Beeks Financial Cloud Group’s (“Beeks”) H1 21A results in our view demonstrate a solid trading performance against a COVID-impacted backdrop. Revenue in the core institutional business grew strongly during the period (+31% YoY), with underlying EBITDA also exhibiting double-digit growth. Operational highlights include the launch of the Beeks Analytics service and continued progress with the network automation project, as part of the Beeks Private Cloud. We adjust FY 21E estimates only to reflect ....
08 Mar 2021
Solid trading, investing in growth
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Solid trading, investing in growth
Beeks Financial Cloud Group Plc (BKS:LON) | 182 9.1 2.8% | Mkt Cap: 120.9m
- Published:
08 Mar 2021 -
Author:
Gareth Evans | Blaine Tatum -
Pages:
6
Beeks Financial Cloud Group’s (“Beeks”) H1 21A results in our view demonstrate a solid trading performance against a COVID-impacted backdrop. Revenue in the core institutional business grew strongly during the period (+31% YoY), with underlying EBITDA also exhibiting double-digit growth. Operational highlights include the launch of the Beeks Analytics service and continued progress with the network automation project, as part of the Beeks Private Cloud. We adjust FY 21E estimates only to reflect ....