Beeks Financial Cloud expects FY26 revenue to increase by 11%
Beeks Financial Cloud Group plc (LON:BKS), a cloud computing and connectivity provider for financial markets, today provided a trading update for the financial year ended 30 June 2026 (“FY26”).
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.
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.”
