Shares in Beeks Financial Cloud Group PLC (AIM:BKS) jumped 36% in the first hour of trading following the announcement of significant contract wins and a positive trading update.
The cloud computing provider for financial markets revealed a multi-million-dollar, multi-year expansion contract for its Proximity Cloud offering, alongside a new contract with one of the world's largest exchange groups for its Exchange Cloud Offering.
In the same announcement, investors were told that while its 2024 financial performance was in line with market hopes, 2025 looks likely to be "significantly" ahead of expectations.
At 8.49 am, the stock was up 38.5p at 146.5p.