Beeks Financial Cloud Group revealed Thursday that it has signed more than $7 million worth of new Private Cloud contracts in August, strengthening its order book for the year ahead.
Beeks Financial Cloud Wins $7 Million in New Private Cloud Contracts
The AIM-listed company, which provides cloud computing and connectivity services to financial institutions, said the contracts cover multiple clients across different geographies.
Revenue recognition will begin in the current financial year, supporting the board’s expectations for fiscal 2026.
Private Cloud is Beeks’ dedicated infrastructure platform, designed to deliver secure, high-performance and low-latency computing for individual clients.
The firm explained that, unlike public cloud services, where resources are shared, the platform is deployed within a client’s own data centre or a facility of their choosing.
The latest wins build on momentum from June, when Beeks reported a record month for its Proximity Cloud business.
The company said strong August trading further demonstrates ongoing demand for its infrastructure services.
“Demand for our offerings continues to build as financial institutions increasingly recognise the need for secure, high-performance infrastructure,” said Gordon McArthur, chief executive of Beeks. “These wins add meaningful contracted revenue for this year and reinforce our confidence in the Company’s ongoing growth prospects.”
The announcement underscores Beeks’ strategy of expanding recurring revenue through large-scale institutional contracts.
