Beeks Financial Cloud (BKS)

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Beeks Financial Cloud BKS Logo

A UK based company focused on providing niche cloud computing and connectivity services for automated trading in futures and forex financial products.

29-Aug-2018 – 78p – £38.5m – PER 23.3

Final Results For The 12 Months To End June 2018 – Revenues up by 41% to £5.58m (2017: £3.97m), Underlying PBT £1.19m (2017: £0.0m) with Underlying EPS of 2.27p (2017: 0.22p loss). Net Cash at £2.09m (2017: Net debt £0.74m) and there’s a Maiden Final Dividend of 0.3p (2017: 0.0p). Strong pipeline of sales opportunities, confident of the year ahead.

I am long here and these results look good (pretty much as expected) – I will continue to hold for now.

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