Checkit plc will be announcing their FY results to 31 Jan 2021 on 29th April and at 1pm that day Yellowstone Advisory will be hosting a webinar for private investors. You can register here.

Chair Keith Daley and CFO Aylsa Muir will present the latest results and talk about the opportunities ahead for their digital products.

In the latest trading update released on 11 Feb management reported that the business had performed above the boards expectation in the last quarter of the year. For the year as a whole they expected the results to be around 15% better than current market estimates.

Q4 recurring revenue was up 51% on the corresponding period and the exit run rate for recurring revenue was up 46% on the prior year and already bakes in at least 11% growth for the new financial year.

Given the boards comments about accelerating growth plans following the US acquisition and the recruitment of two new senior hires it will be interesting to hear how the outlook for the year ahead is developing.

Register here.

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