focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBeeks Fin.cloud Share News (BKS)

Share Price Information for Beeks Fin.cloud (BKS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 177.00
Bid: 174.00
Ask: 180.00
Change: 0.00 (0.00%)
Spread: 6.00 (3.448%)
Open: 177.00
High: 177.00
Low: 177.00
Prev. Close: 177.00
BKS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS: dotdigital eyes rosy future; Beeks Financial turns to profit

Tue, 05th Mar 2024 20:43

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

----------

Beeks Financial Cloud Group PLC - Glasgow-based cloud computing and connectivity provider - Swings to pretax profit of GBP158,000 in the six months to December 31, from a loss of GBP762,000 a year prior. Revenue climbs 25% to GBP13.0 million from GBP10.4 million. Cost of sales increase 31% to GBP8.2 million from GBP6.2 million, while admin expenses decrease 4.2% to GBP4.7 million from GBP4.9 million. Looking ahead, Chief Executive Officer Gordon McArthur says the company is confident as it was underlining "the size of the opportunity we are addressing. Financial markets are still only at the start of the journey to the cloud. With our proven offering and growing tier 1 customer base, which includes some of the largest financial organisations in the world, as well as our increasing profit margins and cash generation, we have never been better placed to seize the opportunity. Our focus for the second half remains the conversion of our significant pipeline."

----------

dotdigital Group PLC - London-based online marketing company - Pretax profit edges down negligibly to GBP7.38 million in the six months to December 31, from GBP7.42 million a year prior. Revenue however grows 15% to GBP38.7 million from GBP33.8 million. Cost of sales increase 14% to GBP8.0 million from GBP7.1 million. Administrative expenses increase 16% to GBP22.4 million from GBP19.2 million. Looking ahead, the company says it enters the second financial half "with good trading momentum and the ability to attract higher value deals, underpinned by continuous product enhancements to drive cross- and up-sells from the existing base." It adds: "We remain confident in the group's ability to continue to execute against its stated strategy and meet market expectations."

----------

MaxCyte Inc - Maryland, US-based provider of cell engineering platform technologies developing "next-generation cell therapeutics" - Confirms 2023 results it had announced in January. Further, expects core revenue growth of between none and 5% in 2024 compared to 2023. Expects strategic platform license programme-related revenue of around USD3 million for the year, down sharply from USD11.4 million in 2023. CEO Maher Masoud says: "As we continue to expand our SPL portfolio this year, we remain confident in our ability to support our current and prospective clients as new waves of next-generation cell therapies come to market."

----------

Origin Enterprises PLC - Dublin-based agronomy services firm - Pretax profit dives 96% to EUR5.3 million in the six months to January 31, from EUR13.3 million a year prior. Revenue drops 28% to EUR854.9 million from EUR1.18 billion. Notes an expected correction in global feed and fertiliser raw materials regarding decline in revenue. Despite the results, maintains interim dividend at 3.15 euro cents per share. Looking ahead, says on-farm sentiment remains cautious as growers shift towards spring planting and seek to optimise yields from a reduced autumn/winter planted area. Further, expects financial 2024 earnings per share between 44 and 49 euro cents, reflecting adverse weather. This compares to EPS of 45.24c Origin Enterprises had reported for financial 2023.

----------

Thor Energy PLC - US and Australia-focused mineral exploration company - Pretax loss widens to GBP2.3 million in the six months to December 31, from GBP8,000 a year prior. Posts no revenue. Notes costs regarding a write off of exploration assets of around GBP1.9 million in the most recent half-year, compared to no such cost a year prior. Managing Director Nicole Warland says: "After ending the year with consistent high-grade uranium results from our 2023 drilling program, we are optimistic about our 2024 drilling programs as we continue to strategically position our portfolio towards advancing our 'green energy' projects in the US." She adds: "With a strong pipeline of news flow expected for the coming months and project milestones across the portfolio, we anticipate 2024 to provide significant progress in our key assets and we will provide further updates in due course."

----------

Time Out Group PLC - Global media and hospitality business - Pretax loss narrows 63% to GBP4.6 million in the six months to December 31, from GBP12.5 million a year prior. Revenue falls 2.4% to GBP52.5 million from GBP53.8 million. However, like-for-like revenue in constant currency climbs 6.9% to GBP54.9 million from GBP51.4 million. Time Out says it has made "significant" further progress in driving profitability and operational cash generation. It says it has several potential growth avenues, citing collaboration with leading landlords and developers.

----------

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
7 Apr 2021 16:23

IN BRIEF: Beeks Financial Cloud raises GBP5 million through placing

IN BRIEF: Beeks Financial Cloud raises GBP5 million through placing

Read more
6 Apr 2021 17:59

IN BRIEF: Beeks Financial Cloud to raise GBP5 million via placing

IN BRIEF: Beeks Financial Cloud to raise GBP5 million via placing

Read more
8 Mar 2021 16:30

IN BRIEF: Beeks Financial maintains interim payout amid revenue growth

IN BRIEF: Beeks Financial maintains interim payout amid revenue growth

Read more
23 Dec 2020 13:44

UK EXECUTIVE CHANGE SUMMARY: United Oil & Gas Hires Former Tullow CFO

UK EXECUTIVE CHANGE SUMMARY: United Oil & Gas Hires Former Tullow CFO

Read more
11 Nov 2020 15:57

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
15 Sep 2020 19:19

UK EARNINGS SUMMARY: Rockhopper Loss Balloons, Confident In Sea Lion

UK EARNINGS SUMMARY: Rockhopper Loss Balloons, Confident In Sea Lion

Read more
4 Aug 2020 19:16

UK TRADING UPDATE SUMMARY: Brickability Recovering Well From Pandemic

UK TRADING UPDATE SUMMARY: Brickability Recovering Well From Pandemic

Read more
4 Aug 2020 16:13

Cannacord stays at 'buy' on Beeks Financial Cloud

(Sharecast News) - Analysts at Canaccord Genuity reiterated their 'buy' recommendation for Beeks Financial Cloud following the company's pre-close trading update.

Read more
4 Aug 2020 15:59

Beeks shares fall as it reports 'good progress' on strategy

(Sharecast News) - Financial cloud computing company Beeks Financial Cloud Group updated the market on its trading for the year ended 30 June on Tuesday, reporting "continued good progress" against its strategic objectives.

Read more
28 May 2020 14:10

UK EXECUTIVE CHANGE SUMMARY: McColl's Hires Restaurant Exec As New CFO

UK EXECUTIVE CHANGE SUMMARY: McColl's Hires Restaurant Exec As New CFO

Read more
15 Apr 2020 14:32

UK TRADING UPDATE SUMMARY: Kromek To Make 2,000 Ventilators For UK

UK TRADING UPDATE SUMMARY: Kromek To Make 2,000 Ventilators For UK

Read more
15 Apr 2020 09:48

Beeks Financial sees 'minimal impact' from Covid-19, acquires Velocimetrics

(Sharecast News) - Cloud computing provider Beeks Financial Cloud acquired UK-based network monitoring and trade analytics software company Velocimetrics on Wednesday after seeing "minimal impact" as a result of the Covid-19 pandemic.

Read more
26 Mar 2020 17:42

EXECUTIVE CHANGE SUMMARY: Shareholder To Become Executive Chair Of NMC

EXECUTIVE CHANGE SUMMARY: Shareholder To Become Executive Chair Of NMC

Read more
2 Mar 2020 09:42

Beeks Financial Meeting Expectations After "Positive" First Half

Beeks Financial Meeting Expectations After "Positive" First Half

Read more
26 Feb 2020 12:48

Wednesday broker round-up

(Sharecast News) - Associated British Foods: Berenberg downgrades to hold with a target price of 2,700p.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.