Beeks expecting profit surge from new contracts – Daily Business
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Gordon McArthur: strong momentum
Beeks Financial Cloud, the Scottish builder of trading platforms for global stock exchanges, has reported strong commercial momentum, laying the foundation for significant, profitable growth.
The Renfrewshire-based company slipped to an underlying half-year loss of £0.69m (H1 2025: £1.89m profit).
However, it expects “strong profit progression” in the second half as recently secured contracts come through.
The total contract value of new contracts signed in the period were up 23% to £11.9m (H1 FY25: £9.7m).
Gordon McArthur, CEO, said: “We enter the second half with strong momentum and a customer base comprising some of the world’s largest financial institutions, each with significant expansion opportunity.
“While the timing of contract wins and the increasing prevalence of revenue share contracts means the impact of this sales momentum is not reflected in financial performance in the first half, it lays the foundation for significant and enhanced profitable revenue growth in the years ahead.
“We remain focused on fulfilling our growth potential, bolstered by a building pipeline, while maintaining strict financial discipline to support our long-term ambitions.”
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