Shares of Glasgow-based Beeks Financial Cloud Group fell about 10% on Monday after it published unaudited results for the six months ended December 31, 2025, showing a statutory loss before tax of £1.87 million and revenue that fell 7% to £14.65 million.

Beeks is a cloud computing and connectivity provider for international financial markets. Its shares are now down about 26% in 2026.

In its outlook, Beeks said: “H2 FY26 revenue will be supported by c.£4.5m of revenue recognition from contract wins secured towards the end of H1 FY26, the remaining deployment of the Grupo Bolsa Mexicana (BMV) DR site secured in FY25, and the go-live of two recently secured Exchange Cloud contracts.

“Multiple significant contracts in discussion across each of the group’s offerings, and while contract timing and deployments with major organisations can be unpredictable, the growth in underlying recurring revenue and the current sales pipeline supports the board’s outlook of a full year performance in line with its expectations.”

Beeks CEO Gordon McArthur 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.”

Glasgow-based Beeks Financial Cloud Group plc, a cloud computing and connectivity provider for international financial markets,