CatalystWireBeta

Significant Private Cloud wins

In brief · summary, not quotable

Secured over $7 million of new Private Cloud contracts in August with revenue recognition in FY26.

  • New Private Cloud contracts over $7 million
Full announcement

Select text to share a quote on X · sign in to keep highlights & notes in your BKS notes

04 September 2025: Beeks Financial Cloud Group plc (AIM: BKS), a cloud computing and connectivity provider for financial markets, is pleased to announce that it secured over $7 million of new Private Cloud contracts in August.

Private Cloud is a secure, high performance, low latency cloud computing platform built for a single organisation, residing within the client's data centre or a data centre of their choice. Unlike the public cloud, where resources are shared with multiple tenants, a private cloud is exclusively built and operated for a single client.

These latest wins span multiple financial institutions across different geographies, with revenue recognition commencing in the current financial year, further underpinning the Board's FY26 expectations. Strong trading in August follows the previously announced record Proximity Cloud month in June, highlighting Beeks' continued contract momentum.

Gordon McArthur, CEO of Beeks, commented: "Demand for our offerings continues to build as financial institutions increasingly recognise the need for secure, high-performance infrastructure. These wins add meaningful contracted revenue for this year and reinforce our confidence in the Company's ongoing growth prospects."

Find out more at beeksgroup.com

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

Share this quote

Quote card
Post on X WhatsApp Download image

The link opens this announcement with the quote highlighted. Quotes are checked against the original text.

Add a note