Slide 1: Smarter, more efficient people, fixed assets & buildings
Smarter, more efficient people, fixed assets & buildings Q2 2024 LON:CKT LON: CKT 1
Slide 2: Disclaimer
Disclaimer This presentation has been prepared only for the shareholders of Checkit plc as a whole and its sole purpose and use is to assist shareholders to exercise their governance rights. Checkit and its Directors and employees are not responsible for any other purpose or use or to any other pers
Slide 3: Company Snapshot
Company Snapshot Enterprise SaaS driving operational business value. • 99% customer retention • Growing recurring revenue: 93% of total revenue • Total ARR/US*: £13.3MM/3.4MM • Strong growth outlook, further enhancement due to AI/ML (beta, with select customers) • Increasing gross margin, profit mar
Slide 4: Why Invest
Why Invest Well-placed to deliver on profitability and growth. 1. Enterprise SaaS Operating in multiple billion-dollar markets*: ~350 sticky customers, land & expand strategy demonstrating YoY growth, entering new verticals 2. Executing attractive long-term growth strategy: prudent resource allocati
Slide 5: Market Opportunity
Market Opportunity GROWTH DRIVERS • Challenges of the deskless worker: 80% of global workforce, 70-80% attrition rate, knowledge loss • Synergy between People, Fixed Assets & Buildings: Increasing need for efficiency • Smart IoT Integration: Massive shift in managing buildings, assets, tasks and kno
Slide 6: Our Solution
Our Solution Enterprise SaaS Empowering Workers Optimizing Daily Workflow & Operations • Automated Digital Workflows, IoT sensors and data analytics • Remote, Real-time Advanced Data, analytics and intelligence • Secure, End-to-end Managed Solution driving qualitative and quantifiable value IoT Work
Slide 7: Growth Strategy
Growth Strategy 1. Accelerating US market growth, scaling existing customers (upsell, cross-sell) and pivoting to new markets (food manufacturing, biotech) 2. Driving operating efficiency to accelerate path to profitability 3. Investing in R&D to drive value creation opportunities LON: CKT 7
Slide 8: Capital Structure
Capital Structure INSIDERS Cash £15.6MM 20.1% Market Cap £22.7MM Shares Outstanding 108MM SHAREHOLDERS Warrants Zero OTHER LARGE 63.4% Options 6.7MM RSUs n/a Fully Diluted 108MM Convertible Notes n/a RETAIL 16.4% 52 wk H/L £31.00 - £18.10 LON: CKT 8
Slide 9: Senior Team
Senior Team David Davies Chief Product Officer Steve Tonks VP Sales SVP & GM EMEA Kit Kyte Greg Price Ryan Lucas CEO CFO & COO VP Sales, North America 9 LON: CKT
Slide 10: Thank You!
Thank You! Contact Info Kit Kyte, CEO christopher.kyte@checkit.net Jonathan Paterson Harbor Access Investor Relations Jonathan.paterson@harbor-access.com LON: CKT 10
Slide 11: Appendix
— Appendix © checkit LON: CKT "1
Slide 12: Success Stories
Success Stories “Checkit’s monitoring system is working 24/7 across our Cambridge site, providing comprehensive data and allowing us to respond in real time.” Edward Mole – Logistics and inventory Manager at ABCAM “Checkit was chosen not only because it “Checkit ensures the right provides a single-v