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Bytes Technology Group plc
BYIT.L•LSE
Technology
Software - Infrastructure
£357.60
£-5.40(-1.49%)

Financial performance has remained strong, with revenue growing from $90.89M in Q4 2022 to $105.47M in Q2 2024. Gross profit continued to perform well, with margins at 77% in the latest quarter. Operating income reached $35.61M in Q2 2024, holding a steady 34% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $42.88M. Net income rose to $30.45M, keeping EPS at $0.13. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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