Bytes Technology /BYIT

1.31%
-
1D1W1MYTD1YMAX

About Bytes Technology

Bytes Technology Group plc is a United Kingdom-based company that provides information technology (IT) software offerings and solutions, with a focus on cloud and security products. The Company enables technology sourcing, adoption, and management across software services, including in the areas of security, cloud and artificial intelligence (AI) solutions. It comprises two brands: Bytes Software Services (BSS) and Phoenix Software (Phoenix). Bytes Software Services has a customer base that is made up of both private sector customers and public sector customers, whilst Phoenix's focus is exclusively on public sector customers. Its cyber security services include Managed Microsoft Sentinel, Managed Firewall Protection, Managed Endpoint Detection & Response, Managed Vulnerability Management, Bytes Incident Response and Penetration Testing & Assurance Services. Its modern workplace services include Managed Workspace, Bytes FastTrack Service, Modern Workplace Advisory Service and others.

Ticker

BYIT

Sector

Technology

Trading on

LSE

Industry

Software & Programming

CEO

Sam Mudd

Employees

930

Headquarters

Leatherhead, United Kingdom

BYIT Metrics

BasicAdvanced
£1.28B
Market cap
30.06
P/E ratio
£0.18
EPS
-
Beta
£0.08
Dividend rate
1.46%
Dividend yield

What the Analysts think about BYIT

Analyst Ratings

Majority rating from 8 analysts.
Buy

Price Targets

Average projection from 7 analysts.
21.48% upside
High £8.00
Low £5.75
£5.40
Current price
£6.56
Average price target

BYIT Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
23.29% profit margin
QuarterlyAnnual
Q2 24
QoQ growth
Revenue
£108.6M
19.6%
Net income
£25.3M
35.29%
Profit margin
23.29%
13.11%

BYIT Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 18.16%
QuarterlyAnnual
Q1 23
Q3 24
Q1 24
Actual
£0.08
£0.12
-
Expected
£0.08
£0.10
£0.09
Surprise
8.45%
18.16%
-
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 ICE Data Services and LSEG. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

Buy or sell Bytes Technology  stock

Buy or sell Bytes Technology stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing