Trading Update and Notice of Results
Beeks Financial Cloud Group plc reported trading in line with expectations for the six months ended 31 December 2025, securing over £7.0m in new contract wins, with approximately half expected to be recognised as revenue in the second half of FY26. Underlying run rate revenue from Private Cloud offerings grew 15% to £32.8m, while recognised revenues were £14.7m, reflecting a shift in Proximity Cloud and Exchange Cloud revenue recognition. Gross cash was £7.0m and net cash was £3.3m following investments in new deployments. The company also launched Market Edge Intelligence, an AI-powered offering, and maintains a strong pipeline, underpinning confidence in full-year expectations.
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16 February 2026 - Beeks Financial Cloud Group plc (AIM: BKS), a cloud computing and connectivity provider for financial markets, is pleased to provide an update on trading for the six months ended 31 December 2025 (H1 FY26).
Trading in H1 FY26 has been in line with Board expectations, with the Group securing contract wins with major exchanges and Tier 1 financial organisations across multiple regions. A high number of substantial contracts were secured towards the latter part of the period, including two Exchange Cloud® contracts and notable Proximity Cloud® and Private Cloud wins, with a combined TCV of over £7.0m, of which around half is expected to be recognised as revenue in H2 FY26. This contract momentum, plus positive uptake at seven exchanges globally, provides strong visibility over FY revenue expectations, underpinning the Board's confidence in full year expectations.
Underlying run rate revenue, from the Group's Private Cloud offerings, grew 15% with ACMRR at £32.8m (H1 FY25 £28.5m) providing a growing basis of recurring revenue.
H1 recognised revenues are expected to be £14.7m (H1 FY25: £15.8m), reflecting a lower level of up-front Proximity Cloud® revenue in the period as a result of the timing of the Proximity Cloud® wins and the move to a revenue share model within Exchange Cloud®.
Gross cash was largely maintained at £7.0m (30 June 25: £7.4m). Unaudited net cash was £3.3m (June 2025 net cash £7.0m) following upfront investment supported by debt facilities to fund deployment of Proximity Cloud®, Exchange Cloud® and Private Cloud wins.
The Group's revenue share Exchange Cloud® contracts are progressing to plan, with recently secured contracts expected to go live in H2 FY26, supporting future revenue growth and enhancing Beeks' recurring revenue profile.
The period also saw the launch of Market Edge Intelligence, an AI powered offering that opens a new high-margin revenue stream, with the proof of concept customer now progressing to contractual discussions.
The pipeline across all offerings remains at record strength, with major additional customer opportunities progressing through the sales funnel. This, coupled with the strong base of contracted revenue, underpins the Board's confidence in achieving FY26 results in line with its expectations.
Notice of Results and Investor Presentation
Beeks will issue its results for the six months ended 31 December 2025 on 16 March 2026. The Company will provide a live presentation relating to the H1 FY26 Results on 18 March 2026, at 13:00 GMT, via Investor Meet Company.
Gordon McArthur, CEO at Beeks, commented: "The first half of FY26 has seen strong commercial momentum across all offerings, securing multiple large-scale contracts, demonstrating the growing demand for our secure, high-performance cloud infrastructure across the global financial markets. We have entered the second half of the year with record levels of revenue visibility, underscoring our confidence in full year numbers, and our focus remains on executing against a strong pipeline."
Find out more at beeksgroup.com
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