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
Primary listing
LSE
Industry
Software
Headquarters
Employees
1,245
Website
BYIT Metrics
BasicAdvanced
£890M
16.70
£0.22
0.72
£0.35
9.47%
Price and volume
Market cap
£890M
Beta
0.72
52-week high
£5.63
52-week low
£3.18
Average daily volume
1.5M
Dividend rate
£0.35
Financial strength
Current ratio
1.106
Quick ratio
1.1
Long term debt to equity
1.294
Total debt to equity
1.976
Dividend payout ratio (TTM)
78.12%
Interest coverage (TTM)
228.27%
Profitability
EBITDA (TTM)
68.35
Gross margin (TTM)
75.19%
Net profit margin (TTM)
25.26%
Operating margin (TTM)
30.59%
Effective tax rate (TTM)
26.50%
Revenue per employee (TTM)
£170,000
Management effectiveness
Return on assets (TTM)
9.94%
Return on equity (TTM)
62.19%
Valuation
Price to earnings (TTM)
16.702
Price to revenue (TTM)
4.065
Price to book
9.02
Price to tangible book (TTM)
16.27
Price to free cash flow (TTM)
13.599
Free cash flow yield (TTM)
7.35%
Free cash flow per share (TTM)
0.27
Dividend yield (TTM)
9.47%
Growth
Revenue change (TTM)
4.89%
Earnings per share change (TTM)
16.45%
3-year revenue growth (CAGR)
14.19%
3-year earnings per share growth (CAGR)
17.82%
3-year dividend per share growth (CAGR)
17.27%
What the Analysts think about BYIT
Analyst ratings (Buy, Hold, Sell) for Bytes Technology stock.
Bulls say / Bears say
Bytes Technology Group reported a 15.2% increase in gross invoiced income, surpassing £2 billion for the first time, indicating strong market demand and effective sales strategies. (directorstalkinterviews.com)
The company achieved a 17.1% rise in operating profit, with the operating profit to gross profit margin increasing to 40.7%, reflecting improved operational efficiency. (directorstalkinterviews.com)
Bytes Technology Group declared a final ordinary dividend of 6.9p and a special dividend of 10.0p, demonstrating strong cash flow and a commitment to returning value to shareholders. (directorstalkinterviews.com)
Despite strong financial performance, Bytes Technology Group's shares fell by 5.08% following the latest financial report, suggesting investor concerns about future growth sustainability. (investing.com)
The resignation of CEO Neil Murphy due to undisclosed share trades may raise governance concerns and impact investor confidence. (reuters.com)
A 2.9% decline in revenue to £105.5 million, despite an increase in gross invoiced income, indicates potential challenges in converting sales into revenue. (lse.co.uk)
Data summarised monthly by Lightyear AI. Last updated on 7 Jul 2025.
BYIT Financial Performance
Revenues and expenses
BYIT Earnings Performance
Company profitability
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.
Capital at risk
Upcoming events
No upcoming events
FAQs
What’s the current market cap for Bytes Technology stock?
Bytes Technology (BYIT) has a market cap of £890M as of August 01, 2025.
What is the P/E ratio for Bytes Technology stock?
The price to earnings (P/E) ratio for Bytes Technology (BYIT) stock is 16.7 as of August 01, 2025.
Does Bytes Technology stock pay dividends?
Yes, the Bytes Technology (BYIT) stock pays dividends to shareholders. As of August 01, 2025, the dividend rate is £0.347 and the yield is 9.47%. Bytes Technology has a payout ratio of 78.12% on a trailing twelve-month basis.
When is the next Bytes Technology dividend payment date?
The next Bytes Technology (BYIT) dividend payment date is unconfirmed.
What is the beta indicator for Bytes Technology ?
Bytes Technology (BYIT) has a beta rating of 0.72. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.