CHECKIT PLC (CKT) — Investor Presentation

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to the CHECKIT PLC investor presentation. Throughout this quarter presentation, investors will be in listen only mode. Questions are encouraged and can be submitted at any time by the Q and A tab situated in the right hand corner of your screen. Just simply type in your questions and press send. The company may not be in a position to answer every question it receives during the meeting itself. However, the company can review all questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. I'd now like to hand you over to Kit Kite, CEO. Good afternoon to you, sir. Hey. Good afternoon. Thanks. And thanks everybody for joining today. It's good both good afternoon and good morning. I'm actually doing this from The United States on the East Coast. And so for those who are joining from The US, good morning as well. Okay. Good. So we'll get straight into this. Very pleased to present the highlights trading update highlights for the financial year 2024. And, yeah, pleased with the 16% growth in ARR to 13,300,000. Also, recurring revenues are now at 93% of our total revenue base. So this is really, really, really powerful from our perspective and in in line with our strategy, helping us better predict future revenue streams and income streams that come through. And as Greg will take you into a little bit more detail, we've also half losses for the year in line with our strategic imperative to expedite path to profitability. So, again, very pleased with that result. Our land and expand strategy as it relates to customer growth continues to be validated. We signposted an MSA that we signed with Compass Group about the half year point last year. Since that point, we've added f...