BEEKS FINANCIAL CLOUD GROUP PLC FY21 Final Results
September 2021
The Beeks Group
∕ The largest pure | ∕ Celebrating over | ∕ Listed on the | ∕ Over 100 global ∕ ISO certified | ∕ significantly |
play cloud | ten years | London Stock | personnel | expanded |
provider in | exclusive service | Exchange since | business and | |
capital markets | in FS and capital | 2018 | broadened | |
markets | product offering |
Our business model
- Beeks deliver managed low-latency compute, connectivity and analytics exclusively within global capital markets and financial services
- Largely a recurring revenue model
- Majority of our revenue, and the growth driver for the business, is our Institutional customer base
Revenue by segment
89% Institutional
11% | Retail |
Revenue by geography
28% | UK |
20% | US |
17% | Europe |
35% | Rest of World |
Global infrastructure
Based in the UK with an international network of global data centres
Beeks can support 400+ cross connects in the major international finance hubs across 200+ trading venues
Executing on growth strategy: Year of Product
Positive financial performance
-
24% growth in revenues and
EBITDA - ACMRR up 23% to £13.8m (2020: £11.2m)
Successful launch of two new offerings, with first customers secured
- Launch of Proximity Cloud, the only fully configured, pre- installed physical trading environment optimised for low latency trading
- Launch of Beeks Analytics, a cloud-based SaaS analytics offering
£16. M | ||||||||||
£15m | ||||||||||
£14. M | ||||||||||
£12. M | ||||||||||
£10. M | ||||||||||
£8. M | ||||||||||
£6. M | ||||||||||
£4. M | ||||||||||
£2. M | ||||||||||
£0. M | ||||||||||
2018 | 2019 | 2020 | 2021 | |||||||
EBITDA | Revenue | ACMRR | ||||||||
Executing on land & expand opportunity
- Growing Tier 1 base at various stages of deployment
- Expanding base for accelerated future growth
Record Q1 sales
- $5m TCV secured and £1.3m of non-recurring sales
- Upgrading revenue forecasts
- Validating the opportunity for Proximity Cloud
Metric | 2018 | 2019 | 2020 | 2021 | Sep '21 |
Revenue | £5.58 M | £7.35 M | £9.36 M | £11.62 M | |
ACMRR | £6.9 M | £9.1 M | £11.2 M | £13.8 M | £15.0 M |
EBITDA | £1.95 M | £2.48 M | £3.33 M | £4.14 M |
Attachments
- Original document
- Permalink
Disclaimer
Beeks Financial Cloud Group plc published this content on 28 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 October 2021 07:41:05 UTC.
