and is headquartered in Cambridge, the United Kingdom.
