
NEWSFLOW
Beeks Financial Cloud (#BKS) – H1 adj. EPS +50% to 1.35p, states “considerable runway of visible revenue”
- 2023-02-27 07:40:13
Financial markets cloud computing and connectivity group Beeks Financial Cloud (BKS) has announced “a record trading performance in the year, delivering growth on the prior year and in line with upwardly revised market expectations” and that the first customer for its newly launched Exchange Cloud offering is ICE, the world's largest exchange group and owner of the New York Stock Exchange. So what of a share price currently up to 156p?
Financial markets cloud computing and connectivity group Beeks Financial Cloud (BKS) has announced results for its half-year ended 31st December 2021 and that “even excluding contribution from Exchange Cloud, the board are confident in achieving results for the year in line with market expectations, having already upgraded FY22 revenue expectations three times in the last six months”. So why are the shares currently slightly lower to 144.5p, a £81.4 million market cap, in response, particularly as they were around 200p a couple of months ago?...
Hello, Share Lovers. In the past, this old punter has avoided companies with 'Cloud' in the title. But despite my earlier forebodings, there’s a lot of good business going on in 'clouds' these days. That’s because more and more companies and individuals find it’s cheaper and easier to ‘outsource’ data to the ether.
Financial markets cloud computing and connectivity group Beeks Financial Cloud (BKS) “is pleased to announce the launch of Proximity Cloud, the industry's first private cloud environment for financial markets and to provide an update on trading for the year ended 30 June 2021”. The shares have though responded currently slightly lower to 122p, so what’s the outlook?...
Previously writing on financial markets cloud computing and connectivity group Beeks Financial Cloud (BKS), last month I noted a net cash outflow meaning a swing to a net debt position. Now a placing at 115p per share raising it £5 million “to accelerate the company's growth strategy and capitalise on the significant market opportunity and solid sales pipeline”. Hmmm...