Bytes Technology Group plc (BYIT.L)
Bytes helps businesses navigate the maze of corporate software and cloud tech without getting lost.
Is Bytes Technology Group plc a good stock for a UK beginner?
The honest version: Bytes helps businesses navigate the maze of corporate software and cloud tech without getting lost.
Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. Past performance is not a guide to the future, and it could just as easily have fallen.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
market share gains in complex IT consultancy
increased competition squeezing reseller margins
What does Bytes Technology Group plc do?
Picture an IT manager drowning in software licenses, cloud storage renewals, and cybersecurity updates; Bytes is the trusted guide that sorts all that out for them. They make their money by reselling software and providing expert IT services, pocketing a slice of the action. The crucial thing to keep an eye on here is whether they can keep growing their sales, as recent top-line growth has been rather sluggish.
On our factor screen it looks strongest on quality and momentum, and weakest on value.
- ✓Pays a dividend - about 2.5% a year
- ✓Very profitable - turns about 23% of sales into profit
- ✓Low debt - a sturdier balance sheet
- ✓Strong return on shareholder money (ROE 57%)
- Quality screens high (88/100)
- Exceptionally high return on equity
- Healthy gross margins highlighting strong underlying economics
- Established player in the UK tech reseller space
- Value screens low (24/100)
- Growth screens low (28/100)
- Dependence on major software vendors and their partnership terms
- General economic slowdown causing corporate clients to delay IT spending
- Intense competition in IT services and software licensing
What do Bytes Technology Group plc's numbers mean?
Does Bytes Technology Group plc pay a dividend?
Yes - Bytes Technology Group plc currently pays a dividend of about 2.5% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.
When does Bytes Technology Group plc report earnings, and how did recent quarters go?
Bytes Technology Group plc is next scheduled to report on about 2026-10-14 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
More in Technology
Micron Technology
Western Digital
NVIDIA
Gen Digital
Dell Technologies
Teradyne
Fidelity National Information Services
Hewlett Packard EnterpriseWhat are the scenarios for Bytes Technology Group plc?
An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.
What are the pros and cons of Bytes Technology Group plc?
How many points the write-up makes each way — a balance check, not a score or verdict.
- Exceptionally high return on equity: How much profit the company makes for each £1 shareholders have put in. Higher usually means a more efficient business.
- Healthy gross margins highlighting strong underlying economics
- Established player in the UK tech reseller space
- Modest share price volatility compared to the wider market
- Recent revenue growth: How fast the company's sales grew versus a year ago. has flattened out
- Earnings have seen a slight year-on-year dip
- High price-to-book: The share price versus the company's net assets per share (its book value). Under 1 can look cheap, though it varies a lot by industry. ratio implies a hefty valuation for physical assets
- Dependence on major software vendors and their partnership terms
- General economic slowdown causing corporate clients to delay IT spending
- Intense competition in IT services and software licensing
The write-up's own warning lights — if these start happening, the case above changes.
- A sustained return to double-digit revenue and earnings growth
- A sharp, unexpected drop in major software renewal rates
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.