OverviewSuggest Edit

Checkit (previously Elektron Technology) is a company developing real-time operations software that helps businesses automate, schedule and monitor routine tasks and processes via Internet of Things (“IoT”) smart sensors, mobile and cloud technology. Checkit serves businesses and organizations in sectors such as healthcare and life sciences, facilities maintenance and building estate management. 

TypePublic
Founded1932
HQCambridge, GB
Websitecheckit.net
Employee Ratings3.1

Latest Updates

Employees (est.) (Feb 2019)986
Revenue (FY, 2019)£33.7 M(+14%)
Share Price (Oct 2017)£0.2

Key People/Management at Checkit

Keith Daley

Keith Daley

Executive Chairman

Checkit Office Locations

Checkit has offices in Cambridge and Santa Fe Springs
Cambridge, GB (HQ)
The Hauser Forum, 21 JJ Thomson Ave
Santa Fe Springs, US
11930 Hamden Pl
Show all (2)

Checkit Financials and Metrics

Checkit Revenue

Checkit's revenue was reported to be £33.70 m in FY, 2019
GBP

Revenue (FY, 2019)

33.7m

Gross profit (FY, 2019)

16.7m

Gross profit margin (FY, 2019), %

49.6%

Net income (FY, 2019)

3.8m

EBIT (FY, 2019)

4.6m

Market capitalization (31-Oct-2017)

30.5m

Closing stock price (31-Oct-2017)

0.2

Cash (31-Jan-2019)

10.1m

EV

20.4m
Checkit's current market capitalization is £30.5 m.
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

46.3m44.4m34.1m26.8m29.8m33.7m

Cost of goods sold

30.2m28.6m21.6m15.6m15.0m17.0m

Gross profit

16.1m15.8m12.5m11.2m14.8m16.7m

Gross profit Margin, %

35%36%37%42%50%50%
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

800.0k600.0k600.0k2.5m5.2m10.1m

Accounts Receivable

8.6m5.7m5.9m5.0m3.8m3.5m

Inventories

6.2m5.4m5.7m4.8m4.0m4.3m

Current Assets

16.5m12.8m13.2m16.1m15.0m19.5m
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash From Operating Activities

(2.3m)3.5m3.8m1.6m4.1m

Cash From Investing Activities

(800.0k)(1.5m)(2.7m)700.0k100.0k

Cash From Financing Activities

2.7m(2.2m)(1.1m)(400.0k)(1.5m)

Net Change in Cash

(400.0k)(200.0k)1.9m2.7m
GBPY, 2019

EV/EBIT

4.4 x

Revenue/Employee

34.2k

Financial Leverage

1.5 x
Show all financial metrics

Checkit Online and Social Media Presence

Embed Graph

Checkit Blogs

Contract win – BP International

Checkit plc announces it has entered into an agreement to provide Real-Time Operations Management capability to BP International Limited at over 320 company owned locations in the UK for an initial period of three years. Further discussions are ongoing with regard to rolling out the platform across …

Learning from GPhC pharmacy inspections – how technology can help you in meeting standards

The General Pharmaceutical Council (GPhC) are for the first time publishing pharmacy inspection reports into the public domain. Each inspection looks at standards met; how-well run the pharmacy is; if the pharmacy is providing medicines and other services safely, is protecting people’s privacy and c…

Elektron Technology Plc changes its name to Checkit plc (AIM:CKT)

Checkit on track to lead in real-time operations management Cambridge, UK, Oct. 4, 2019 – Last week Elektron Technology Plc announced it had successfully completed the divestment of its Bulgin business. In May this year Elektron announced the acquisition of Next Control Systems, a leader in temperat…

Checkit Frequently Asked Questions

  • When was Checkit founded?

    Checkit was founded in 1932.

  • Who are Checkit key executives?

    Checkit's key executives are Keith Daley.

  • How many employees does Checkit have?

    Checkit has 986 employees.

  • What is Checkit revenue?

    Latest Checkit annual revenue is £33.7 m.

  • What is Checkit revenue per employee?

    Latest Checkit revenue per employee is £34.2 k.

  • Who are Checkit competitors?

    Competitors of Checkit include Iotic, Efftronics and Stesalit Systems.

  • Where is Checkit headquarters?

    Checkit headquarters is located at The Hauser Forum, 21 JJ Thomson Ave, Cambridge.

  • Where are Checkit offices?

    Checkit has offices in Cambridge and Santa Fe Springs.

  • How many offices does Checkit have?

    Checkit has 2 offices.