Bytes Technology Group（BYI）株式概要Bytes Technology Group plcは、ソフトウェア、ITセキュリティ、ハードウェア、クラウドサービスを、英国、その他のヨーロッパ諸国、および国際的に提供している。 詳細BYI ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長2/6過去の実績3/6財務の健全性6/6配当金2/6報酬当社が推定した公正価値より1.5%で取引されている 収益は年間8.01%増加すると予測されています リスク分析リスクチェックの結果、BYI 、リスクは検出されなかった。すべてのリスクチェックを見るBYI Community Fair Values Create NarrativeSee what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueRCurrent PriceR78.1530.6% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0394m2016201920222025202620282031Revenue UK£324.2mEarnings UK£75.4mAdvancedSet Fair ValueView all narrativesBytes Technology Group plc 競合他社AltronSymbol: JSE:AELMarket cap: R10.4bTeamViewerSymbol: XTRA:TMVMarket cap: €877.0mIntellect Design ArenaSymbol: NSEI:INTELLECTMarket cap: ₹103.9bSprinklrSymbol: NYSE:CXMMarket cap: US$1.3b価格と性能株価の高値、安値、推移の概要Bytes Technology Group過去の株価現在の株価UK£78.1552週高値UK£127.6152週安値UK£56.68ベータ0.721ヶ月の変化4.90%3ヶ月変化14.94%1年変化-38.47%3年間の変化-47.73%5年間の変化-10.40%IPOからの変化14.49%最新ニュースNew Risk • May 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.お知らせ • May 14Bytes Technology Group plc Announces Standing Down of Andrew Holden as Chief Financial OfficerBytes Technology Group plc announced that, following an assessment of the roles required to support the Company's next phase of growth, the Board decided to split the currently combined roles of Chief Financial Officer and Chief Operating Officer, held by Andrew Holden. As part of this change, Andrew Holden will be standing down as Chief Financial Officer once a suitable replacement has been appointed, at which date he will step down from the Board. Thereafter, he will remain with the Company and transition into the role of Chief Operating Officer.Declared Dividend • May 14Final dividend of UK£0.07 announcedShareholders will receive a dividend of UK£0.07. Ex-date: 15th July 2026 Payment date: 31st July 2026 Dividend yield will be 1.0%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 21% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 13+ 1 more updateBytes Technology Group plc (LSE:BYIT) announces an Equity Buyback for £25 million worth of its shares.Bytes Technology Group plc (LSE:BYIT) announces a share repurchase program. Under the program, the company will repurchase up to £25 million worth of its ordinary shares. The purpose of the program is to reduce BTG's share capital, and the company intends to cancel all ordinary shares purchased under the program. The program is expected to be completed within the first half of FY27.Reported Earnings • May 13Full year 2026 earnings released: EPS: UK£0.21 (vs UK£0.23 in FY 2025)Full year 2026 results: EPS: UK£0.21 (down from UK£0.23 in FY 2025). Revenue: UK£220.6m (up 1.6% from FY 2025). Net income: UK£51.3m (down 6.5% from FY 2025). Profit margin: 23% (down from 25% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.お知らせ • May 12Bytes Technology Group plc, Annual General Meeting, Jul 09, 2026Bytes Technology Group plc, Annual General Meeting, Jul 09, 2026.最新情報をもっと見るRecent updatesNew Risk • May 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.お知らせ • May 14Bytes Technology Group plc Announces Standing Down of Andrew Holden as Chief Financial OfficerBytes Technology Group plc announced that, following an assessment of the roles required to support the Company's next phase of growth, the Board decided to split the currently combined roles of Chief Financial Officer and Chief Operating Officer, held by Andrew Holden. As part of this change, Andrew Holden will be standing down as Chief Financial Officer once a suitable replacement has been appointed, at which date he will step down from the Board. Thereafter, he will remain with the Company and transition into the role of Chief Operating Officer.Declared Dividend • May 14Final dividend of UK£0.07 announcedShareholders will receive a dividend of UK£0.07. Ex-date: 15th July 2026 Payment date: 31st July 2026 Dividend yield will be 1.0%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 21% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 13+ 1 more updateBytes Technology Group plc (LSE:BYIT) announces an Equity Buyback for £25 million worth of its shares.Bytes Technology Group plc (LSE:BYIT) announces a share repurchase program. Under the program, the company will repurchase up to £25 million worth of its ordinary shares. The purpose of the program is to reduce BTG's share capital, and the company intends to cancel all ordinary shares purchased under the program. The program is expected to be completed within the first half of FY27.Reported Earnings • May 13Full year 2026 earnings released: EPS: UK£0.21 (vs UK£0.23 in FY 2025)Full year 2026 results: EPS: UK£0.21 (down from UK£0.23 in FY 2025). Revenue: UK£220.6m (up 1.6% from FY 2025). Net income: UK£51.3m (down 6.5% from FY 2025). Profit margin: 23% (down from 25% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.お知らせ • May 12Bytes Technology Group plc, Annual General Meeting, Jul 09, 2026Bytes Technology Group plc, Annual General Meeting, Jul 09, 2026.Buy Or Sell Opportunity • Mar 24Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 29% to R58.50. The fair value is estimated to be R75.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 5.2% in the next 2 years.お知らせ • Mar 24Bytes Technology Group plc Provides Earnings Guidance for the Year 2027Bytes Technology Group plc provided earnings guidance for the year 2027. For the period, the company expects operating profit broadly flat as the Group absorbs c.£4.5m of cost normalisation, reflecting higher technology costs following the completion of strategic projects and a return to normal bonus levels, on top of continued headcount investment for growth.お知らせ • Mar 20Bytes Technology Group plc to Report Fiscal Year 2026 Results on May 12, 2026Bytes Technology Group plc announced that they will report fiscal year 2026 results on May 12, 2026Buy Or Sell Opportunity • Feb 23Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to R63.59. The fair value is estimated to be R80.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 9.4% in the next 2 years.Buy Or Sell Opportunity • Feb 06Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 22% to R65.01. The fair value is estimated to be R83.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 9.5% in the next 2 years.Declared Dividend • Oct 16First half dividend of UK£0.032 announcedShareholders will receive a dividend of UK£0.032. Ex-date: 5th November 2025 Payment date: 21st November 2025 Dividend yield will be 4.9%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by both earnings (46% earnings payout ratio) and cash flows (87% cash payout ratio). The dividend has increased by an average of 50% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Oct 14First half 2026 earnings released: EPS: UK£0.12 (vs UK£0.13 in 1H 2025)First half 2026 results: EPS: UK£0.12 (down from UK£0.13 in 1H 2025). Revenue: UK£108.1m (up 2.5% from 1H 2025). Net income: UK£29.0m (down 4.7% from 1H 2025). Profit margin: 27% (down from 29% in 1H 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 14Bytes Technology Group plc Announces Interim Dividend for First Half Ended 31 August 2025, Payable on 21 November 2025Bytes Technology Group plc announced Interim dividend of 3.2 pence per share, increased by 3.2% from last year's interim dividend, for first half year of fiscal year 2026 ended 31 August 2025 (H1 FY25: 3.1 pence per share). The aggregate amount of the proposed dividend expected to be paid on 21 November 2025 out of retained earnings at 31 August 2025, but not recognised as a liability at the end of the half year, is £7.6 million. Record date is 7 November 2025. Commence trading ex-dividend (SA register) is 5 November 2025. Commence trading ex-dividend (UK register) is 6 November 2025.お知らせ • Sep 18Bytes Technology Group plc Provides Earnings Guidance for the Half Year Ended 31 August 2025Bytes Technology Group plc provided earnings guidance for the half year ended 31 August 2025. For the period, company expects Operating Profit to be not less than £33 million.Recent Insider Transactions • Aug 21CEO & Executive Director recently bought R2.4m worth of stockOn the 18th of August, Sam Mudd bought around 25k shares on-market at roughly R93.46 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Sam's only on-market trade for the last 12 months.お知らせ • Jul 07+ 1 more updateBytes Technology Group plc Approves Special Dividend, Payable on 25 July 2025Bytes Technology Group plc as approved by shareholders at the Company's Annual General Meeting on 2 July 2025, the special dividend will be payable on 25 July 2025 to all ordinary shareholders who are registered as such at the close of business on the record date, 11 July 2025. Shareholders on the South African register will be paid the ZAR cash equivalent as follows: Special dividend of 241.48190 cents per share (193.18552 cents per share net of dividend withholding tax).New Risk • Jul 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 9.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.6% average weekly change).Upcoming Dividend • Jul 02Upcoming dividend of UK£0.17 per shareEligible shareholders must have bought the stock before 09 July 2025. Payment date: 25 July 2025. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of South African dividend payers (8.3%). Higher than average of industry peers (0.7%).Valuation Update With 7 Day Price Move • Jul 02Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to R86.00, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 25x in the Software industry globally. Total returns to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at R70.88 per share.お知らせ • May 29Bytes Technology Group plc, Annual General Meeting, Jul 02, 2025Bytes Technology Group plc, Annual General Meeting, Jul 02, 2025. Location: bytes house, randalls way, leatherhead kt22 7tw United KingdomBuy Or Sell Opportunity • May 28Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 25% to R127. The fair value is estimated to be R105, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 8.1% per annum over the same time period.Declared Dividend • May 15Final dividend of UK£0.17 announcedShareholders will receive a dividend of UK£0.17. Ex-date: 9th July 2025 Payment date: 25th July 2025 Dividend yield will be 0.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 50% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 14Full year 2025 earnings released: EPS: UK£0.23 (vs UK£0.20 in FY 2024)Full year 2025 results: EPS: UK£0.23 (up from UK£0.20 in FY 2024). Revenue: UK£217.1m (up 4.9% from FY 2024). Net income: UK£54.8m (up 17% from FY 2024). Profit margin: 25% (up from 23% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 14% per year.お知らせ • May 13Bytes Technology Group plc Proposes Final Dividend for Year Ended 28 February, 2025, Payable on 25 July 2025The Board of Bytes Technology Group plc proposed a gross final dividend of 6.9 pence per share for year ended 28 February, 2025, subject to shareholder approval. The aggregate amount of the proposed dividend expected to be paid out of retained earnings at 28 February 2025, but not recognised as a liability at the end of the financial year, equates to £16.6 million. Ex dividend date (SA register) is 9 July, 2025. Ex dividend date (UK register) is 10 July, 2025. Record date is 11 July 2025. Payment date is 25 July 2025.お知らせ • Apr 23Bytes Technology Group plc to Report Fiscal Year 2025 Results on May 13, 2025Bytes Technology Group plc announced that they will report fiscal year 2025 results on May 13, 2025Buy Or Sell Opportunity • Apr 16Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 26% to R123. The fair value is estimated to be R102, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 18% in the next 2 years.Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to R116, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 22x in the Software industry globally. Total returns to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at R120 per share.Recent Insider Transactions • Jan 23Independent Non-Executive Director recently bought R729k worth of stockOn the 20th of January, Ross Paterson bought around 7k shares on-market at roughly R97.45 per share. This transaction amounted to 90% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought R4.7m more in shares than they have sold in the last 12 months.Buy Or Sell Opportunity • Dec 17Now 21% overvaluedOver the last 90 days, the stock has fallen 7.8% to R101. The fair value is estimated to be R83.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 15% in the next 2 years.Buy Or Sell Opportunity • Nov 22Now 22% overvaluedOver the last 90 days, the stock has fallen 8.5% to R101. The fair value is estimated to be R82.96, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 15% in the next 2 years.Buy Or Sell Opportunity • Nov 01Now 20% overvaluedOver the last 90 days, the stock has fallen 6.9% to R104. The fair value is estimated to be R86.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 16% in the next 2 years.Declared Dividend • Oct 17First half dividend of UK£0.031 announcedShareholders will receive a dividend of UK£0.031. Ex-date: 6th November 2024 Payment date: 22nd November 2024 Dividend yield will be 3.1%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by both earnings (42% earnings payout ratio) and cash flows (70% cash payout ratio). The dividend has increased by an average of 63% per year over the past 3 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Oct 15First half 2025 earnings released: EPS: UK£0.13 (vs UK£0.11 in 1H 2024)First half 2025 results: EPS: UK£0.13 (up from UK£0.11 in 1H 2024). Revenue: UK£105.5m (down 3.0% from 1H 2024). Net income: UK£30.4m (up 20% from 1H 2024). Profit margin: 29% (up from 23% in 1H 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 15Bytes Technology Group PLC Declares an Interim Dividend for the Six Months Ended 31 August 2024, Payable on 22 November 2024Bytes Technology Group PLC declared an interim dividend of 3.1 pence per share, for the six months ended 31 August 2024, representing a 14.8% increase from the previous year's interim dividend of 2.7 pence. The dividend is scheduled to be paid on 22 November 2024 to shareholders on the register at 8 November 2024. Commence trading ex-dividend (SA register) is 6 November 2024. Commence trading ex-dividend (UK register) is 7 November 2024.Buy Or Sell Opportunity • Sep 19Now 24% overvaluedOver the last 90 days, the stock has fallen 8.4% to R120. The fair value is estimated to be R96.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period.お知らせ • Sep 19Bytes Technology Group plc to Report First Half, 2025 Results on Oct 15, 2024Bytes Technology Group plc announced that they will report first half, 2025 results on Oct 15, 2024Buy Or Sell Opportunity • Sep 04Now 20% overvaluedOver the last 90 days, the stock has fallen 18% to R110. The fair value is estimated to be R91.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period.Buy Or Sell Opportunity • Aug 05Now 20% overvaluedOver the last 90 days, the stock has fallen 1.8% to R113. The fair value is estimated to be R94.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 9.5% per annum over the same time period.Recent Insider Transactions • Aug 04CEO & Executive Director recently bought R587k worth of stockOn the 1st of August, Sam Mudd bought around 5k shares on-market at roughly R117 per share. This transaction amounted to 5.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R1.2m. Sam has been a buyer over the last 12 months, purchasing a net total of R2.4m worth in shares.お知らせ • Jul 15+ 1 more updateBytes Technology Group plc Approves Gross Final Dividend, Payable on 2 August 2024Bytes Technology Group plc at its AGM held on July 11, 2024, approved the proposal by the Board of a gross final dividend from retained earnings of 6.0 pence per share. The final dividend will be payable on 2 August 2024 to all ordinary shareholders who are registered as such at the close of business on the record date, 19 July 2024. Shareholders on the South African register will be paid the ZAR cash equivalent as follows: Final dividend of 140.59422 cents per share (112.47538 cents per share net of dividend withholding tax).Upcoming Dividend • Jul 10Upcoming dividend of UK£0.15 per shareEligible shareholders must have bought the stock before 17 July 2024. Payment date: 02 August 2024. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of South African dividend payers (8.8%). Higher than average of industry peers (0.7%).Buy Or Sell Opportunity • Jul 05Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to R131. The fair value is estimated to be R108, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 9.9% per annum over the same time period.Board Change • Jul 01High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Chairman Patrick De Smedt is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Recent Insider Transactions • Jun 23Independent Non-Executive Director recently bought R1.1m worth of stockOn the 20th of June, Ross Paterson bought around 8k shares on-market at roughly R131 per share. This trade did not impact their existing holding. In the last 3 months, there was an even bigger purchase from another insider worth R1.2m. Despite this recent purchase, insiders have collectively sold R21m more in shares than they bought in the last 12 months.お知らせ • Jun 08Bytes Technology Group plc, Annual General Meeting, Jul 11, 2024Bytes Technology Group plc, Annual General Meeting, Jul 11, 2024. Location: bytes house, randalls way, kt22 7tw, leatherhead United KingdomRecent Insider Transactions • Jun 06Phoenix MD recently bought R1.2m worth of stockOn the 3rd of June, Sam Mudd bought around 9k shares on-market at roughly R133 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Sam has been a buyer over the last 12 months, purchasing a net total of R1.8m worth in shares.Declared Dividend • May 26Final dividend of UK£0.15 announcedShareholders will receive a dividend of UK£0.15. Ex-date: 17th July 2024 Payment date: 2nd August 2024 Dividend yield will be 0.5%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 63% per year over the past 3 years. However, payments have been volatile during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 24Full year 2024 earnings released: EPS: UK£0.20 (vs UK£0.17 in FY 2023)Full year 2024 results: EPS: UK£0.20 (up from UK£0.17 in FY 2023). Revenue: UK£207.0m (up 12% from FY 2023). Net income: UK£46.9m (up 16% from FY 2023). Profit margin: 23% (in line with FY 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.お知らせ • May 24+ 1 more updateBytes Technology Group plc Proposes Special Dividend, Payable on August 2, 2024Bytes Technology Group plc proposed a special dividend of 8.7 pence per share. The special dividend has been increased by 16.0%, therefore matching the increase in the full year dividend. If approved by shareholders, the special dividend will be payable on 2 August 2024 to all ordinary shareholders who are registered as such at the close of business on the record date of 19 July 2024. Commence trading ex-dividend (UK register) on 18 July 2024.お知らせ • May 18Bytes Technology Group plc to Report Fiscal Year 2024 Results on May 23, 2024Bytes Technology Group plc announced that they will report fiscal year 2024 results on May 23, 2024お知らせ • May 11+ 1 more updateBytes Technology Group plc Appoints Sam Mudd as CEOThe Board of Bytes Technology Group plc has appointed Sam Mudd as CEO with immediate effect, following a selection process led by Chair, Patrick De Smedt, with support from a leading external search firm. Sam brings over 20 years' experience in leadership positions and has served on the BTG Board as an Executive Director since July 2023, and was appointed interim CEO in February 2024. For the past ten years, Sam has been Managing Director of Phoenix Software Limited ("Phoenix"), acquired by BTG in 2017, where she has overseen an extended period of strong organic growth which has contributed materially to BTG's success. She joined Phoenix in November 2003, having previously held senior roles at WordPerfect, Novell Inc., and Trustmarque Solutions.Buy Or Sell Opportunity • May 10Now 21% overvaluedOver the last 90 days, the stock has fallen 26% to R118. The fair value is estimated to be R97.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 33% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 18% in the next 2 years.Buy Or Sell Opportunity • Apr 12Now 21% overvaluedOver the last 90 days, the stock has fallen 16% to R119. The fair value is estimated to be R98.44, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 33% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 27% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.Board Change • Mar 28High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Chairman Patrick De Smedt is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.お知らせ • Mar 26Bytes Technology Group plc Announces Directorate ChangeBytes Technology Group plc announced that non-executive director Mike Phillips has stepped down from the Board of BTG with immediate effect. Erika Schraner will assume Mike's roles of Senior Independent Director and Audit Committee Chair, the latter on an interim basis while the Board recruits a permanent replacement.Buy Or Sell Opportunity • Feb 23Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 9.2% to R138. The fair value is estimated to be R111, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 33% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.お知らせ • Feb 21Bytes Technology Group plc Announces CEO ChangesBytes Technology Group plc announces that Neil Murphy has tendered his resignation from his position as Chief Executive Officer of BTG, effective 21 February 2024. Board also announced that Sam Mudd, Executive Director of the Company and Managing Director of Phoenix Software Limited, will assume the role of Interim CEO.お知らせ • Jan 31Bytes Technology Group plc Appoints Shruthi Chindalur as Independent Non-Executive Director, Effective from 1 February 2024Bytes Technology Group plc announced the appointment of Shruthi Chindalur as an Independent Non-Executive Director, with effect from 1 February 2024. Shruthi will be a member of the audit, nomination and remuneration committees. Shruthi has more than 20 years' experience across the technology, SaaS and adtech industries. She was most recently an Executive Managing Director at the advertising group Criteo, where she led EMEA and Global Indirect Channels. She has also held a number of senior commercial roles at Oracle and LinkedIn, with responsibility for markets across APAC, EMEA and the Americas. She is currently a Non-Executive Director of Access Group.Recent Insider Transactions • Dec 23Phoenix MD & Executive Director recently bought R639k worth of stockOn the 21st of December, Sam Mudd bought around 5k shares on-market at roughly R139 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth R7.1m. Despite this recent purchase, insiders have collectively sold R128m more in shares than they bought in the last 12 months.お知らせ • Dec 07Bytes Technology Group plc Announces Executive ChangesBytes Technology Group plc announced that as announced on 12 April 2023 and following the conclusion of the AGM, the company confirmed the appointment of Sam Mudd as an Executive Director and that David Maw has stepped down from his role as a Non-Executive Director.Recent Insider Transactions • Nov 29Insider recently sold R26m worth of stockOn the 23rd of November, Jack Watson sold around 200k shares on-market at roughly R130 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of R130m more than they bought in the last 12 months.Upcoming Dividend • Nov 08Upcoming dividend of UK£0.027 per share at 3.0% yieldEligible shareholders must have bought the stock before 15 November 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of South African dividend payers (9.7%). Lower than average of industry peers (4.3%).Reported Earnings • Oct 27First half 2024 earnings released: EPS: UK£0.11 (vs UK£0.091 in 1H 2023)First half 2024 results: EPS: UK£0.11 (up from UK£0.091 in 1H 2023). Revenue: UK£108.7m (up 16% from 1H 2023). Net income: UK£25.4m (up 17% from 1H 2023). Profit margin: 23% (in line with 1H 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Global Software industry.お知らせ • Oct 26Bytes Technology Group plc Declares Gross Interim Dividend for the period 31 August 2023, Payable on 1 December 2023Bytes Technology Group plc declared a gross interim dividend of 2.7 pence per share. The aggregate amount of the interim dividend expected to be paid out of retained earnings at 31 August 2023, but not recognised as a liability at the end of the half year, is £6.5 million. Record date is on 17 November 2023. Payment date is on 1 December 2023. Commence trading ex-dividend (SA register) on 15 November 2023 and Commence trading ex-dividend (UK register) on 16 November 2023.New Risk • Oct 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.お知らせ • Sep 28Bytes Technology Group plc Announces Directorate ChangeBytes Technology Group announces that having served on the Board since the Company's IPO in 2020, Dr. Alison Vincent has indicated that she wishes to retire from her role as independent non-executive director at the conclusion of her three-year term, with effect from 31 October 2023. The Board would like to thank Alison for her substantial contribution to the development and growth of Bytes since joining the Company in 2020. Dr. Erika Schraner, independent non-executive director and member of the Remuneration Committee will take over the role of Chair of the Remuneration Committee, with effect from 1 November 2023. A process to recruit an additional independent non-executive director with relevant experience is underway and a further announcement will be made in due course.お知らせ • Sep 27Bytes Technology Group plc to Report First Half, 2024 Results on Oct 25, 2023Bytes Technology Group plc announced that they will report first half, 2024 results on Oct 25, 2023お知らせ • Jul 13Bytes Technology Group plc Announces Director ChangesBytes Technology Group plc at Annual General Meeting (AGM) held on 12 July 2023, following the conclusion of the AGM, the Company confirms the appointment of Sam Mudd as an Executive Director and that David Maw has stepped down from his role as a Non-Executive Director.Upcoming Dividend • Jul 12Upcoming dividend of R2.99 per share at 3.0% yieldEligible shareholders must have bought the stock before 19 July 2023. Payment date: 04 August 2023. Payout ratio is a comfortable 44% and the cash payout ratio is 83%. Trailing yield: 3.0%. Lower than top quartile of South African dividend payers (10.0%). Lower than average of industry peers (4.0%).お知らせ • Jul 04Bytes Technology Group plc Proposes Special Dividend Payable on 4 August 2023Bytes Technology Group plc proposes special dividend of 7.5 pence per share. If approved by shareholders at the Company's Annual General Meeting on 12 July 2023, the special dividend will be payable on 4 August 2023 to all ordinary shareholders who are registered as such at the close of business on the record date, 21 July 2023.Recent Insider Transactions • Jun 26CEO & Director recently sold R112m worth of stockOn the 22nd of June, Neil Murphy sold around 950k shares on-market at roughly R118 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Neil has been a net seller over the last 12 months, reducing personal holdings by R104m.Valuation Update With 7 Day Price Move • Jun 23Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to R123, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 34x in the Software industry globally. Total returns to shareholders of 55% over the past year. Simply Wall St's valuation model estimates the intrinsic value at R55.09 per share.New Risk • Jun 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.お知らせ • Jun 06Bytes Technology Group plc, Annual General Meeting, Jul 12, 2023Bytes Technology Group plc, Annual General Meeting, Jul 12, 2023, at 13:00 Coordinated Universal Time. Location: 45 Gresham Street London United Kingdomお知らせ • Jun 01Bytes Technology Group plc (LSE:BYIT) acquired 25.1% stakes in Cloud Bridge Technologies Limited.Bytes Technology Group plc (LSE:BYIT) acquired 25.1% stakes in Cloud Bridge Technologies Limited in April 2023. Bytes Technology Group plc (LSE:BYIT) completed the acquisition of 25.1% stakes in Cloud Bridge Technologies Limited in April 2023.Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to R127, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 32x in the Software industry globally. Total returns to shareholders of 50% over the past year. Simply Wall St's valuation model estimates the intrinsic value at R58.42 per share.Reported Earnings • May 24Full year 2023 earnings released: EPS: UK£0.17 (vs UK£0.14 in FY 2022)Full year 2023 results: EPS: UK£0.17 (up from UK£0.14 in FY 2022). Revenue: UK£184.4m (down 59% from FY 2022). Net income: UK£40.4m (up 23% from FY 2022). Profit margin: 22% (up from 7.3% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Global Software industry.お知らせ • May 23+ 1 more updateBytes Technology Group plc Proposes Final Dividend, Payable on 4 August 2023The Board of Bytes Technology Group plc proposed a final dividend of 5.1 pence per share, subject to shareholder approval, will be paid on 4 August 2023 to shareholders on the register at 21 July 2023. Commence trading ex-dividend (SA register) is 19 July 2023.Recent Insider Transactions • Feb 03CEO & Director recently bought R4.2m worth of stockOn the 1st of February, Neil Murphy bought around 51k shares on-market at roughly R83.23 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Neil has been a buyer over the last 12 months, purchasing a net total of R11m worth in shares.Recent Insider Transactions • Jan 10CEO & Director recently bought R3.5m worth of stockOn the 6th of January, Neil Murphy bought around 44k shares on-market at roughly R78.74 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Neil has been a net seller over the last 12 months, reducing personal holdings by R47m.Board Change • Nov 16High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Chairman Patrick De Smedt is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improved over the past weekAfter last week's 18% share price gain to R88.74, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 27x in the Software industry globally. Total loss to shareholders of 19% over the past year. Simply Wall St's valuation model estimates the intrinsic value at R76.94 per share.Upcoming Dividend • Nov 09Upcoming dividend of UK£0.024 per shareEligible shareholders must have bought the stock before 16 November 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 44% but the company is paying out more than the cash it is generating. Trailing yield: 1.7%. Lower than top quartile of South African dividend payers (8.8%). Higher than average of industry peers (1.2%).Reported Earnings • Oct 26First half 2023 earnings released: EPS: UK£0.091 (vs UK£0.077 in 1H 2022)First half 2023 results: EPS: UK£0.091 (up from UK£0.077 in 1H 2022). Revenue: UK£93.5m (up 28% from 1H 2022). Net income: UK£21.7m (up 19% from 1H 2022). Profit margin: 23% (down from 25% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Global Software industry.Recent Insider Transactions • Aug 27Independent Non-Executive Director recently bought R200k worth of stockOn the 24th of August, Alison Vincent bought around 2k shares on-market at roughly R84.13 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold R52m more in shares than they bought in the last 12 months.Upcoming Dividend • Jul 20Upcoming dividend of UK£0.10 per shareEligible shareholders must have bought the stock before 27 July 2022. Payment date: 12 August 2022. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of South African dividend payers (9.2%). Higher than average of industry peers (1.0%).Reported Earnings • May 25Full year 2022 earnings releasedFull year 2022 results: Revenue: UK£447.9m (up 14% from FY 2021). Net income: UK£32.9m (up 65% from FY 2021). Profit margin: 7.3% (up from 5.1% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 15%, compared to a 29% growth forecast for the industry in South Africa.Valuation Update With 7 Day Price Move • May 09Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to R76.50, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 26x in the Software industry globally. Total loss to shareholders of 19% over the past year. Simply Wall St's valuation model estimates the intrinsic value at R45.32 per share.Board Change • Apr 27High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Non-Executive Director David Maw is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improved over the past weekAfter last week's 16% share price gain to R96.00, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 30x in the Software industry globally. Total returns to shareholders of 15% over the past year. Simply Wall St's valuation model estimates the intrinsic value at R47.18 per share.Recent Insider Transactions • Jan 18CEO & Director recently sold R54m worth of stockOn the 14th of January, Neil Murphy sold around 500k shares on-market at roughly R107 per share. This was the largest sale by an insider in the last 3 months. This was Neil's only on-market trade for the last 12 months.株主還元BYIZA SoftwareZA 市場7D-5.8%-3.3%-0.5%1Y-38.5%-0.9%14.1%株主還元を見る業界別リターン: BYI過去 1 年間で-0.9 % の収益を上げたZA Software業界を下回りました。リターン対市場: BYIは、過去 1 年間で14.1 % のリターンを上げたZA市場を下回りました。価格変動Is BYI's price volatile compared to industry and market?BYI volatilityBYI Average Weekly Movement7.0%Software Industry Average Movement7.7%Market Average Movement4.9%10% most volatile stocks in ZA Market11.2%10% least volatile stocks in ZA Market3.1%安定した株価: BYI 、 ZA市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: BYIの 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19821,331Sam Muddwww.bytes.co.ukBytes Technology Group plcは、ソフトウェア、ITセキュリティ、ハードウェア、クラウドサービスを英国、その他のヨーロッパ諸国、および国際的に提供している。サーバー、ラップトップ、その他のデバイス、クラウドベースおよび非クラウドベースの各種ライセンス、サブスクリプションおよびソフトウェア保証製品を販売している。また、外部および内部向けのトレーニングやコンサルティングサービスも提供している。同社はBytes Software ServicesおよびPhoenixブランドで製品とサービスを販売している。中小企業、大企業、公共団体を顧客としている。同社は1982年に設立され、英国のレザーヘッドに本社を置いている。もっと見るBytes Technology Group plc 基礎のまとめBytes Technology Group の収益と売上を時価総額と比較するとどうか。BYI 基礎統計学時価総額R18.58b収益（TTM）R1.12b売上高(TTM)R4.82b16.6xPER（株価収益率3.9xP/SレシオBYI は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計BYI 損益計算書（TTM）収益UK£220.56m売上原価UK£53.25m売上総利益UK£167.31mその他の費用UK£116.03m収益UK£51.28m直近の収益報告Feb 28, 2026次回決算日該当なし一株当たり利益（EPS）0.22グロス・マージン75.86%純利益率23.25%有利子負債／自己資本比率0%BYI の長期的なパフォーマンスは？過去の実績と比較を見る配当金2.8%現在の配当利回り48%配当性向BYI 配当は確実ですか？BYI 配当履歴とベンチマークを見るBYI 、いつまでに購入すれば配当金を受け取れますか？Bytes Technology Group 配当日配当落ち日Jul 15 2026配当支払日Jul 31 2026配当落ちまでの日数32 days配当支払日までの日数48 daysBYI 配当は確実ですか？BYI 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/12 16:34終値2026/06/12 00:00収益2026/02/28年間収益2026/02/28データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Bytes Technology Group plc 9 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。17 アナリスト機関James ZarembaBarclaysBenjamin MayBerenbergAlexander James ShortBerenberg14 その他のアナリストを表示
New Risk • May 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
お知らせ • May 14Bytes Technology Group plc Announces Standing Down of Andrew Holden as Chief Financial OfficerBytes Technology Group plc announced that, following an assessment of the roles required to support the Company's next phase of growth, the Board decided to split the currently combined roles of Chief Financial Officer and Chief Operating Officer, held by Andrew Holden. As part of this change, Andrew Holden will be standing down as Chief Financial Officer once a suitable replacement has been appointed, at which date he will step down from the Board. Thereafter, he will remain with the Company and transition into the role of Chief Operating Officer.
Declared Dividend • May 14Final dividend of UK£0.07 announcedShareholders will receive a dividend of UK£0.07. Ex-date: 15th July 2026 Payment date: 31st July 2026 Dividend yield will be 1.0%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 21% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 13+ 1 more updateBytes Technology Group plc (LSE:BYIT) announces an Equity Buyback for £25 million worth of its shares.Bytes Technology Group plc (LSE:BYIT) announces a share repurchase program. Under the program, the company will repurchase up to £25 million worth of its ordinary shares. The purpose of the program is to reduce BTG's share capital, and the company intends to cancel all ordinary shares purchased under the program. The program is expected to be completed within the first half of FY27.
Reported Earnings • May 13Full year 2026 earnings released: EPS: UK£0.21 (vs UK£0.23 in FY 2025)Full year 2026 results: EPS: UK£0.21 (down from UK£0.23 in FY 2025). Revenue: UK£220.6m (up 1.6% from FY 2025). Net income: UK£51.3m (down 6.5% from FY 2025). Profit margin: 23% (down from 25% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
お知らせ • May 12Bytes Technology Group plc, Annual General Meeting, Jul 09, 2026Bytes Technology Group plc, Annual General Meeting, Jul 09, 2026.
New Risk • May 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
お知らせ • May 14Bytes Technology Group plc Announces Standing Down of Andrew Holden as Chief Financial OfficerBytes Technology Group plc announced that, following an assessment of the roles required to support the Company's next phase of growth, the Board decided to split the currently combined roles of Chief Financial Officer and Chief Operating Officer, held by Andrew Holden. As part of this change, Andrew Holden will be standing down as Chief Financial Officer once a suitable replacement has been appointed, at which date he will step down from the Board. Thereafter, he will remain with the Company and transition into the role of Chief Operating Officer.
Declared Dividend • May 14Final dividend of UK£0.07 announcedShareholders will receive a dividend of UK£0.07. Ex-date: 15th July 2026 Payment date: 31st July 2026 Dividend yield will be 1.0%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 21% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 13+ 1 more updateBytes Technology Group plc (LSE:BYIT) announces an Equity Buyback for £25 million worth of its shares.Bytes Technology Group plc (LSE:BYIT) announces a share repurchase program. Under the program, the company will repurchase up to £25 million worth of its ordinary shares. The purpose of the program is to reduce BTG's share capital, and the company intends to cancel all ordinary shares purchased under the program. The program is expected to be completed within the first half of FY27.
Reported Earnings • May 13Full year 2026 earnings released: EPS: UK£0.21 (vs UK£0.23 in FY 2025)Full year 2026 results: EPS: UK£0.21 (down from UK£0.23 in FY 2025). Revenue: UK£220.6m (up 1.6% from FY 2025). Net income: UK£51.3m (down 6.5% from FY 2025). Profit margin: 23% (down from 25% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
お知らせ • May 12Bytes Technology Group plc, Annual General Meeting, Jul 09, 2026Bytes Technology Group plc, Annual General Meeting, Jul 09, 2026.
Buy Or Sell Opportunity • Mar 24Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 29% to R58.50. The fair value is estimated to be R75.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 5.2% in the next 2 years.
お知らせ • Mar 24Bytes Technology Group plc Provides Earnings Guidance for the Year 2027Bytes Technology Group plc provided earnings guidance for the year 2027. For the period, the company expects operating profit broadly flat as the Group absorbs c.£4.5m of cost normalisation, reflecting higher technology costs following the completion of strategic projects and a return to normal bonus levels, on top of continued headcount investment for growth.
お知らせ • Mar 20Bytes Technology Group plc to Report Fiscal Year 2026 Results on May 12, 2026Bytes Technology Group plc announced that they will report fiscal year 2026 results on May 12, 2026
Buy Or Sell Opportunity • Feb 23Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to R63.59. The fair value is estimated to be R80.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 9.4% in the next 2 years.
Buy Or Sell Opportunity • Feb 06Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 22% to R65.01. The fair value is estimated to be R83.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 9.5% in the next 2 years.
Declared Dividend • Oct 16First half dividend of UK£0.032 announcedShareholders will receive a dividend of UK£0.032. Ex-date: 5th November 2025 Payment date: 21st November 2025 Dividend yield will be 4.9%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by both earnings (46% earnings payout ratio) and cash flows (87% cash payout ratio). The dividend has increased by an average of 50% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Oct 14First half 2026 earnings released: EPS: UK£0.12 (vs UK£0.13 in 1H 2025)First half 2026 results: EPS: UK£0.12 (down from UK£0.13 in 1H 2025). Revenue: UK£108.1m (up 2.5% from 1H 2025). Net income: UK£29.0m (down 4.7% from 1H 2025). Profit margin: 27% (down from 29% in 1H 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 14Bytes Technology Group plc Announces Interim Dividend for First Half Ended 31 August 2025, Payable on 21 November 2025Bytes Technology Group plc announced Interim dividend of 3.2 pence per share, increased by 3.2% from last year's interim dividend, for first half year of fiscal year 2026 ended 31 August 2025 (H1 FY25: 3.1 pence per share). The aggregate amount of the proposed dividend expected to be paid on 21 November 2025 out of retained earnings at 31 August 2025, but not recognised as a liability at the end of the half year, is £7.6 million. Record date is 7 November 2025. Commence trading ex-dividend (SA register) is 5 November 2025. Commence trading ex-dividend (UK register) is 6 November 2025.
お知らせ • Sep 18Bytes Technology Group plc Provides Earnings Guidance for the Half Year Ended 31 August 2025Bytes Technology Group plc provided earnings guidance for the half year ended 31 August 2025. For the period, company expects Operating Profit to be not less than £33 million.
Recent Insider Transactions • Aug 21CEO & Executive Director recently bought R2.4m worth of stockOn the 18th of August, Sam Mudd bought around 25k shares on-market at roughly R93.46 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Sam's only on-market trade for the last 12 months.
お知らせ • Jul 07+ 1 more updateBytes Technology Group plc Approves Special Dividend, Payable on 25 July 2025Bytes Technology Group plc as approved by shareholders at the Company's Annual General Meeting on 2 July 2025, the special dividend will be payable on 25 July 2025 to all ordinary shareholders who are registered as such at the close of business on the record date, 11 July 2025. Shareholders on the South African register will be paid the ZAR cash equivalent as follows: Special dividend of 241.48190 cents per share (193.18552 cents per share net of dividend withholding tax).
New Risk • Jul 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 9.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.6% average weekly change).
Upcoming Dividend • Jul 02Upcoming dividend of UK£0.17 per shareEligible shareholders must have bought the stock before 09 July 2025. Payment date: 25 July 2025. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of South African dividend payers (8.3%). Higher than average of industry peers (0.7%).
Valuation Update With 7 Day Price Move • Jul 02Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to R86.00, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 25x in the Software industry globally. Total returns to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at R70.88 per share.
お知らせ • May 29Bytes Technology Group plc, Annual General Meeting, Jul 02, 2025Bytes Technology Group plc, Annual General Meeting, Jul 02, 2025. Location: bytes house, randalls way, leatherhead kt22 7tw United Kingdom
Buy Or Sell Opportunity • May 28Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 25% to R127. The fair value is estimated to be R105, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 8.1% per annum over the same time period.
Declared Dividend • May 15Final dividend of UK£0.17 announcedShareholders will receive a dividend of UK£0.17. Ex-date: 9th July 2025 Payment date: 25th July 2025 Dividend yield will be 0.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 50% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 14Full year 2025 earnings released: EPS: UK£0.23 (vs UK£0.20 in FY 2024)Full year 2025 results: EPS: UK£0.23 (up from UK£0.20 in FY 2024). Revenue: UK£217.1m (up 4.9% from FY 2024). Net income: UK£54.8m (up 17% from FY 2024). Profit margin: 25% (up from 23% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 14% per year.
お知らせ • May 13Bytes Technology Group plc Proposes Final Dividend for Year Ended 28 February, 2025, Payable on 25 July 2025The Board of Bytes Technology Group plc proposed a gross final dividend of 6.9 pence per share for year ended 28 February, 2025, subject to shareholder approval. The aggregate amount of the proposed dividend expected to be paid out of retained earnings at 28 February 2025, but not recognised as a liability at the end of the financial year, equates to £16.6 million. Ex dividend date (SA register) is 9 July, 2025. Ex dividend date (UK register) is 10 July, 2025. Record date is 11 July 2025. Payment date is 25 July 2025.
お知らせ • Apr 23Bytes Technology Group plc to Report Fiscal Year 2025 Results on May 13, 2025Bytes Technology Group plc announced that they will report fiscal year 2025 results on May 13, 2025
Buy Or Sell Opportunity • Apr 16Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 26% to R123. The fair value is estimated to be R102, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 18% in the next 2 years.
Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to R116, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 22x in the Software industry globally. Total returns to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at R120 per share.
Recent Insider Transactions • Jan 23Independent Non-Executive Director recently bought R729k worth of stockOn the 20th of January, Ross Paterson bought around 7k shares on-market at roughly R97.45 per share. This transaction amounted to 90% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought R4.7m more in shares than they have sold in the last 12 months.
Buy Or Sell Opportunity • Dec 17Now 21% overvaluedOver the last 90 days, the stock has fallen 7.8% to R101. The fair value is estimated to be R83.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 15% in the next 2 years.
Buy Or Sell Opportunity • Nov 22Now 22% overvaluedOver the last 90 days, the stock has fallen 8.5% to R101. The fair value is estimated to be R82.96, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 15% in the next 2 years.
Buy Or Sell Opportunity • Nov 01Now 20% overvaluedOver the last 90 days, the stock has fallen 6.9% to R104. The fair value is estimated to be R86.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 16% in the next 2 years.
Declared Dividend • Oct 17First half dividend of UK£0.031 announcedShareholders will receive a dividend of UK£0.031. Ex-date: 6th November 2024 Payment date: 22nd November 2024 Dividend yield will be 3.1%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by both earnings (42% earnings payout ratio) and cash flows (70% cash payout ratio). The dividend has increased by an average of 63% per year over the past 3 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Oct 15First half 2025 earnings released: EPS: UK£0.13 (vs UK£0.11 in 1H 2024)First half 2025 results: EPS: UK£0.13 (up from UK£0.11 in 1H 2024). Revenue: UK£105.5m (down 3.0% from 1H 2024). Net income: UK£30.4m (up 20% from 1H 2024). Profit margin: 29% (up from 23% in 1H 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 15Bytes Technology Group PLC Declares an Interim Dividend for the Six Months Ended 31 August 2024, Payable on 22 November 2024Bytes Technology Group PLC declared an interim dividend of 3.1 pence per share, for the six months ended 31 August 2024, representing a 14.8% increase from the previous year's interim dividend of 2.7 pence. The dividend is scheduled to be paid on 22 November 2024 to shareholders on the register at 8 November 2024. Commence trading ex-dividend (SA register) is 6 November 2024. Commence trading ex-dividend (UK register) is 7 November 2024.
Buy Or Sell Opportunity • Sep 19Now 24% overvaluedOver the last 90 days, the stock has fallen 8.4% to R120. The fair value is estimated to be R96.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period.
お知らせ • Sep 19Bytes Technology Group plc to Report First Half, 2025 Results on Oct 15, 2024Bytes Technology Group plc announced that they will report first half, 2025 results on Oct 15, 2024
Buy Or Sell Opportunity • Sep 04Now 20% overvaluedOver the last 90 days, the stock has fallen 18% to R110. The fair value is estimated to be R91.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period.
Buy Or Sell Opportunity • Aug 05Now 20% overvaluedOver the last 90 days, the stock has fallen 1.8% to R113. The fair value is estimated to be R94.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 9.5% per annum over the same time period.
Recent Insider Transactions • Aug 04CEO & Executive Director recently bought R587k worth of stockOn the 1st of August, Sam Mudd bought around 5k shares on-market at roughly R117 per share. This transaction amounted to 5.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R1.2m. Sam has been a buyer over the last 12 months, purchasing a net total of R2.4m worth in shares.
お知らせ • Jul 15+ 1 more updateBytes Technology Group plc Approves Gross Final Dividend, Payable on 2 August 2024Bytes Technology Group plc at its AGM held on July 11, 2024, approved the proposal by the Board of a gross final dividend from retained earnings of 6.0 pence per share. The final dividend will be payable on 2 August 2024 to all ordinary shareholders who are registered as such at the close of business on the record date, 19 July 2024. Shareholders on the South African register will be paid the ZAR cash equivalent as follows: Final dividend of 140.59422 cents per share (112.47538 cents per share net of dividend withholding tax).
Upcoming Dividend • Jul 10Upcoming dividend of UK£0.15 per shareEligible shareholders must have bought the stock before 17 July 2024. Payment date: 02 August 2024. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of South African dividend payers (8.8%). Higher than average of industry peers (0.7%).
Buy Or Sell Opportunity • Jul 05Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to R131. The fair value is estimated to be R108, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 9.9% per annum over the same time period.
Board Change • Jul 01High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Chairman Patrick De Smedt is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Recent Insider Transactions • Jun 23Independent Non-Executive Director recently bought R1.1m worth of stockOn the 20th of June, Ross Paterson bought around 8k shares on-market at roughly R131 per share. This trade did not impact their existing holding. In the last 3 months, there was an even bigger purchase from another insider worth R1.2m. Despite this recent purchase, insiders have collectively sold R21m more in shares than they bought in the last 12 months.
お知らせ • Jun 08Bytes Technology Group plc, Annual General Meeting, Jul 11, 2024Bytes Technology Group plc, Annual General Meeting, Jul 11, 2024. Location: bytes house, randalls way, kt22 7tw, leatherhead United Kingdom
Recent Insider Transactions • Jun 06Phoenix MD recently bought R1.2m worth of stockOn the 3rd of June, Sam Mudd bought around 9k shares on-market at roughly R133 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Sam has been a buyer over the last 12 months, purchasing a net total of R1.8m worth in shares.
Declared Dividend • May 26Final dividend of UK£0.15 announcedShareholders will receive a dividend of UK£0.15. Ex-date: 17th July 2024 Payment date: 2nd August 2024 Dividend yield will be 0.5%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 63% per year over the past 3 years. However, payments have been volatile during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 24Full year 2024 earnings released: EPS: UK£0.20 (vs UK£0.17 in FY 2023)Full year 2024 results: EPS: UK£0.20 (up from UK£0.17 in FY 2023). Revenue: UK£207.0m (up 12% from FY 2023). Net income: UK£46.9m (up 16% from FY 2023). Profit margin: 23% (in line with FY 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
お知らせ • May 24+ 1 more updateBytes Technology Group plc Proposes Special Dividend, Payable on August 2, 2024Bytes Technology Group plc proposed a special dividend of 8.7 pence per share. The special dividend has been increased by 16.0%, therefore matching the increase in the full year dividend. If approved by shareholders, the special dividend will be payable on 2 August 2024 to all ordinary shareholders who are registered as such at the close of business on the record date of 19 July 2024. Commence trading ex-dividend (UK register) on 18 July 2024.
お知らせ • May 18Bytes Technology Group plc to Report Fiscal Year 2024 Results on May 23, 2024Bytes Technology Group plc announced that they will report fiscal year 2024 results on May 23, 2024
お知らせ • May 11+ 1 more updateBytes Technology Group plc Appoints Sam Mudd as CEOThe Board of Bytes Technology Group plc has appointed Sam Mudd as CEO with immediate effect, following a selection process led by Chair, Patrick De Smedt, with support from a leading external search firm. Sam brings over 20 years' experience in leadership positions and has served on the BTG Board as an Executive Director since July 2023, and was appointed interim CEO in February 2024. For the past ten years, Sam has been Managing Director of Phoenix Software Limited ("Phoenix"), acquired by BTG in 2017, where she has overseen an extended period of strong organic growth which has contributed materially to BTG's success. She joined Phoenix in November 2003, having previously held senior roles at WordPerfect, Novell Inc., and Trustmarque Solutions.
Buy Or Sell Opportunity • May 10Now 21% overvaluedOver the last 90 days, the stock has fallen 26% to R118. The fair value is estimated to be R97.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 33% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 18% in the next 2 years.
Buy Or Sell Opportunity • Apr 12Now 21% overvaluedOver the last 90 days, the stock has fallen 16% to R119. The fair value is estimated to be R98.44, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 33% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 27% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.
Board Change • Mar 28High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Chairman Patrick De Smedt is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 26Bytes Technology Group plc Announces Directorate ChangeBytes Technology Group plc announced that non-executive director Mike Phillips has stepped down from the Board of BTG with immediate effect. Erika Schraner will assume Mike's roles of Senior Independent Director and Audit Committee Chair, the latter on an interim basis while the Board recruits a permanent replacement.
Buy Or Sell Opportunity • Feb 23Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 9.2% to R138. The fair value is estimated to be R111, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 33% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.
お知らせ • Feb 21Bytes Technology Group plc Announces CEO ChangesBytes Technology Group plc announces that Neil Murphy has tendered his resignation from his position as Chief Executive Officer of BTG, effective 21 February 2024. Board also announced that Sam Mudd, Executive Director of the Company and Managing Director of Phoenix Software Limited, will assume the role of Interim CEO.
お知らせ • Jan 31Bytes Technology Group plc Appoints Shruthi Chindalur as Independent Non-Executive Director, Effective from 1 February 2024Bytes Technology Group plc announced the appointment of Shruthi Chindalur as an Independent Non-Executive Director, with effect from 1 February 2024. Shruthi will be a member of the audit, nomination and remuneration committees. Shruthi has more than 20 years' experience across the technology, SaaS and adtech industries. She was most recently an Executive Managing Director at the advertising group Criteo, where she led EMEA and Global Indirect Channels. She has also held a number of senior commercial roles at Oracle and LinkedIn, with responsibility for markets across APAC, EMEA and the Americas. She is currently a Non-Executive Director of Access Group.
Recent Insider Transactions • Dec 23Phoenix MD & Executive Director recently bought R639k worth of stockOn the 21st of December, Sam Mudd bought around 5k shares on-market at roughly R139 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth R7.1m. Despite this recent purchase, insiders have collectively sold R128m more in shares than they bought in the last 12 months.
お知らせ • Dec 07Bytes Technology Group plc Announces Executive ChangesBytes Technology Group plc announced that as announced on 12 April 2023 and following the conclusion of the AGM, the company confirmed the appointment of Sam Mudd as an Executive Director and that David Maw has stepped down from his role as a Non-Executive Director.
Recent Insider Transactions • Nov 29Insider recently sold R26m worth of stockOn the 23rd of November, Jack Watson sold around 200k shares on-market at roughly R130 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of R130m more than they bought in the last 12 months.
Upcoming Dividend • Nov 08Upcoming dividend of UK£0.027 per share at 3.0% yieldEligible shareholders must have bought the stock before 15 November 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of South African dividend payers (9.7%). Lower than average of industry peers (4.3%).
Reported Earnings • Oct 27First half 2024 earnings released: EPS: UK£0.11 (vs UK£0.091 in 1H 2023)First half 2024 results: EPS: UK£0.11 (up from UK£0.091 in 1H 2023). Revenue: UK£108.7m (up 16% from 1H 2023). Net income: UK£25.4m (up 17% from 1H 2023). Profit margin: 23% (in line with 1H 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Global Software industry.
お知らせ • Oct 26Bytes Technology Group plc Declares Gross Interim Dividend for the period 31 August 2023, Payable on 1 December 2023Bytes Technology Group plc declared a gross interim dividend of 2.7 pence per share. The aggregate amount of the interim dividend expected to be paid out of retained earnings at 31 August 2023, but not recognised as a liability at the end of the half year, is £6.5 million. Record date is on 17 November 2023. Payment date is on 1 December 2023. Commence trading ex-dividend (SA register) on 15 November 2023 and Commence trading ex-dividend (UK register) on 16 November 2023.
New Risk • Oct 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
お知らせ • Sep 28Bytes Technology Group plc Announces Directorate ChangeBytes Technology Group announces that having served on the Board since the Company's IPO in 2020, Dr. Alison Vincent has indicated that she wishes to retire from her role as independent non-executive director at the conclusion of her three-year term, with effect from 31 October 2023. The Board would like to thank Alison for her substantial contribution to the development and growth of Bytes since joining the Company in 2020. Dr. Erika Schraner, independent non-executive director and member of the Remuneration Committee will take over the role of Chair of the Remuneration Committee, with effect from 1 November 2023. A process to recruit an additional independent non-executive director with relevant experience is underway and a further announcement will be made in due course.
お知らせ • Sep 27Bytes Technology Group plc to Report First Half, 2024 Results on Oct 25, 2023Bytes Technology Group plc announced that they will report first half, 2024 results on Oct 25, 2023
お知らせ • Jul 13Bytes Technology Group plc Announces Director ChangesBytes Technology Group plc at Annual General Meeting (AGM) held on 12 July 2023, following the conclusion of the AGM, the Company confirms the appointment of Sam Mudd as an Executive Director and that David Maw has stepped down from his role as a Non-Executive Director.
Upcoming Dividend • Jul 12Upcoming dividend of R2.99 per share at 3.0% yieldEligible shareholders must have bought the stock before 19 July 2023. Payment date: 04 August 2023. Payout ratio is a comfortable 44% and the cash payout ratio is 83%. Trailing yield: 3.0%. Lower than top quartile of South African dividend payers (10.0%). Lower than average of industry peers (4.0%).
お知らせ • Jul 04Bytes Technology Group plc Proposes Special Dividend Payable on 4 August 2023Bytes Technology Group plc proposes special dividend of 7.5 pence per share. If approved by shareholders at the Company's Annual General Meeting on 12 July 2023, the special dividend will be payable on 4 August 2023 to all ordinary shareholders who are registered as such at the close of business on the record date, 21 July 2023.
Recent Insider Transactions • Jun 26CEO & Director recently sold R112m worth of stockOn the 22nd of June, Neil Murphy sold around 950k shares on-market at roughly R118 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Neil has been a net seller over the last 12 months, reducing personal holdings by R104m.
Valuation Update With 7 Day Price Move • Jun 23Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to R123, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 34x in the Software industry globally. Total returns to shareholders of 55% over the past year. Simply Wall St's valuation model estimates the intrinsic value at R55.09 per share.
New Risk • Jun 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
お知らせ • Jun 06Bytes Technology Group plc, Annual General Meeting, Jul 12, 2023Bytes Technology Group plc, Annual General Meeting, Jul 12, 2023, at 13:00 Coordinated Universal Time. Location: 45 Gresham Street London United Kingdom
お知らせ • Jun 01Bytes Technology Group plc (LSE:BYIT) acquired 25.1% stakes in Cloud Bridge Technologies Limited.Bytes Technology Group plc (LSE:BYIT) acquired 25.1% stakes in Cloud Bridge Technologies Limited in April 2023. Bytes Technology Group plc (LSE:BYIT) completed the acquisition of 25.1% stakes in Cloud Bridge Technologies Limited in April 2023.
Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to R127, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 32x in the Software industry globally. Total returns to shareholders of 50% over the past year. Simply Wall St's valuation model estimates the intrinsic value at R58.42 per share.
Reported Earnings • May 24Full year 2023 earnings released: EPS: UK£0.17 (vs UK£0.14 in FY 2022)Full year 2023 results: EPS: UK£0.17 (up from UK£0.14 in FY 2022). Revenue: UK£184.4m (down 59% from FY 2022). Net income: UK£40.4m (up 23% from FY 2022). Profit margin: 22% (up from 7.3% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Global Software industry.
お知らせ • May 23+ 1 more updateBytes Technology Group plc Proposes Final Dividend, Payable on 4 August 2023The Board of Bytes Technology Group plc proposed a final dividend of 5.1 pence per share, subject to shareholder approval, will be paid on 4 August 2023 to shareholders on the register at 21 July 2023. Commence trading ex-dividend (SA register) is 19 July 2023.
Recent Insider Transactions • Feb 03CEO & Director recently bought R4.2m worth of stockOn the 1st of February, Neil Murphy bought around 51k shares on-market at roughly R83.23 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Neil has been a buyer over the last 12 months, purchasing a net total of R11m worth in shares.
Recent Insider Transactions • Jan 10CEO & Director recently bought R3.5m worth of stockOn the 6th of January, Neil Murphy bought around 44k shares on-market at roughly R78.74 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Neil has been a net seller over the last 12 months, reducing personal holdings by R47m.
Board Change • Nov 16High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Chairman Patrick De Smedt is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improved over the past weekAfter last week's 18% share price gain to R88.74, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 27x in the Software industry globally. Total loss to shareholders of 19% over the past year. Simply Wall St's valuation model estimates the intrinsic value at R76.94 per share.
Upcoming Dividend • Nov 09Upcoming dividend of UK£0.024 per shareEligible shareholders must have bought the stock before 16 November 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 44% but the company is paying out more than the cash it is generating. Trailing yield: 1.7%. Lower than top quartile of South African dividend payers (8.8%). Higher than average of industry peers (1.2%).
Reported Earnings • Oct 26First half 2023 earnings released: EPS: UK£0.091 (vs UK£0.077 in 1H 2022)First half 2023 results: EPS: UK£0.091 (up from UK£0.077 in 1H 2022). Revenue: UK£93.5m (up 28% from 1H 2022). Net income: UK£21.7m (up 19% from 1H 2022). Profit margin: 23% (down from 25% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Global Software industry.
Recent Insider Transactions • Aug 27Independent Non-Executive Director recently bought R200k worth of stockOn the 24th of August, Alison Vincent bought around 2k shares on-market at roughly R84.13 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold R52m more in shares than they bought in the last 12 months.
Upcoming Dividend • Jul 20Upcoming dividend of UK£0.10 per shareEligible shareholders must have bought the stock before 27 July 2022. Payment date: 12 August 2022. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of South African dividend payers (9.2%). Higher than average of industry peers (1.0%).
Reported Earnings • May 25Full year 2022 earnings releasedFull year 2022 results: Revenue: UK£447.9m (up 14% from FY 2021). Net income: UK£32.9m (up 65% from FY 2021). Profit margin: 7.3% (up from 5.1% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 15%, compared to a 29% growth forecast for the industry in South Africa.
Valuation Update With 7 Day Price Move • May 09Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to R76.50, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 26x in the Software industry globally. Total loss to shareholders of 19% over the past year. Simply Wall St's valuation model estimates the intrinsic value at R45.32 per share.
Board Change • Apr 27High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Non-Executive Director David Maw is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improved over the past weekAfter last week's 16% share price gain to R96.00, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 30x in the Software industry globally. Total returns to shareholders of 15% over the past year. Simply Wall St's valuation model estimates the intrinsic value at R47.18 per share.
Recent Insider Transactions • Jan 18CEO & Director recently sold R54m worth of stockOn the 14th of January, Neil Murphy sold around 500k shares on-market at roughly R107 per share. This was the largest sale by an insider in the last 3 months. This was Neil's only on-market trade for the last 12 months.
