Information Technology

Beeks Financial Cloud Group PLC

  • Market Cap (£m) 105.2
  • Listing AIM

Company Description

Beeks Financial Cloud Plc (Beeks) provides scalable, Cloud-based ultra-low latency connectivity and infrastructure services for the automated trading of all key financial asset classes. The group has a global platform, with connectivity to selected trading platforms worldwide.

Investment Summary

In our view, Beeks has competitive advantage in a number of areas, including rapid deployment times, the platform's inherent security and the flexibility given to clients by the self-service portal. The group also gains significant credibility in the marketplace from being a UK-listed Plc, with a solid financial position.

Recent Content

    This year good, next year better

    06/02/2024 Beeks Financial Cloud Group PLC

    Beeks has this morning provided a robust (in-line) update for H1 FY24 (six months to 31 December 2023) […]

    FY23: Double-digit growth, record ACMRR

    02/10/2023 Beeks Financial Cloud Group PLC

    Beeks Financial Cloud Group, the cloud computing, connectivity and analytics provider for financial markets, has delivered FY23 results […]

    Growth in FY23, strong start to FY24

    06/09/2023 Beeks Financial Cloud Group PLC

    Beeks’ FY23 trading update (12 months to 30 June) confirms that the group delivered impressive growth in revenue […]

    Reference client signed in South Africa

    19/06/2023 Beeks Financial Cloud Group PLC

    Beeks has today announced the signing of a contract with the Johannesburg Stock Exchange (JSE) for the deployment […]

    Operational progress continues in H1 23

    27/02/2023 Beeks Financial Cloud Group PLC

    Beeks Financial Cloud Group, the cloud computing, connectivity and analytics provider for financial markets, has delivered impressive H1 […]

    Impressive FY22 results

    10/10/2022 Beeks Financial Cloud Group PLC

    Beeks Financial Cloud Group, the cloud computing, connectivity and analytics provider for financial markets, has delivered impressive FY22 […]

    Breaking the ICE

    12/09/2022 Beeks Financial Cloud Group PLC

    Beeks has this morning published a short trading update for FY22 and, probably just as importantly, revealed the […]

    Delivering on the Land and Expand strategy

    21/03/2022 Beeks Financial Cloud Group PLC

    Beeks has reported impressive H1 22A results, in our view. Revenue (+46% YoY) and profits (underlying EBITDA +41% […]

    Major deal prompts revenue uplift

    02/02/2022 Beeks Financial Cloud Group PLC

    Beeks has announced a second major contract win for its Proximity Cloud product range, effectively a private cloud […]

More Content

Company Management Team

  • Gordon McArthur

    Chief Executive Officer

    Gordon McArthur founded Beeks in 2010 out of a deep-seated frustration with the inadequacies of existing low-latency trading infrastructure. Over the course of his 20-year career in software and IT solutions, Gordon has not only witnessed but actively driven the evolution of the industry. His strategic acumen and leadership have propelled Beeks from a modest three-person startup to its current iteration. Gordon has held pivotal roles at industry giant, IBM. His tenure at IBM is marked by his contributions to financial services and the industrial sector. Beginning with a focus on SME businesses, Gordon quickly ascended to overseeing IBM’s largest globally integrated accounts in the Oil and Gas sector. Gordon holds a Bachelor of Arts (Hons) in Risk Management and a Master’s in Business Information Management from Glasgow Caledonian University. His academic pursuits complement his practical experience, equipping him with a holistic understanding of the intricate interplay between risk, business, and information management. As a thought leader in cloud infrastructure for the capital markets space, Gordon McArthur continues to shape the narrative of low-latency trading, constantly pushing the boundaries of what’s possible. His journey from addressing the frustrations of the past to steering Beeks into its profitable present exemplifies his commitment to innovation and excellence in the ever-evolving landscape of cloud services for the financial industry.

  • Fraser McDonald

    Chief Financial Officer

    Fraser McDonald has over 19 years’ experience in finance, management and consulting roles. Having commenced his finance career and management accountancy training (CIMA) with National Australia Group, Fraser has gaianed experience working for global organisations such as Royal BAM group, Lactalis McLelland and Serco Group plc across different industries including Banking, Manufacturing and Construction. Fraser has been in the Technology Sector since 2009, where has held senior roles including Commercial Manager and Head of Finance at ACCESS LLP (subsid of Serco Group plc). Fraser joined Beeks on a consultancy basis in March 2016 to support the company through the AIM admission process, before being appointed on a permanent basis as Group Financial Controller in March 2017. And then Chief Financial Officer in 2018. Fraser has a BA (Hons) in Finance from the University of Strathclyde, and PgDip in Information Technology from the University of Paisley.

Key Dates

Mar 2021
8th
Interims
Actual
Aug 2021
10th
Q4 TU
Actual
Sep 2021
27th
Q1 TU
Actual
Dec 2021
15th
AGM
Actual
Mar 2022
21st
Interims
Actual
Sep 2022
12th
Q4 TU
Actual
Oct 2022
10th
Finals
Actual
Dec 2022
22nd
AGM
Actual
Feb 2023
27th
Interims
Actual
Sep 2023
6th
Q4 TU
Actual
Oct 2023
2nd
Finals
Actual
Dec 2023
21st
AGM
Actual
Feb 2024
6th
Q2 TU
Actual
Mar 2024
5th
Interims
Actual
Sep 2024
6th
Q4 TU
Estimate
Oct 2024
2nd
Finals
Estimate
Dec 2024
21st
AGM
Estimate
Feb 2025
6th
Q2 TU
Estimate