Beeks Financial Cloud Group, which builds trading platforms for global stock exchanges, has entered the second half of the year with a strong pipeline of contracts.
Trading in the first half has been in line with board expectations, and the Renfrewshire-based group has made a series of announcements of contracts wins in recent months.
About half the £7 million of new business secured in the first six months of the financial year will be recognised as revenue in the second half.
H1 recognised revenues are expected to fall back to £14.7m from £15.8m last time, reflecting a lower level of up-front revenue in the period as a result of the timing of wins and the move to a revenue share model within one product.
Gordon McArthur, CEO at Beeks, commented: “The first half of FY26 has seen strong commercial momentum across all offerings, securing multiple large-scale contracts, demonstrating the growing demand for our secure, high-performance cloud infrastructure across the global financial markets.
“We have entered the second half of the year with record levels of revenue visibility, underscoring our confidence in full year numbers, and our focus remains on executing against a strong pipeline.”
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