0R15 9025.0 0.0% 0R1E 9410.0 0.0% 0M69 None None% 0R2V 247.99 9682.643% 0QYR 1567.5 0.0% 0QYP 439.3701 -2.9016% 0RUK None None% 0RYA 1597.0 1.2682% 0RIH 195.55 0.0% 0RIH 191.4 -2.1222% 0R1O 225.5 9683.0803% 0R1O None None% 0QFP 10475.8496 107.8542% 0M2Z 252.573 0.2373% 0VSO 33.0 -7.3164% 0R1I None None% 0QZI 622.0 0.0% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 222.05 -4.1318%

Bytes Technology Ltd

Technology GB BYIT

425.6GBP
-9.0(2.07%)

Last update at 2024-12-19T16:35:00Z

Day Range

415.80438.80
LowHigh

52 Week Range

343.39623.00
LowHigh

Fundamentals

  • Previous Close 434.60
  • Market Cap1448.87M
  • Volume436323
  • P/E Ratio33.61
  • Dividend Yield1.29%
  • EBITDA56.21M
  • Revenue TTM199.59M
  • Revenue Per Share TTM0.83
  • Gross Profit TTM 107.36M
  • Diluted EPS TTM0.18

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-02-28 2022-02-28 2021-02-28 2020-02-29 2019-02-28
Type yearly yearly yearly yearly yearly
Date 2023-02-28 2022-02-28 2021-02-28 2020-02-29 2019-02-28
Income before tax 50.39M 41.57M 26.66M 21.65M 18.78M
Minority interest - - - - -
Net income 40.42M 32.85M 19.93M 15.88M 15.14M
Selling general administrative 77.75M 65.06M 62.40M 57.65M 6.11M
Selling and marketing expenses - - - - -
Gross profit 129.57M 107.36M 89.57M 79.22M 63.61M
Reconciled depreciation 2.48M 2.61M 2.68M 2.58M 2.27M
Ebit 50.88M 42.16M 26.84M 21.57M 18.70M
Ebitda 54.30M 44.76M 29.54M 24.31M 21.05M
Depreciation and amortization 3.42M 2.61M 2.69M 2.74M 2.36M
Non operating income net other - - - - -
Operating income 50.88M 42.16M 26.84M 21.57M 18.70M
Other operating expenses 132.60M 405.78M 366.73M 351.53M 330.96M
Interest expense 0.49M 0.59M 0.19M 0.08M 0.00100M
Tax provision 9.97M 8.71M 6.73M 5.76M 3.64M
Interest income 0.05M 0.06M 0.01M 0.16M 0.09M
Net interest income -0.49100M -0.58900M -0.18100M 0.08M 0.08M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 9.97M 8.71M 6.73M 5.76M 3.64M
Total revenue 184.42M 447.94M 393.57M 373.10M 349.66M
Total operating expenses 77.75M 65.21M 62.73M 57.65M 44.92M
Cost of revenue 54.85M 340.58M 304.00M 293.89M 286.05M
Total other income expense net -0.49100M -0.58900M -0.18100M 0.08M 0.08M
Discontinued operations - - - - -
Net income from continuing ops 40.42M 32.85M 19.93M 15.88M 15.14M
Net income applicable to common shares 40.42M 32.85M 19.93M 24.16M 15.14M
Preferred stock and other adjustments - - - - -
Breakdown 2023-02-28 2022-02-28 2021-02-28 2020-02-29 2019-02-28
Type yearly yearly yearly yearly yearly
Date 2023-02-28 2022-02-28 2021-02-28 2020-02-29 2019-02-28
Total assets 320.77M 283.57M 189.55M 187.19M 144.97M
Intangible assets 4.03M 5.34M 6.95M 8.56M 10.17M
Earning assets - - - - -
Other current assets - 164.42M 113.84M 82.18M 63.71M
Total liab 259.27M 236.00M 172.81M 134.40M 102.82M
Total stockholder equity 61.50M 47.57M 16.75M 52.78M 42.15M
Deferred long term liab - - - - -
Other current liab 117.36M 102.71M 42.39M 13.40M 37.88M
Common stock 2.40M 2.40M 2.40M 2.33M -
Capital stock 2.40M 2.40M 2.40M 0.00000M 0.00000M
Retained earnings 62.61M 52.84M 24.77M 51.61M 41.25M
Other liab - 2.68M 4.06M 2.90M 2.04M
Good will 37.49M 37.49M 37.49M 37.49M 37.49M
Other assets - 0.12M 0.57M 1.06M -
Cash 73.02M 67.12M 20.73M 47.36M 26.04M
Cash and equivalents - - - - -
Total current liabilities 255.74M 232.32M 167.57M 130.21M 100.78M
Current deferred revenue - - - - -
Net debt -72.02700M -65.94100M -19.35600M -45.75500M -26.03800M
Short term debt 0.07M 0.18M 0.20M 0.31M -
Short long term debt - - - - -
Short long term debt total 0.99M 1.18M 1.38M 1.60M -
Other stockholder equity -3.50400M -7.66700M -10.42200M 1.17M 0.90M
Property plant equipment 9.16M 8.86M 9.35M 9.79M 7.38M
Total current assets 269.68M 231.63M 135.17M 130.22M 89.84M
Long term investments - - - - -
Net tangible assets - 4.62M -27.71800M -10.00900M -5.60200M
Short term investments - - - - -
Net receivables 178.39M 163.24M 111.83M 80.26M 63.27M
Long term debt - - - - -
Inventory 0.06M 0.10M 0.59M 0.69M 0.09M
Accounts payable 138.31M 129.43M 124.98M 116.51M 62.90M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 0.40M 0.12M 0.21M 1.06M -
Deferred long term asset charges - - - - -
Non current assets total 51.09M 51.93M 54.39M 56.96M 55.13M
Capital lease obligations 0.99M 1.18M 1.38M 1.60M 0.00000M
Long term debt total 0.92M 0.99M 1.18M - -
Breakdown 2023-02-28 2022-02-28 2021-02-28 2020-02-29 2019-02-28
Type yearly yearly yearly yearly yearly
Date 2023-02-28 2022-02-28 2021-02-28 2020-02-29 2019-02-28
Investments -1.36300M -0.61700M -17.28400M -1.74500M -1.06300M
Change to liabilities - 64.15M 41.77M 29.11M 20.06M
Total cashflows from investing activities -1.36300M -0.61700M -17.28400M -1.74500M -1.06300M
Net borrowings - -0.25800M -0.29500M -0.20700M -0.20700M
Total cash from financing activities -30.88700M -5.04800M -40.56200M -14.00700M -6.50000M
Change to operating activities - - - - -
Net income 50.39M 41.57M 26.66M 29.92M 18.78M
Change in cash 5.90M 46.38M -26.62300M 21.32M 19.33M
Begin period cash flow 67.12M 20.73M 47.36M 26.04M 6.71M
End period cash flow 73.02M 67.12M 20.73M 47.36M 26.04M
Total cash from operating activities 38.15M 52.05M 31.22M 37.07M 26.89M
Issuance of capital stock - 0.00000M 8.33M - -
Depreciation 2.48M 2.61M 2.68M 2.58M 2.27M
Other cashflows from investing activities - 0.00000M -16.67700M -16.67700M -16.67700M
Dividends paid 30.65M 4.79M 48.60M 13.80M 6.50M
Change to inventory 0.04M 0.49M 0.10M -0.59400M 1.57M
Change to account receivables - -50.26900M -30.82200M -19.52500M -13.04100M
Sale purchase of stock - 0.00000M 8.33M - -
Other cashflows from financing activities -0.23300M -0.25800M -0.29500M -0.20700M -1.06300M
Change to netincome - 2.21M -2.43200M 1.34M 0.90M
Capital expenditures 1.36M 0.62M 0.61M 1.75M 1.06M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -8.66500M 14.38M 11.04M 8.99M 8.58M
Stock based compensation 4.19M 2.56M 0.96M 0.27M 0.34M
Other non cash items -10.24400M -9.06600M 0.18M -0.07600M -3.07800M
Free cash flow 36.79M 51.43M 30.62M 35.33M 25.83M

Peer Comparison

Sector: Technology Industry: Software - Infrastructure

Company Change (GBP) Price (GBP) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
BYIT
Bytes Technology Ltd
-9.0 2.07% 425.60 33.61 55.87 7.25 24.03 6.97 23.42
SPT
Spirent Communications plc
-0.7 0.39% 178.30 13.54 16.89 1.26 2.39 0.98 4.30
WPS
WAG Payment Solutions PLC
3.40 4.36% 81.40 44.60 9.86 0.27 2.13 0.39 11.01
BOKU
Boku Inc
-1.0 0.54% 183.00 138.00 30.30 5.76 4.17 4.63 35.93
PAY
PayPoint plc
- -% 769.00 11.86 10.32 1.73 3.35 1.56 5.68

Reports Covered

Stock Research & News

Profile

Bytes Technology Group plc offers software, IT security, hardware, and cloud services in the United Kingdom, rest of Europe, and internationally. The company sells servers, laptops, and other devices; various cloud-based and non-cloud-based licenses; and externally and internally provided training and consulting services. It also offers IT consulting and support services, including IT deployment and training. The company sells its products and services under the Bytes Software Services and Phoenix brands. It serves small- and medium-sized businesses, enterprises, and public sector organizations. The company was founded in 1982 and is headquartered in Leatherhead, the United Kingdom.

Bytes Technology Ltd

Bytes House, Leatherhead, United Kingdom, KT22 7TW

Key Executives

Name Title Year Born
Mr. Neil R. Murphy CEO & Director 1968
Mr. Andrew J. Holden CFO, COO & Exec. Director 1967
Ms. Sam Mudd Phoenix Managing Director 1970
Paul Emms Director of Group Fin. NA
Mr. Jack Watson MD - Bytes Software Services 1984
Willem Karel Groenewald Company Sec. 1983

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