Aankondiging • May 14
Bytes Technology Group plc Announces Standing Down of Andrew Holden as Chief Financial Officer Bytes 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. Aankondiging • May 12
Bytes Technology Group plc, Annual General Meeting, Jul 09, 2026 Bytes Technology Group plc, Annual General Meeting, Jul 09, 2026. Aankondiging • Mar 24
Bytes Technology Group plc Provides Earnings Guidance for the Year 2027 Bytes 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. Aankondiging • Mar 20
Bytes Technology Group plc to Report Fiscal Year 2026 Results on May 12, 2026 Bytes Technology Group plc announced that they will report fiscal year 2026 results on May 12, 2026 Aankondiging • Oct 14
Bytes Technology Group plc Announces Interim Dividend for First Half Ended 31 August 2025, Payable on 21 November 2025 Bytes 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. Aankondiging • Sep 18
Bytes Technology Group plc Provides Earnings Guidance for the Half Year Ended 31 August 2025 Bytes 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. Aankondiging • May 29
Bytes Technology Group plc, Annual General Meeting, Jul 02, 2025 Bytes Technology Group plc, Annual General Meeting, Jul 02, 2025. Location: bytes house, randalls way, leatherhead kt22 7tw United Kingdom Aankondiging • May 13
Bytes Technology Group plc Proposes Final Dividend for Year Ended 28 February, 2025, Payable on 25 July 2025 The 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. Aankondiging • Apr 23
Bytes Technology Group plc to Report Fiscal Year 2025 Results on May 13, 2025 Bytes Technology Group plc announced that they will report fiscal year 2025 results on May 13, 2025 Aankondiging • Oct 15
Bytes Technology Group PLC Declares an Interim Dividend for the Six Months Ended 31 August 2024, Payable on 22 November 2024 Bytes 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. Aankondiging • Sep 19
Bytes Technology Group plc to Report First Half, 2025 Results on Oct 15, 2024 Bytes Technology Group plc announced that they will report first half, 2025 results on Oct 15, 2024 Aankondiging • Jun 08
Bytes Technology Group plc, Annual General Meeting, Jul 11, 2024 Bytes Technology Group plc, Annual General Meeting, Jul 11, 2024. Location: bytes house, randalls way, kt22 7tw, leatherhead United Kingdom Declared Dividend • May 27
Final dividend increased to UK£0.15 Dividend of UK£0.15 is 17% higher than last year. Ex-date: 18th July 2024 Payment date: 2nd August 2024 Dividend yield will be 2.9%, which is higher than the industry average of 1.7%. 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 24
Full 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 11% growth forecast for the Software industry in the United Kingdom. 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 6% per year, which means it is significantly lagging earnings growth. Aankondiging • May 18
Bytes Technology Group plc to Report Fiscal Year 2024 Results on May 23, 2024 Bytes Technology Group plc announced that they will report fiscal year 2024 results on May 23, 2024 Buy Or Sell Opportunity • Apr 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to UK£5.00. The fair value is estimated to be UK£6.36, however this is not to be taken as a buy 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 28
High number of new and inexperienced directors There 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. Aankondiging • Mar 26
Bytes Technology Group plc Announces Directorate Change Bytes 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. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to UK£5.34, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 20x in the Software industry in the United Kingdom. Total returns to shareholders of 37% over the past year. Simply Wall St's valuation model estimates the intrinsic value at UK£6.16 per share. Aankondiging • Feb 21
Bytes Technology Group plc Announces CEO Changes Bytes 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. Aankondiging • Jan 31
Bytes Technology Group plc Appoints Shruthi Chindalur as Independent Non-Executive Director, Effective from 1 February 2024 Bytes 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. Aankondiging • Dec 07
Bytes Technology Group plc Announces Executive Changes Bytes 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 29
Insider recently sold UK£1.1m worth of stock On the 23rd of November, Jack Watson sold around 200k shares on-market at roughly UK£5.50 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 UK£5.5m more than they bought in the last 12 months. Upcoming Dividend • Nov 09
Upcoming dividend of UK£0.027 per share at 3.0% yield Eligible shareholders must have bought the stock before 16 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 British dividend payers (6.4%). Higher than average of industry peers (1.8%). Reported Earnings • Oct 28
First 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 8.0% growth forecast for the Software industry in the United Kingdom. Aankondiging • Oct 26
Bytes Technology Group plc Declares Gross Interim Dividend for the period 31 August 2023, Payable on 1 December 2023 Bytes 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. Aankondiging • Sep 28
Bytes Technology Group plc Announces Directorate Change Bytes 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. Aankondiging • Sep 27
Bytes Technology Group plc to Report First Half, 2024 Results on Oct 25, 2023 Bytes Technology Group plc announced that they will report first half, 2024 results on Oct 25, 2023 Aankondiging • Jul 13
Bytes Technology Group plc Announces Director Changes Bytes 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 13
Upcoming dividend of UK£0.13 per share at 2.9% yield Eligible shareholders must have bought the stock before 20 July 2023. Payment date: 04 August 2023. Payout ratio is a comfortable 44% and the cash payout ratio is 83%. Trailing yield: 2.9%. Lower than top quartile of British dividend payers (6.2%). Higher than average of industry peers (1.9%). Aankondiging • Jul 04
Bytes Technology Group plc Proposes Special Dividend Payable on 4 August 2023 Bytes 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 25
CEO & Director recently sold UK£4.7m worth of stock On the 22nd of June, Neil Murphy sold around 950k shares on-market at roughly UK£5.00 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 UK£4.4m. Aankondiging • Jun 06
Bytes Technology Group plc, Annual General Meeting, Jul 12, 2023 Bytes Technology Group plc, Annual General Meeting, Jul 12, 2023, at 13:00 Coordinated Universal Time. Location: 45 Gresham Street London United Kingdom Aankondiging • Jun 01
Bytes 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 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to UK£5.11, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 28x in the Software industry in the United Kingdom. Total returns to shareholders of 16% over the past year. Simply Wall St's valuation model estimates the intrinsic value at UK£3.53 per share. Reported Earnings • May 24
Full 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 9.0% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Software industry in the United Kingdom. Recent Insider Transactions • Feb 04
CEO & Director recently bought UK£200k worth of stock On the 1st of February, Neil Murphy bought around 51k shares on-market at roughly UK£3.94 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 UK£538k worth in shares. Recent Insider Transactions • Jan 10
CEO & Director recently bought UK£169k worth of stock On the 6th of January, Neil Murphy bought around 44k shares on-market at roughly UK£3.80 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 UK£2.2m. Board Change • Nov 16
High number of new and inexperienced directors There 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. Buying Opportunity • Oct 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 19%. The fair value is estimated to be UK£4.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 91% over the last year. Earnings per share has grown by 58%. Revenue is forecast to grow by 24% in 2 years. Earnings is forecast to grow by 30% in the next 2 years. Reported Earnings • Oct 27
First 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 9.4% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Software industry in the United Kingdom. Upcoming Dividend • Jul 21
Upcoming dividend of UK£0.10 per share Eligible shareholders must have bought the stock before 28 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 British dividend payers (5.3%). In line with average of industry peers (2.2%). Reported Earnings • May 25
Full year 2022 earnings released Full 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 27% growth forecast for the industry in the United Kingdom. Board Change • Apr 27
High number of new and inexperienced directors There 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. Recent Insider Transactions • Jan 18
CEO & Director recently sold UK£2.6m worth of stock On the 14th of January, Neil Murphy sold around 500k shares on-market at roughly UK£5.10 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. Board Change • Nov 01
High number of new and inexperienced directors There 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. 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. Reported Earnings • Oct 30
First half 2022 earnings released: EPS UK£0.077 (vs UK£0.068 in 1H 2021) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2022 results: Revenue: UK£251.4m (up 14% from 1H 2021). Net income: UK£18.3m (up 16% from 1H 2021). Profit margin: 7.3% (up from 7.1% in 1H 2021). Reported Earnings • Jun 20
Full year 2021 earnings released: EPS UK£0.085 (vs UK£0.10 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: UK£393.6m (up 5.5% from FY 2020). Net income: UK£19.9m (down 18% from FY 2020). Profit margin: 5.1% (down from 6.5% in FY 2020). Reported Earnings • May 29
Full year 2021 earnings released: EPS UK£0.085 The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: UK£393.6m (up 5.5% from FY 2020). Net income: UK£19.9m (down 18% from FY 2020). Profit margin: 5.1% (down from 6.5% in FY 2020). 
