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Beeks Financial: decent growth but why bother with a dividend?

Beeks Financial Cloud (LON: BKS), the cloud computing and connectivity provider for financial markets, released encouraging results for the six months ending 31 December 2020, but we are puzzled by one aspect of the numbers.

Revenues increased by 24% to £5.29m of which 91% is recurring with annualised Committed Monthly Recurring Revenue (ACMRR) up 18% to £12.00m.

In April 2020 Beeks acquired Velocimetrics, a network monitoring and…

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