Beeks Financial Cloud Group plc
("Beeks" or the "Company")
FY26 Trading Update
Record H2 secures a FY26 performance in line with market expectations
Momentum across all offerings
15 July 2026 - Beeks Financial Cloud Group plc ("Beeks" or the "Group"), a leading cloud computing and connectivity provider for financial markets, is pleased to provide the following trading update for the financial year ended 30 June 2026 ("FY26").
FY26 demonstrates another year of strong financial performance, in line with the Board's expectations, reflecting a record H2 and continued commercial momentum across the Group.
FY26 Revenue is expected to increase by 11% to approximately £40.0m (FY25: £35.9m), with underlying EBITDA growth of 18% to approximately £16.0m (FY25: £13.6m) and underlying profit before tax growth of 13% to approximately £6.2m (FY25: £5.5m). On a constant currency basis, Beeks has achieved revenue growth of 12% (£40.7m) and underlying profit before tax growth of 18% to £6.5m.
Beeks exited FY26 with approximately 15% growth in ACMRR in the year, on a constant currency basis, to £34.0m (30 June 2025: £29.5m), demonstrating Private Cloud growth and the benefits of Exchange Cloud revenue share contracts, providing a strong underpin to FY27 performance.
Gross cash at year end was £5.37m (FY25: gross cash £7.36m), with net cash of approximately £0.63m (30 June 2025: £6.96m). This follows significant upfront infrastructure investment, particularly towards the end of the year, to support the new Exchange Cloud® revenue share deployments, several of which are now cash flow positive, and continued capacity investment across Proximity Cloud and Private Cloud. This investment underpins the Group's ACMRR growth in the year and its strong revenue visibility into FY27.
FY26 Strategic highlights:
· Three wins for newly launched Market Edge Intelligence, with one of the world's largest banks, a leading North American exchange operator and leading global financial services provider. Strong early demand of the AI analytics offering from tier-one financial market participants reinforces the commercial potential of the platform.
· Two further Exchange Cloud deployments, TMX in Canada and nuam in South America, announced in H1 FY26 and in H2, Kraken, the Group's first crypto exchange customer, moved to phase 2 deployment, having sold out phase 1. Both Kraken and ASX have now transitioned to monthly profitability under the revenue share model, paving the way for increased profitable revenue growth in future years.
· Proximity Cloud continued to build commercial momentum through further customer wins, while Private Cloud delivered another year of strong recurring revenue growth.
· The Group enters FY27 with encouraging momentum across all four product lines and a healthy pipeline of commercial opportunities.
The Company expects to release audited results for FY26 in October 2026.
Gordon McArthur, Chief Executive Officer, commented: "This has been an important year for Beeks. Alongside delivering another year of strong growth, we have demonstrated our ability to execute at pace and the validity of the transition to a revenue share model.
The rapid adoption of Market Edge Intelligence by a range of market leading financial organisations has exceeded our expectations, with three customer wins secured within months of launch, validating the strength of the platform, market demand and our ability to execute commercially.
We now have four differentiated offerings to take to market, and a strong pipeline across each. As always, our focus is on commercial execution, as we look to deliver further growth in FY27."
For further information please contact:
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Beeks Financial Cloud Group plc |
via Alma |
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Gordon McArthur, CEO |
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Fraser McDonald, CFO |
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Canaccord Genuity |
+44 (0)20 7523 8000 |
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Adam James / George Grainger |
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Alma Strategic Communications |
+44(0)20 3405 0205 |
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Caroline Forde / Joe Pederzolli / Emma Thompson |
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About Beeks:
Cloud computing is crucial to Capital Markets and finance.
Beeks Group is a leading managed private infrastructure provider exclusively within this fast-moving sector. Our Infrastructure-as-a-Service model is optimised for low-latency compute, connectivity and analytics, providing the flexibility to deploy and connect to exchanges, trading venues and public cloud for a true hybrid cloud experience.
ISO 27001 certified, we provide world-class security aligned to global security requirements.
Founded in 2011, Beeks Group is listed on the London Stock Exchange (LSE: BKS) and has enjoyed continued growth each year. Beeks Group now employs over 100 team members across the globe with the majority based at our Renfrew HQ.
Find out more at www.beeksgroup.com