Checkit continues to narrow losses in drive to profitability Tech Software company Checkit has reported a rise in revenue as it continues to narrow its losses. Software company Checkit said annual recurring revenue rose nine per cent to £13.8m in the first half of its 2025 financial year. Total group revenue jumped by £1m to hit £6.7m. The Cambridge-based firm posted a loss before interest, [...]
Tech firm Checkit abandons takeover pursuit of AIM-listed Crimson Tide Technology Checkit is now unable to submit another takeover proposal for six months. It had previously attempted to engage in discussions with Crimson multiple times over the last four years.
Tech firm Checkit submits takeover bid for Crimson Tide after years of trying Technology Tech firm Checkit has submitted a formal proposal to acquire smaller AIM-listed rival Crimson Tide for around £12m after years of trying to engage in talks.
Cambridge tech firm Checkit halves losses as it eyes profitability February 15, 2024 Software company Checkit has said its path to profitability is moving faster than expected, after it has halved losses year on year.