tiprankstipranks

Beeks Financial Cloud Reports Strong H1 2025 Results with Significant Contract Wins

Story Highlights
Beeks Financial Cloud Reports Strong H1 2025 Results with Significant Contract Wins

Confident Investing Starts Here:

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1