Beeks Financial Cloud Group (BKS)

Sector:

IT Services

Index:

FTSE AIM All-Share

174.00p
   
  • Change Today:
      1.50p
  • 52 Week High: 180.00
  • 52 Week Low: 88.50
  • Currency: UK Pounds
  • Shares Issued: 66.43m
  • Volume: 168,681
  • Market Cap: £115.58m
  • RiskGrade: 140

Beeks Financial Cloud delivers 'record' FY trading performance

By Iain Gilbert

Date: Monday 12 Sep 2022

LONDON (ShareCast) - (Sharecast News) - Cloud computing business Beeks Financial Cloud said on Monday that it had delivered "a record trading performance" in the year ended 30 June, in line with upwardly revised market expectations.
Beeks Financial stated it had ended the year with annualised committed monthly recurring revenues of more than £19.3m, a 40% year-on-year improvement, providing the group with "a strong basis" for further growth in the 2023 trading year.

The AIM-listed firm also revealed that the first customer for its Exchange Cloud offering was ICE Global Network, with the group signing a multi-year deal, with the collaboration enabling ICE to provide its client base with computing and analytics, on demand.

Chief executive Gordon McArthur said: "Regulatory compliance concerns continue to be the most significant cloud challenge for the financial services sector.

"Beeks technology is a valuable fit for IGN and we look forward to a successful relationship and delivering value via our on-demand compute service."

As of 0855 BST, Beeks Financial Cloud shares had rallied 5.94% to 151.50p.





Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BKS Market Data

Currency UK Pounds
Share Price 174.00p
Change Today 1.50p
% Change 0.87 %
52 Week High 180.00
52 Week Low 88.50
Volume 168,681
Shares Issued 66.43m
Market Cap £115.58m
RiskGrade 140

BKS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
82.14% below the market average82.14% below the market average82.14% below the market average82.14% below the market average82.14% below the market average
41.18% below the sector average41.18% below the sector average41.18% below the sector average41.18% below the sector average41.18% below the sector average
Price Trend
87.31% above the market average87.31% above the market average87.31% above the market average87.31% above the market average87.31% above the market average
78.72% above the sector average78.72% above the sector average78.72% above the sector average78.72% above the sector average78.72% above the sector average
Income Not Available
Growth
45.29% below the market average45.29% below the market average45.29% below the market average45.29% below the market average45.29% below the market average
52.27% below the sector average52.27% below the sector average52.27% below the sector average52.27% below the sector average52.27% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BKS Dividends

  Latest Previous
  Interim Final
Ex-Div 18-Mar-21 01-Oct-20
Paid 01-Apr-21 27-Nov-20
Amount 0.20p 0.15p

Trades for 28-Mar-2024

Time Volume / Share Price
16:29 1,500 @ 175.95p
16:21 5,000 @ 176.00p
16:05 2,000 @ 172.05p
15:41 14 @ 175.95p
15:39 100 @ 176.00p

BKS Key Personnel

CFO Fraser McDonald

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