Added to YB: 2025-07-07
Pitch date: 2025-07-03
BYIT.L [neutral]
Bytes Technology Group plc
+5.24%
current return
Author Info
No bio for this author
Company Info
Bytes Technology Group plc offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally.
Market Cap
GBP 828.8M
Pitch Price
GBP 3.30
Price Target
N/A
Dividend
5.85%
EV/EBITDA
10.42
P/E
15.56
EV/Sales
3.30
Sector
Software
Category
turnaround
Bytes -31%: What’s Happening?
BYIT.L (more research needed): Bytes Tech facing headwinds w/ flat H1 gross profit & slightly lower op profit due to macro uncertainty, deferred purchases & Microsoft incentive changes. Corp sales reorganization taking longer than expected. Still investing in sales teams despite caution elsewhere. 23.96 P/E, 12.51 P/B, 5.85% dividend yield.
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