Published on: February 27, 2023
Operational progress continues in H1 23
Beeks Financial Cloud Group, the cloud computing, connectivity and analytics provider for financial markets, has delivered impressive H1 23 results, in our view. Revenue growth (+35% YoY) and margin expansion (underlying EBITDA +48% YoY) were highlights of the release, with financial performance benefitting from recent investment in the platform and product set. The group made strong operational progress during the half, and commentary on the outlook is positive. Overall, we believe the announcement will maintain confidence in the Beeks growth story.
