Bytes Technology Group Plc ( (GB:BYIT) ) has issued an update.
Bytes Technology Group plc reported strong financial performance for the fiscal year ending February 2025, with double-digit growth in key metrics like gross invoiced income, which surpassed £2 billion for the first time. The company attributes its success to its robust business model, strategic vendor partnerships, and high demand for software, AI, and IT services from corporate and public sector clients. The integration of the new Microsoft incentive plan also positions BTG to capitalize on future growth opportunities.
More about Bytes Technology Group Plc
Bytes Technology Group plc is a leading provider of IT software solutions in the UK and Ireland, focusing on AI, cloud, and security products. The company facilitates effective technology sourcing and management for a diverse non-consumer customer base and is listed on both the London and Johannesburg Stock Exchanges.
YTD Price Performance: -1.94%
Average Trading Volume: 545,182
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1B
See more data about BYIT stock on TipRanks’ Stock Analysis page.