Beeks Financial Cloud Group Plc (GB:BKS) has released an update.
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Beeks Financial Cloud Group Plc, a leading provider of cloud computing solutions for the financial market, has reported strong financial results for FY24, with an anticipated 27% revenue increase and a 67% growth in underlying profit before tax compared to the previous year. The company attributes this success to significant contracts in the second half of FY24, including an extension with the Johannesburg Stock Exchange and a new win with a major banking group, positioning Beeks for continued expansion and a positive start to FY25. Beeks also boasts a healthy free cash flow and a robust pipeline, promising ongoing conversion and delivery of services in the new financial year.
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