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 Jan 2020 09:16

Beeks Financial Cloud Wins GBP2 Million Grant For Automation Project

Beeks Financial Cloud Wins GBP2 Million Grant For Automation Project

Read more
20 Dec 2019 10:43

UK WINNERS & LOSERS SUMMARY: Renewi Jumps 23% As Dutch Eco Ban Lifted

UK WINNERS & LOSERS SUMMARY: Renewi Jumps 23% As Dutch Eco Ban Lifted

Read more
20 Dec 2019 09:57

Beeks Financial Cloud Shares Rise On Awarding Of Two New Contracts

Beeks Financial Cloud Shares Rise On Awarding Of Two New Contracts

Read more
20 Dec 2019 07:37

Beeks Financial Cloud shares surge as it signs two big new contracts

(Sharecast News) - Financial cloud computing and connectivity provider Beeks Financial Cloud Group has secured two significant contracts, it announced on Friday, signing a $1m annualised contract with a global financial markets technology provider and a £1.1m contract over three years with a cloud-based payments solution provider.

Read more
15 Oct 2019 17:25

UPDATE: Beeks Financial Cloud CEO Sells GBP2.2 Million In Shares

UPDATE: Beeks Financial Cloud CEO Sells GBP2.2 Million In Shares

Read more
15 Oct 2019 14:54

Beeks Financial Cloud Boss McArthur To Sell GBP2.2 Million In Shares

Beeks Financial Cloud Boss McArthur To Sell GBP2.2 Million In Shares

Read more
5 Sep 2019 11:53

Beeks Financial Cloud Annual Profit Up As Institutional Sales Rise

(Alliance News) - Beeks Financial Cloud Group PLC on Thursday said profit rose in its most recent financial year, aided by institutional sales growth.Shares in Beeks were up 2.0% at 81.10 a

Read more
29 Aug 2019 15:59

UK Earnings, Trading Statements Calendar - Next 7 Days

Friday 30 August Cathay International HoldingsHalf Year ResultsEMIS GroupHalf Year Year 2

Read more
5 Aug 2019 17:57

DIRECTOR DEALINGS: Beeks Financial Cloud Chief Executive Sells Shares

(Alliance News) - Beeks Financial Cloud Group PLC said Monday that Chief Executive Officer Gordon McArthur sold GBP150,000 in stock in a deal on Friday last week.McArthur disposed of at 83

Read more
23 Jul 2019 10:55

Beeks Financial Cloud Shares Rise Following Two New Client Wins

(Alliance News) - Beeks Financial Cloud Group PLC said Tuesday it has signed two "additional substantial" tier 1 clients.Shares in the low-latency service provider for capital up

Read more
11 Jul 2019 14:13

Beeks Financial Inks Product Support Partnership With IPC Systems

(Alliance News) - Beeks Financial Cloud Group PLC on Thursday said it collaborated with IPC Systems Inc, a provider of communication software solutions for financial sector.The AIM-listed a

Read more
9 May 2019 13:27

Beeks Financial Cloud Buys Online Service Provider For USD1.4 Million

LONDON (Alliance News) - Cloud computing firm Beeks Financial Cloud Group PLC on Thursday said it acquired US-based online service provider, Commercial Network Services, for up to USD1.4 is to be

Read more
9 May 2019 10:30

Beeks acquires Commercial Network Services assets in $1.4m deal

(Sharecast News) - Cloud computing and connectivity provider Beeks Financial Cloud Group has acquired the assets of US-based online service provider Commercial Network Services (CNS) for a total consideration of up to $1.4m, it announced on Thursday.

Read more
20 Mar 2019 15:39

DIRECTOR DEALINGS: Beeks Financial Operating Chief Sells Shares

LONDON (Alliance News) - Beeks Financial Cloud Group PLC said on Wednesday Chief Operating Officer Paul Donohoe sold GBP36,000 in stock on Tuesday.Donohoe disposed of 40,000 shares at a of

Read more
28 Feb 2019 11:48

Beeks Financial Agrees New Partnership With Cryptocurrency Exchange

LONDON (Alliance News) - Beeks Financial Cloud Group PLC on Thursday said it has signed a new contract with cryptocurrency exchange operator BeQuant Exchange.Beeks will host BeQuant's a

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.