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Highlights

  • Beeks Financial reported a 21.8% YoY revenue growth, reaching GBP 15.79 million in 1HFY25, driven by organic growth and key contracts
  • Underlying profit before tax increased 37.0% YoY, reaching GBP 1.89 million in 1HFY25, supported by margin expansion
  • Beeks secured a multi-year Proximity Cloud contract worth USD 2 million with a global FX and multi-asset brokerage
  • Management confirmed that Beeks is on track with market expectations

Beeks Financial Cloud Group PLC (LSE: BKS), listed on the FTSE AIM 100 and based in the UK, provides cloud computing, connectivity, and analytics solutions for the financial sector. Through its infrastructure-as-a-service (IaaS) model, it supports efficient system deployment and connectivity with exchanges, trading platforms, and cloud providers.

Beeks reported revenue of GBP 15.79 million in the first half of financial year 2025 (1HFY25), up 21.8% YoY, driven by organic growth in core Public and Private Cloud services and key wins, including three new Exchange/Proximity Cloud contracts contributing GBP 3.3 million. Underlying profit before tax rose 37.0% YoY to GBP 1.89 million in 1HFY25, supported by margin expansion to 12.0% from 10.6%.

Recent Business Update

Beeks has secured a multi-year Proximity Cloud contract worth around USD 2 million over four years with a leading global FX and multi-asset brokerage. The agreement includes the deployment of Beeks’ high-performance, dedicated trading infrastructure across the client’s core FX platform

Company Outlook

The company’s management has confirmed that current trading aligns with market expectations, supported by improving margins and a significant pipeline. Growth in Exchange/Proximity Cloud services and stable operational cash flow position the group for continued profitable expansion.

Advanced negotiations with major exchanges, backed by higher sales efforts and a global footprint, further enhance prospects. Additionally, ACMRR increased to GBP 29.2 million by February 2025, up from GBP 28.5 million in December 2024.

Top 10 Shareholders

The top 10 shareholders of BKS together hold about 68.27% of the total shares. Gordon McArthur is the largest shareholder, owning around 31.74%. He is followed by Canaccord Genuity Wealth Management, which holds approximately 9.94%, as shown in the chart below.

Stock Information

The stock has declined by approximately 13.35% over the past three months, but it has risen by around 23.70% over the last year. Its 52-week low is GBX 162.00, and the 52-week high is GBX 327.00. As of 15 April 2025, the stock is trading below the 52-week high-low average, with a closing price of GBX 227.00.

Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference data for all price data, currency, technical indicators, support, and resistance levels is 15 April 2025. The reference data in this report has been partly sourced from EODHD/Others.

Technical Indicators Defined
Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.
Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.