Beeks Financial Cloud Group Plc (LON:BKS), a cloud computing and connectivity provider for financial markets, today announced its unaudited results for the six months ended 31 December 2024.
Group revenues grew by 22% to £15.79m (H1 2024: £12.96m) driven by organic growth in both Beeks’ core Public/Private Cloud offering as well as new wins in Exchange and Proximity Cloud.
Beeks’ core Public and Private Cloud revenues grew by 8% to £12.65m (H1 2024: £11.66m).
Beeks’ overall contractual revenue (ACMRR) grew 7% to £28.50m (H1 2024: £26.60m).
During the period Beeks delivered growth in both our Proximity and Exchange Cloud products via three new customers, recognising additional revenues of £3.3m relating to these three new contract wins.
Gross profit in the period increased by 21% to £6.03m (H1 2024: £4.99m)…
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