Beeks Financial Cloud Group plc (LON:BKS), a cloud computing and connectivity provider for financial markets, today announced its final results for the year ended 30 June 2025.
Revenue increased 26% year on year to £35.9 million, supported by expansion with existing customers and new contract wins. Recurring revenues represented 71% of total revenue (2024: 84%), reflecting product mix, particularly the higher proportion of Proximity and Exchange Cloud® sales (under the prior model) which have an upfront revenue recognition element.
Despite this shift, the Group continues to benefit from a resilient base of contracted income, with Annualised Committed Monthly Recurring Revenue (ACMRR) increasing 5% to £29.5m (2024: £28.0m), reinforcing visibility of future earnings. As referenced earlier in the report, ACMRR further increased to £31.5m as at September-25 following a strong start to FY26.
Statutory gross profit earned, which is calculated by deducting from revenue variable cost of sales such as data centre costs, software licencing, connectivity charges and depreciation and amortisation on our server estate and internally developed software, increased 30% to £14.70m (2024: £11.34m) with gross margins rising slightly to 40.9% (2024: 39.8%).
Cost discipline, combined with revenue growth has enabled Earnings before interest, tax, depreciation, amortisation and exceptional non-recurring costs (“Underlying EBITDA”) to increase by 27% to £13.6m (2024: £10.7m).
Underlying Profit before tax increased to £5.5m (2024: £3.9m) demonstrating operational leverage and scalability with underlying profit before tax margins increasing to 15.3% (FY24: 13.7%).
Statutory Profit before tax increased to a profit of £2.79m (2024: £1.5m).
Underlying earnings per share increased 21% to 8.47p (2024: 7.01p). Underlying diluted earnings per share increased to 7.60p (2024: 6.36p). The increase in underlying EPS is largely as a result of the increased underlying profitability in FY25.
Basic earnings per share increased to 4.43p (2024: 3.33p). The increase in basic EPS is as a result of the statutory profit in the period. Diluted earnings per share has also increased to 4.12p (2024: 3.11p).
