Checkit First Half 2024 Earnings: UK£0.023 loss per share (vs UK£0.043 loss in 1H 2023)

Checkit (LON:CKT) First Half 2024 Results

Key Financial Results

• Revenue: UK£5.70m (up 5.6% from 1H 2023).
• Net loss: UK£2.40m (loss narrowed by 48% from 1H 2023).
• UK£0.023 loss per share (improved from UK£0.043 loss in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Checkit Earnings Insights

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electrical industry in the United Kingdom.

Performance of the British Electrical industry.

The company's shares are up 13% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Checkit that we have uncovered.

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