Company summary
Bytes Technology Group is a UK IT solutions provider and software reseller. It helps public- and private-sector customers buy, deploy and manage software, cloud services, cybersecurity and wider technology infrastructure.
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BYIT
Bytes Technology Group
Software & Computer Services
- Index
- FTSE 250
- ISIN
- Not specified
- Book status
- 2026 edition — current
Key activities
Software licensing, cloud subscriptions, cybersecurity solutions, IT infrastructure, technical services and managed support, with a particularly important relationship with Microsoft and other major technology vendors.
Key markets
Predominantly the UK, serving corporate, public-sector and education customers. Demand is closely linked to enterprise software, cloud migration, cybersecurity and digital-transformation spending.
Key drivers
Software and cloud demand, Microsoft product cycles, cybersecurity spending, customer retention, gross profit growth, public-sector contracts, vendor relationships and expansion of higher-value services.
Key risks
Dependence on major software vendors, pressure on reseller margins, public-sector spending changes, technology shifts, competition, cyber incidents and difficulty retaining skilled sales and technical staff.
Recent Developments
12 May 2026: Bytes published full-year results for the year to February, followed by its annual report in May and AGM in July. The investment case remains centred on recurring software, cloud and cybersecurity demand across UK organisations.
Dividend notes
Pays interim and final dividends, with specials possible when surplus cash permits. The FY2026 final dividend was 7.0p, ex-dividend on 16 July 2026 and paid on 31 July. The FY2026 interim was 3.2p.
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