Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
An announcement from Beeks Financial Cloud Group Plc ( (GB:BKS) ) is now available.
Beeks Financial Cloud Group Plc reported a strong financial performance for the six months ending December 2024, with a 22% increase in revenue to £15.79m and a 25% rise in underlying EBITDA to £5.74m. The company secured significant Exchange Cloud contracts, including a multi-year deal with a major global exchange and a post-period win with Grupo Bolsa Mexicana de Valores. The company is expanding its product offerings with a new AI-based analytics tool and transitioning to a revenue-sharing model to enhance profitability. The outlook for FY25 remains positive, with continued growth expected in its Exchange Cloud product and a strong sales pipeline.
More about Beeks Financial Cloud Group Plc
Beeks Financial Cloud Group Plc is a leading managed private infrastructure provider specializing in cloud computing and connectivity for financial markets. The company offers Infrastructure-as-a-Service optimized for low-latency compute, connectivity, and analytics, allowing deployment and connection to exchanges, trading venues, and public cloud for a hybrid cloud experience. Beeks is ISO 27001 certified, ensuring world-class security, and is listed on the London Stock Exchange.
YTD Price Performance: -8.96%
Average Trading Volume: 210,829
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £170.6M
For an in-depth examination of BKS stock, go to TipRanks’ Stock Analysis page.