Operating loss of £7.1m (FY21: loss of £5.3m)Ĭash at year end of £24.2m (FY21: £11.5m) following receipt of proceeds from the placing, which raised £21m (gross) to accelerate the Group's growth strategyĪppointment of Kit Kyte, Chief Executive Officer, bringing a renewed focus on the go-to-market strategy, value-driven sales, and leading the transition of Checkit towards a pure SaaS business. Operating loss before non-recurring or special items** £4.7m (FY21: loss of £3.1m) reflecting the ongoing investment to accelerate Checkit's strategic plan Non-recurring revenue declined by 29% primarily driven by the planned transition of BEMS activity to a SaaS (Software as a Service) offering as outlined at the time of the fundraise Total Group revenue from continuing operations £13.3m (-7%) (FY21: £14.4m normalised)* Recurring revenue (+31% to £6.8m) supported by new customer wins and expansion within existing accounts (FY21: £5.2m) Kit Kyte, CEO, said: "Checkit has realised a strong set of financial results in FY22, delivering a second consecutive year of high-quality recurring revenue growth by continuing to focus on attracting new customers, while expanding our footprint and implementing price initiatives with existing customers."Īnnual recurring revenue ("ARR") run rate at year end of £8.2m (+43%) ahead of market expectations (FY21: £5.8m normalised*)Īnnualised sales bookings at year end of £3.5m £1.The past year has also seen Checkit expand its US presence with the acquisition of Tutela Monitoring Systems LLC, which provides the company with a US base in Florida.Certa are proud to have been awarded Considerate Constructors ….Certa wins 3 in a row for Kier and picks up New College Durham.Certa are thrilled to confirm that we have been awarded a £7.8M.Certa are proud to announce that we have been awarded a £1.3M ….Certa are pleased to confirm that we have been awarded the ….Certa Rc – Specialist roofing cladding contractor.address : Array,San Francisco,CA,94107,US.desc : All Cloudflare abuse reporting can be done via.Registrar Domain ID: 2160514188_DOMAIN_COM-VRSN.Domain expires: 0 Years, 343 Days left.
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