Slide 1: FY22 Investor presentation
FY22 Investor presentation October 2022 Gordon McArthur CEO Fraser McDonald CFO
Slide 2: Page 2
The information contained in this document (the "Presentation") has been prepared by Beeks Financial Cloud Group plc (the "Company"). This Presentation has not been approved by an authorised person in accordance with section 21 of the Financial Services and Markets Act 2000 and therefore it is being
Slide 3: Cloud computing services for financial markets
Cloud computing services for financial markets ∕ We consider Beeks to be one of the largest pure play cloud FY22 providers in capital markets Delivering Record Results ∕ Financial services organisations historically slow to adopt the cloud – now gaining traction ∕ We have been selected by some of th
Slide 4: Global infrastructure
Global infrastructure Based in the UK with a growing network of key global financial data centres Coming soon: further services in Toronto and, in partnership with IPC, Mexico with European expansion planned in Spain and the Nordic region. Beeks can support 400+ cross connects in the major internati
Slide 5: Why its needed
Why its needed Security Business demands Location Integration Engineering support Cost ∕ Shared infrastructure ∕ Things can change in ∕ Financial organisations ∕ Integrating low latency, ∕ We believe security ∕ Monthly subscription causes problems with the financial sector very wish to deploy quickl
Slide 6: The evolution of Beeks Cloud
The evolution of Beeks Cloud >>> >>> >>> Client segment evolution Public Cloud ∕ We believe Beeks is well positioned to address the Cloud compute requirements of the world’s Retail VPS Broker largest capital markets and financial services organisations ∕ Beeks provide managed low-latency compute, co
Slide 7: Exchange Cloud opportunity
Exchange Cloud opportunity ∕ A version of Proximity Cloud explicitly designed for global exchanges and electronic communication networks (ECNs) ∕ Launched in H2 ∕ Developed in response to Beeks’ identified demand from global exchanges for a secure, multi-client cloud environment ∕ Clients can offer
Slide 8: Proximity Cloud: game changer
Proximity Cloud: game changer ∕ The total value of Proximity Cloud contracts to date stands at $5.2 million since launch ∕ The Proximity Cloud pipeline continues to build ∕ Launched in August 2021 for global Tier 1 community ∕ We believe unique to the market - the only fully configured, pre-installe
Slide 9: Record Sales Growth
Record Sales Growth £25.00 M ∕ Record sales growth + 57% Key metrics FY20-22 ∕ ACMRR up 40% to £19.3m Turnover PBT EBITDA ACMRR ∕ 52% growth in EBITDA vs prior £20.00 M £19.30 M £18.29 M period ∕ Majority of our revenue, and the £15.00 M growth driver for the business, is £13.80 M our Institutional
Slide 10: Proximity / Exchange Cloud – Change in Business Model
Proximity / Exchange Cloud – Change in Business Model ∕ Different Revenue Recognition Policy to traditional ∕ Change in % Recurring Revenue (FY22: 76%, FY21: 93%) Private Cloud (Software/hardware element) – c50% ∕ Accounting only – not cash upfront on day 1 ∕ FY22 - £2.3m (12% of total revenue) ∕ Lo
Slide 11: FY23 key objectives
FY23 key objectives ∕ Convert the Exchange ∕ Continue product ∕ Manage the wider ∕ See a return on ∕ Continue momentum Cloud and Proximity development inflationary impacts investment with ICE and IPC Cloud pipeline partnerships Page 11
Slide 12: Outlook
Outlook Opportunity ∕ Growing track record and compelling reference clients ∕ The majority of financial services organisations around the world are exploring how to utilise the power of the cloud ∕ Through Private Cloud, Proximity Cloud and Exchange Cloud, we have the offering to support them ∕ We h
Slide 13: Appendix
Appendix
Slide 14: Board
Board Gordon McArthur Fraser McDonald Mark Cubitt Will Meldrum Kevin Covington CEO CFO Chairman Independent NED Independent NED ∕ Founder & CEO since 2011 ∕ At Beeks since 2016 ∕ 26 years’ of PLC experience ∕ Currently SVP at S&P Global ∕ Over 30 years’ experience ∕ 20 years’ experience in the IT ∕
Slide 15: Income Statement
Income Statement Income Statement June-20 June-21 June-22 (£'000) (£'000) (£'000) Turnover 9,360 11,615 18,289 CoS (2,984) (3,535) (6,192) Dep and Amort (1,624) (2,251) (3,867) *Gross profit 4,752 5,829 8,230 Gross Margin % 51% 50% 45% **EBITDA 3,334 4,142 6,311 EBITDA % 36% 36% 35% ^Operating profi
Slide 16: Cash Flow
Cash Flow Cash flows from operating activities: FY20 FY21 FY22 (£'000) (£'000) (£'000) Operating cash flows before working capital (including tax paid) 2,976 4,011 6,754 Net receivables/payables/other 259 1,224 (2,246) Net cash from operating activities 3,235 5,235 4,508 Purchase of PPE (net) (2,819
Slide 17: The Beeks Group
The Beeks Group ∕ We consider Beeks ∕ Celebrating over ∕ Listed on the ∕ Over 100 personnel ∕ ISO certified ∕ significantly to be one of the ten years exclusive London Stock globally expanded business largest pure play service in FS and Exchange AIM and broadened cloud provider in capital markets Ma