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
£955M
18.17
£0.22
0.79
£0.20
5.02%

What the Analysts think about BYIT

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

Bulls say / Bears say

Bytes Technology posted FY25 gross invoiced income of £2.10 billion, up 15.2%, with operating profit rising 17.1% to £66.4 million and closing cash up 27% to £113.1 million, showing strong financial performance and liquidity (Investing.com).
The company increased its final ordinary dividend to 6.9 pence and special dividend to 10.0 pence per share, both up 15%, reflecting strong cash generation and an ongoing focus on shareholder returns (RTTNews).
Public sector gross profit rose 18.2% in FY25—more than double the rate of corporate growth—highlighting Bytes’ strong position in government IT contracts and solid demand from the public sector (Investing.com).
Bytes Technology warned its first-half FY26 gross profit would be unchanged year-on-year and operating profit slightly down, citing delayed customer decisions and longer-than-expected restructuring, signaling operational challenges compared to previous growth targets (Reuters).
After this profit warning, Bytes Technology’s shares dropped over 27% on July 2, 2025, as the company withdrew its full-year guidance, emphasizing investor concerns about the company's growth prospects (Reuters).
Changes to Microsoft’s enterprise agreement program reduced transactional incentives, hitting Bytes’ public sector business especially hard and putting pressure on its margins and revenue, pointing to risks tied to key vendors (Reuters).
Data summarised monthly by Lightyear AI. Last updated on 8 Oct 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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