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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 | £172.41M | 15.47 | 104.98% | 6.59% | -4.35% | 5.34% | |
76 Outperform | £827.63M | 15.82 | 68.93% | 5.74% | 7.83% | 2.36% | |
70 Outperform | £617.51M | 58.67 | 9.64% | ― | 22.19% | 78.35% | |
68 Neutral | ― | ― | 1.92% | 1.26% | 2.34% | -45.30% | |
65 Neutral | £300.54M | 18.79 | 16.31% | 20.23% | 1.58% | -57.55% | |
64 Neutral | £163.01M | 53.29 | 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 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Bytes Technology Group PLC announced the purchase of 100,000 of its own ordinary shares as part of a previously announced Share Buyback Programme. The shares were bought at an average price of 400.60 GBP each and will be cancelled, reducing the total number of shares in issue to 239,280,186. This move is likely aimed at consolidating the company’s share capital, potentially enhancing shareholder value.
Bytes Technology Group Plc announced the repurchase of 100,000 of its ordinary shares as part of its Share Buyback Programme. The shares were bought at an average price of 400.60 GBP per share and will be cancelled, reducing the total number of shares in issue to 239,380,186. This move is likely aimed at enhancing shareholder value by reducing the number of shares outstanding.
Bytes Technology Group Plc announced the purchase and subsequent cancellation of 100,000 of its ordinary shares as part of its ongoing Share Buyback Programme. This move will reduce the total number of shares in circulation to 239,480,186, potentially enhancing shareholder value and reflecting the company’s confidence in its market position.
Bytes Technology Group Plc announced the purchase of 100,000 of its ordinary shares as part of its Share Buyback Programme. The shares were bought at a volume weighted average price of 401.23 GBP per share and will be cancelled, reducing the total number of shares in issue to 239,580,186. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
Bytes Technology Group Plc has announced the purchase of 100,000 of its ordinary shares as part of its Share Buyback Programme. The shares were bought at a volume-weighted average price of 397.0826 GBP per share. This move is expected to reduce the total number of shares in circulation, potentially increasing the value of remaining shares and reflecting the company’s confidence in its financial health.
Bytes Technology Group Plc has executed a share buyback, purchasing 98,775 of its ordinary shares at an average price of 396.3693 GBP per share. This move is part of the company’s previously announced Share Buyback Programme, and all purchased shares are intended to be canceled, reducing the total number of shares in issue to 239,853,511. This strategic action could potentially enhance shareholder value by reducing the number of shares outstanding, thereby increasing earnings per share.
Bytes Technology Group Plc announced the repurchase of 125,000 of its ordinary shares as part of a previously announced Share Buyback Programme. This move is expected to reduce the total number of shares in circulation, potentially increasing the value of remaining shares and indicating a strategic effort to enhance shareholder value.
Bytes Technology Group Plc has announced an update on its share capital following a share repurchase program. The company’s issued share capital now consists of 239,952,286 ordinary voting shares, which shareholders can use as a reference for any changes in their shareholding interests. This update is significant for stakeholders as it affects voting rights and shareholding calculations.
Bytes Technology Group Plc announced the purchase of 100,000 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 240,071,886, which could potentially enhance shareholder value by increasing earnings per share.
Bytes Technology Group Plc has executed a share buyback, purchasing 100,000 of its ordinary shares at an average price of 393.1828 GBP per share. This transaction is part of a previously announced Share Buyback Programme, and the company plans to cancel these shares, reducing its total number of shares in issue to 240,171,886. This move is likely aimed at enhancing shareholder value by reducing the number of shares outstanding, potentially increasing earnings per share.
Bytes Technology Group Plc announced the purchase of 92,000 of its ordinary shares as part of its Share Buyback Programme. The shares were acquired at a volume-weighted average price of 396.44 GBP per share, with the intention to cancel them, reducing the total number of shares in issue to 240,265,354. This move is likely to impact the company’s share value and market positioning by potentially increasing shareholder value and consolidating ownership.
Bytes Technology Group Plc announced the repurchase of 100,000 of its ordinary shares as part of its Share Buyback Programme. The shares were bought at a volume-weighted average price of 394.7741 GBP per share and will be canceled, reducing the company’s total number of shares in issue to 240,357,354. This move is likely to impact the company’s market positioning by potentially increasing shareholder value and optimizing its capital structure.
Bytes Technology Group Plc announced the purchase of 100,000 of its ordinary shares as part of its Share Buyback Programme. This move is intended to reduce the number of shares in circulation, potentially increasing the value of remaining shares and demonstrating confidence in the company’s financial health.
Bytes Technology Group Plc has executed a share buyback transaction, purchasing 100,000 of its ordinary shares at a volume-weighted average price of 394.7213 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 240,557,354. This action may enhance shareholder value by reducing share dilution and potentially increasing earnings per share.
Bytes Technology Group Plc announced the purchase of 125,000 of its ordinary shares as part of its Share Buyback Programme. The shares were bought at an average price of 395.0125 GBP per share and will be canceled, reducing the company’s total number of shares in issue to 240,651,713. This move is likely to impact the company’s share value and voting rights, reflecting a strategic decision to optimize capital structure.
Bytes Technology Group Plc has executed a share buyback program, purchasing 125,000 of its ordinary shares at an average price of 407.2301 GBP per share. This move is part of the company’s strategy to enhance shareholder value by reducing the number of shares in circulation, thus potentially increasing earnings per share and market confidence.
Bytes Technology Group Plc has executed a share buyback program, purchasing 125,000 of its own shares on the London Stock Exchange at an average price of 409.7672 GBP per share. This move is part of a previously announced buyback program and aims to cancel the repurchased shares, reducing the total number of shares in issue to 240,901,713, which could potentially enhance shareholder value by increasing earnings per share.
Bytes Technology Group plc reported a resilient performance for the first half of the fiscal year, with gross invoiced income expected to reach approximately £1.33 billion and operating profit not less than £33 million. The company maintained a net cash position of around £82 million after dividend payments and share repurchases. BTG’s CEO, Sam Mudd, expressed confidence in the company’s growth strategy, highlighting strong market demand for cloud computing, cybersecurity, and AI services, which positions the company well for continued momentum into the second half of the year.
Bytes Technology Group Plc has executed a share buyback, purchasing 125,000 of its ordinary shares on the London Stock Exchange as part of its previously announced Buyback Programme. This move will result in the cancellation of the purchased shares, reducing the total number of shares in issue to 241,026,713, which may enhance shareholder value by increasing earnings per share and potentially improving market perception.
Bytes Technology Group Plc announced the purchase of 125,000 of its ordinary shares as part of a share buyback program. This move is aimed at reducing the number of shares in circulation, potentially increasing the value of remaining shares and demonstrating confidence in the company’s financial health.
Bytes Technology Group Plc has executed a share buyback program, purchasing 100,000 of its ordinary shares on the London Stock Exchange at an average price of 416.4291 GBP per share. The company plans to cancel these shares, reducing its total number of ordinary shares in issue to 241,276,713, which may impact its market capitalization and shareholder value.
Bytes Technology Group Plc announced the purchase of 125,000 of its ordinary shares on the London Stock Exchange as part of its Share Buyback Programme. The company intends to cancel these shares, reducing its total number of shares in issue to 241,354,267, which may impact its market positioning and shareholder value.
Bytes Technology Group Plc announced the purchase of 100,000 of its ordinary shares 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 241,505,587, which may enhance shareholder value and reflect confidence in the company’s financial health.