Bytes Technology /£BYIT
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
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
- 1,353
- Headquarters
- Leatherhead, United Kingdom
- Website
- www.bytes.co.uk
BYIT Metrics
BasicAdvanced
£1B
20.92
£0.21
0.71
£0.10
2.28%
Price and volume
Market cap
£1B
Beta
0.71
52-week high
£4.94
52-week low
£2.49
Average daily volume
745K
Dividend rate
£0.10
Financial strength
Current ratio
1.033
Quick ratio
1.022
Long term debt to equity
0.015
Total debt to equity
0.029
Dividend payout ratio (TTM)
45.85%
Interest coverage (TTM)
197.98%
Profitability
EBITDA (TTM)
67.171
Gross margin (TTM)
75.62%
Net profit margin (TTM)
21.65%
Operating margin (TTM)
26.97%
Effective tax rate (TTM)
26.85%
Revenue per employee (TTM)
£180,000
Management effectiveness
Return on assets (TTM)
9.04%
Return on equity (TTM)
70.91%
Valuation
Price to earnings (TTM)
20.917
Price to revenue (TTM)
4.388
Price to book
14.85
Price to tangible book (TTM)
43.2
Price to free cash flow (TTM)
17.644
Free cash flow yield (TTM)
5.67%
Free cash flow per share (TTM)
0.254
Dividend yield (TTM)
2.28%
Growth
Revenue change (TTM)
9.56%
Earnings per share change (TTM)
0.09%
3-year revenue growth (CAGR)
6.45%
3-year earnings per share growth (CAGR)
6.50%
3-year dividend per share growth (CAGR)
9.71%
What the Analysts think about BYIT
Analyst ratings (Buy, Hold, Sell) for Bytes Technology stock.
Analyst projections of the future price of Bytes Technology stock.
Bulls say / Bears say
First-half gross profit rose 17.8%, with growth in both the public and private sectors, and Bytes upgraded its full-year gross profit outlook to low-to-mid teens growth. That points to a strong recovery in trading momentum. (London Stock Exchange)
Services gross invoiced income grew 41%, and the CyberOne deal adds a 24-hour security operations capability. This could help Bytes win more higher-value, service-led work alongside software resale. (London Stock Exchange, London Stock Exchange)
The existing customer base generated 98.2% of gross profit, while the renewal rate rose to 115.7%. That suggests strong customer loyalty and scope to grow sales within established accounts. (London Stock Exchange)
Operating profit grew just 6.6%, against 17.8% growth in gross profit, and its share of gross profit fell to 36.4% from 40.2%. Full-year operating profit guidance is still only for low-to-mid single-digit growth, so higher sales are not yet translating into similar profit growth. (London Stock Exchange)
UBS warned that Microsoft incentive changes could weigh on Bytes because Microsoft-related incentives and product mark-ups account for about half of gross profit. The changes include lower rewards on some products, making the group vulnerable to shifts in a key supplier’s terms. (Proactive Investors)
J.P. Morgan sees limited tangible AI infrastructure exposure at Bytes, with hardware contributing less than 10% of gross profit. It also flagged the risk that vendors or AI platforms sell directly to customers, bypassing resellers. (Proactive Investors)
Data summarised monthly by Lightyear AI. Last updated on 9 Nov 2026.
BYIT Financial Performance
Revenues and expenses
BYIT Earnings Performance
Company profitability
Upcoming events
Funds containing BYIT
AllGBPUSDEUR
Fund name | Fund size | £BYIT weighting |
|---|---|---|
Vanguard FTSE 250£VMID | £1.5B | 0.31% |
Vanguard FTSE 250£VMIG | £569M | 0.31% |
iShares FTSE 250£MIDD | £652M | 0.30% |
Xtrackers MSCI Europe Small Cap£XXSC | $3.7B | 0.08% |
Xtrackers MSCI Europe Small Cap€DX2J | $3.7B | 0.08% |
Latest price is delayed by 15 minutes. 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 London Stock Exchange, through Infront.