Bytes Technology /£BYIT

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About Bytes Technology

Bytes Technology Group PLC is a company that provides a comprehensive range of information technology services. Operating in the IT sector, their offerings include security, storage and virtualization, licensing, digital transformation, software asset management, cloud management, and cyber consulting services. The company, which serves a global customer base, was founded and continues to specialize in solutions that facilitate effective digital operations and security for various businesses.

Ticker

£BYIT

Sector

Software & Cloud Services

Primary listing

LSE

Employees

1,245

BYIT Metrics

BasicAdvanced
£1B
19.43
£0.22
0.72
£0.20
4.69%

What the Analysts think about BYIT

Analyst ratings (Buy, Hold, Sell) for Bytes Technology stock.

Bulls say / Bears say

FY25 audited results showed gross invoiced income surpassed £2 billion for the first time (up 15.2%), with gross profit up 12.0%, operating profit increasing 17.1%, and year-end cash at £113.1 million, highlighting strong financial performance. (Reuters)
In FY25, public sector gross profit increased 18.2% and corporate gross profit rose 8.9%, reflecting balanced, resilient growth across key customer segments. (Reuters)
Management reiterated in May that the company is well positioned for another year of double-digit gross profit growth and high single-digit operating profit growth in FY26, expressing confidence in sustained growth. (Reuters)
Shares dropped 27% after the company warned that operating profit for H1 FY26 would be slightly lower because of delayed customer decisions and a longer-than-expected restructuring process, pointing to short-term challenges. (Reuters)
Switching from a generalist sales model to specialised, customer-segment-focused teams has taken more time than planned, hurting sales momentum and pushing back revenue recognition. (Reuters)
Adjustments to Microsoft’s enterprise agreement program have reduced transactional incentives, which particularly hit public sector margins in the first half. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 6 Sept 2025.

BYIT Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

BYIT Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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