Top Page
Bytes Technology Group Plc
(LSE:BYIT)
Bytes Technology Group Plc (BYIT) vs. iShares MSCI United Kingdom ETF (EWC)
Bytes Technology Group Plc Business Overview & Revenue Model
Bytes Technology Group Plc Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 219.74M | 217.13M | 207.02M | 184.42M | 145.84M | 393.57M |
| Gross Profit | 163.54M | 163.25M | 145.78M | 149.39M | 123.31M | 86.89M |
| EBITDA | 65.56M | 77.55M | 64.20M | 53.33M | 44.74M | 29.54M |
| Net Income | 53.42M | 54.84M | 46.85M | 40.42M | 32.85M | 19.93M |
Balance Sheet | ||||||
| Total Assets | 419.94M | 455.23M | 379.72M | 320.77M | 283.57M | 189.55M |
| Cash, Cash Equivalents and Short-Term Investments | 82.30M | 113.08M | 88.84M | 73.02M | 67.12M | 20.73M |
| Total Debt | 1.93M | 1.94M | 1.74M | 992.00K | 1.18M | 1.38M |
| Total Liabilities | 342.52M | 357.19M | 301.38M | 259.27M | 236.00M | 172.81M |
| Stockholders Equity | 77.42M | 98.04M | 78.34M | 61.50M | 47.57M | 16.75M |
Cash Flow | ||||||
| Free Cash Flow | 59.81M | 64.90M | 55.67M | 36.79M | 51.43M | 30.62M |
| Operating Cash Flow | 66.81M | 74.97M | 57.01M | 38.15M | 52.05M | 31.22M |
| Investing Cash Flow | -11.40M | -10.07M | -4.36M | -1.36M | -617.00K | -17.28M |
| Financing Cash Flow | -44.62M | -40.66M | -36.83M | -30.89M | -5.05M | -40.56M |
Bytes Technology Group Plc Technical Analysis
Bytes Technology Group Plc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | £170.93M | 15.33 | 104.98% | 7.02% | -4.35% | 5.34% | |
76 Outperform | £821.06M | 15.70 | 68.93% | 5.54% | 7.83% | 2.36% | |
70 Outperform | £668.51M | 65.03 | 9.64% | ― | 22.19% | 78.35% | |
65 Neutral | £290.43M | 18.32 | 16.31% | 20.30% | 1.58% | -57.55% | |
64 Neutral | £149.56M | 50.79 | 7.35% | ― | 26.09% | 32.43% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
Bytes Technology Group Plc Corporate Events
Bytes Technology Group plc has confirmed that its issued share capital consists of 236,344,134 ordinary voting shares of £0.01 each, with no shares held in treasury, resulting in an equal number of voting rights. This updated share capital and voting rights figure provides the reference denominator for investors to assess and report any notifiable holdings or changes in their interests in accordance with UK disclosure and transparency rules, reinforcing regulatory clarity for shareholders across its London and Johannesburg listings.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £394.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc announced the repurchase of 107,215 of its ordinary shares as part of its Share Buyback Programme. This transaction, executed on the London Stock Exchange, is part of the company’s strategy to manage its capital structure and enhance shareholder value by reducing the number of shares in circulation.
The most recent analyst rating on (GB:BYIT) stock is a Hold with a £386.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc has executed a share buyback transaction, purchasing 115,000 of its ordinary shares at an average price of 346.74 GBP per share. This move, part of a previously announced Buyback Programme, will result in the cancellation of the acquired shares, reducing the total number of shares in issue to 236,433,629, which may impact shareholder value and market perception.
The most recent analyst rating on (GB:BYIT) stock is a Hold with a £386.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc announced the purchase of 115,000 of its own ordinary shares as part of its Share Buyback Programme. The shares were bought at a volume-weighted average price of 347.77 GBP per share and will be cancelled, reducing the total number of shares in issue to 236,548,629. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:BYIT) stock is a Hold with a £386.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc has executed a share buyback transaction, purchasing 115,000 of its ordinary shares at an average price of 348.52 GBP per share. This move, part of a previously announced buyback program, will result in the cancellation of these shares, reducing the total number of shares in issue to 236,663,629. The buyback is expected to impact the company’s capital structure by decreasing the number of shares available in the market, potentially enhancing shareholder value.
The most recent analyst rating on (GB:BYIT) stock is a Hold with a £386.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc announced the purchase of 115,000 of its own ordinary shares as part of its Share Buyback Programme. The shares were bought at a volume-weighted average price of 353.92 GBP per share and will be canceled, reducing the total number of shares in issue to 236,778,629. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:BYIT) stock is a Hold with a £386.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc has executed a share buyback, purchasing 75,000 of its ordinary shares at an average price of 354.53 GBP per share. This move, part of a previously announced Buyback Programme, aims to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing the value of remaining shares.
The most recent analyst rating on (GB:BYIT) stock is a Hold with a £386.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group PLC has executed a share buyback program, purchasing 110,230 of its ordinary shares on the London Stock Exchange. The company intends to cancel these shares, which will adjust its total number of shares in issue to 236,968,629, potentially impacting its market valuation and shareholder value.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £415.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc announced the repurchase of 110,200 of its ordinary shares as part of its Share Buyback Programme. The repurchased shares will be canceled, reducing the total number of shares in issue to 237,078,859, which may impact the company’s market positioning and shareholder value.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £415.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc announced the repurchase of 110,500 of its ordinary shares on the London Stock Exchange as part of its Share Buyback Programme. The company intends to cancel these shares, which will reduce the total number of shares in issue to 237,189,059, potentially impacting its market value and shareholder equity.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £415.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc has executed a share buyback, purchasing 107,500 of its ordinary shares at an average price of 359.69 GBP per share. This move is part of a previously announced Buyback Programme, aiming to reduce the total number of shares in circulation, thereby potentially increasing the value of remaining shares and enhancing shareholder value.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £415.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc announced the repurchase of 110,700 of its ordinary shares as part of its Share Buyback Programme. This transaction, executed on the London Stock Exchange, aims to cancel the purchased shares, thereby reducing the total number of shares in issue to 237,407,059, which may impact the company’s market positioning and shareholder value.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £415.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc announced the repurchase of 108,400 of its ordinary shares as part of its Share Buyback Programme. The company plans to cancel these shares, which will adjust its total number of shares in issue to 237,517,759, potentially impacting its market positioning and shareholder value.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £415.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc announced the currency exchange rate for its interim dividend, with South African shareholders receiving a ZAR cash equivalent of 72.59213 cents per share. This announcement follows the company’s earlier declaration of an interim dividend of 3.2 pence per ordinary share for the six months ended 31 August 2025.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £415.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc announced the repurchase of 107,900 of its ordinary shares as part of its Share Buyback Programme. This transaction, conducted on the London Stock Exchange, is aimed at reducing the number of shares in circulation, potentially increasing shareholder value by cancelling the repurchased shares, which will result in a new total of 237,623,207 ordinary shares in issue.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £415.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc announced an update on its share capital following a share repurchase program. The company’s issued share capital now comprises 237,623,207 ordinary voting shares, with no shares held in treasury. This update is significant for shareholders as it affects the calculation of their interests under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £415.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc announced the purchase of 107,500 of its own ordinary shares as part of a previously announced share buyback program. The shares were acquired at an average price of 371.59 GBP and will be canceled, reducing the total number of shares in issue to 237,731,107. This move is part of the company’s strategy to enhance shareholder value by reducing the number of shares outstanding.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £415.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc has executed a share buyback program, purchasing 108,000 of its own shares at an average price of 370.55 GBP per share. This move is part of a strategic initiative to optimize the company’s capital structure by reducing the number of shares in circulation, potentially enhancing shareholder value.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £415.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc announced the purchase of 107,750 of its ordinary shares on the London Stock Exchange as part of its Share Buyback Programme. This move is intended to cancel the purchased shares, reducing the total number of shares in issue to 237,939,716, which may impact the company’s stock value and shareholder equity.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £415.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc announced the purchase of 107,000 of its ordinary shares as part of its Share Buyback Programme. This move, conducted through Peel Hunt LLP, is intended to reduce the number of shares in circulation, potentially enhancing shareholder value by increasing the ownership percentage of remaining shares.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £415.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group PLC announced the purchase of 107,000 of its own shares as part of a previously announced Share Buyback Programme. The shares were bought at an average price of 373.69 GBP per share and will be cancelled, reducing the total number of shares in issue to 238,154,466. This move is likely aimed at optimizing the company’s capital structure and could have implications for shareholder value.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £415.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc announced the repurchase of 105,000 of its ordinary shares on the London Stock Exchange as part of its previously announced Share Buyback Programme. This move is set to reduce the total number of shares in issue to 238,261,466, potentially enhancing shareholder value by increasing earnings per share and demonstrating confidence in the company’s financial health.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £415.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc has executed a share buyback transaction, purchasing 108,709 of its ordinary shares at an average price of 367.94 GBP per share. This move is part of a previously announced buyback program and will result in the cancellation of the purchased shares, reducing the total number of shares in issue to 238,366,466. This strategic action is likely aimed at enhancing shareholder value by reducing the number of shares outstanding, which can potentially increase earnings per share and improve market perception.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £415.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc announced the repurchase of 109,132 of its ordinary shares as part of its Share Buyback Programme. The shares were bought at an average price of 366.53 GBP per share and will be cancelled, reducing the total number of shares in issue to 238,475,175. This move is likely aimed at enhancing shareholder value by reducing the number of shares outstanding, thereby potentially increasing earnings per share.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £415.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc has executed a share buyback, purchasing 109,000 of its ordinary shares at an average price of 362.47 GBP per share. This move, part of a previously announced Buyback Programme, will reduce the total number of shares in circulation, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £415.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc has executed a share buyback transaction, purchasing 80,000 ordinary shares at a volume-weighted average price of 357.69 GBP per share. This move is part of the company’s ongoing Share Buyback Programme, aiming to reduce the number of shares in circulation, potentially enhancing shareholder value and adjusting the company’s capital structure.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £415.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc has executed a share buyback, purchasing 109,000 of its ordinary shares at a price of 368.80 GBP per share. This action is part of a previously announced Buyback Programme, and the company plans to cancel the repurchased shares, which will adjust its total number of shares and voting rights to 238,770,007. This move is likely aimed at optimizing the company’s capital structure and could have implications for shareholder value.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £415.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc has executed a share buyback, purchasing 107,000 of its ordinary shares at an average price of 374.59 GBP per share. This move, part of a previously announced Buyback Programme, will result in the cancellation of these shares, reducing the total number of shares in issue to 238,879,007, potentially enhancing shareholder value by decreasing the supply of shares.
The most recent analyst rating on (GB:BYIT) stock is a Hold with a £390.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc announced that Shruthi Chindalur, a Non-Executive Director of the company, has been appointed to a similar role at Pinewood Technologies Group Plc. This appointment, effective from October 14, 2025, includes her joining the Nomination Committee at Pinewood Technologies, potentially strengthening inter-company relations and enhancing governance expertise within the industry.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £380.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc announced the purchase of 95,000 of its ordinary shares at a price of 412.80 GBP per share as part of its Share Buyback Programme. This move is intended to cancel the purchased shares, reducing the total number of shares in issue to 239,090,507. This transaction reflects the company’s strategic decision to manage its share capital and potentially enhance shareholder value.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £447.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group reported a 9.1% increase in gross invoiced income and a 0.4% rise in gross profit for the first half of fiscal year 2026, despite a 7% decrease in operating profit. The company has successfully adapted to a new corporate sales structure and changes in Microsoft’s partner incentives, maintaining high customer retention and expanding its client base. With a strong balance sheet and strategic focus on cloud computing, cybersecurity, and AI, BTG remains confident in meeting market expectations for the full year.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £447.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group plc reported a 9.1% increase in gross invoiced income for the first half of FY26, driven by strong growth in services and a resilient performance amidst economic challenges. Despite a 7% drop in operating profit due to increased costs, the company maintained a strong balance sheet and high customer retention. BTG’s strategic focus on expanding its cloud and security offerings, alongside adapting to changes in Microsoft’s partner incentives, positions it well for future growth in the cloud computing, cybersecurity, and AI markets.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £447.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Bytes Technology Group Plc has executed a share buyback program, purchasing 100,000 of its ordinary shares at an average price of 414.57 GBP per share. The company plans to cancel these shares, which will reduce the total number of shares in issue to 239,185,507, potentially enhancing shareholder value and impacting its market positioning.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £447.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.