Bytes Technology (#BYIT) – H1 “ahead of expectations”, “now expects gross profit growth for the full year in the low to mid-teens, with low to mid single-digit operating profit growth”

Bytes Technology – argues current year “pleased with progress to date”, how much ‘progress’ is there?…

Describing itself as “one of the UK and Ireland’s leading software, security, AI and cloud services specialists” Bytes Technology Group (BYIT) has issued an “AGM Statement” commencing that it has “traded well during the first four months of the financial year, delivering double-digit year-on-year growth in gross invoiced income and gross profit across both the private and public sectors”. What though about overall bottom-line performance?

Bytes Technology (#BYIT) – argues progress consistent with its expectations, but current “operating profit broadly flat year-on-year”

Bytes Technology (#BYIT) – “performance strengthening in the second half… in line with expectations”

Bytes Technology – interims noting “a strong pipeline and have started H2 FY26 well”, so why another material share price fall?…

Describing itself as “one of the UK’s leading software, security, cloud and AI services specialists”, Bytes Technology Group (BYIT) has announced results for its half-year ended 31st August 2025 and “a strong pipeline and have started H2 FY26 well… remain confident of delivering a full year outcome within the range of market expectations”. So what of a current share price response to below 370p, more than 10% lower?

Bytes Technology (#BYIT) – H1 EPS slightly down to 12p, DPS edged up to 3.2p, “confident of delivering a full year outcome within the range of market expectations”

Bytes Technology (#BYIT) – argues H1 “resilient performance”, notes H2 comparatives including prior year “particularly strong trading performance… in the last few months”

Bytes Technology – directors shares purchases, how meaningful?…

Bytes Technology Group (BYIT) has announced shares purchases by Chair Patrick De Smedt, CEO Sam Mudd, Non-Executives Anna Vikström Persson and Ross Paterson and Director of Group Finance Paul Emms. How encouraging are these from a currently up to 390p share price?

Bytes Technology – “believes that it would be beneficial to return capital to shareholders through a share repurchase”. How ‘beneficial’ from the current valuation?…

Describing itself as “one of the UK and Ireland’s leading software, security, cloud and AI services specialists”, Bytes Technology Group (BYIT) has announced a “Share Repurchase Programme” and what of the shares currently responding more than 8% higher towards 400p?

Bytes Technology Group – having less than two month ago emphasised “well positioned to respond to the evolving demands”, now expects first half profit decline!

There is an AGM trading statement from company describing itself as “one of the UK and Ireland’s leading software, security, cloud and AI services specialists” Bytes Technology Group (BYIT) today, though less than two month ago it emphasised it was “well positioned to respond to the evolving demands we see in our markets… and deliver another year of double-digit gross profit growth together with high single-digit operating profit growth” – so how’s that ‘well positioned’ playing out?

Bytes Technology (#BYIT) – “some deferral of customer buying decisions, particularly in the corporate sector”, blaming “a challenging macroeconomic environment”

Bytes Technology (#BYIT) – FY growth “strong performance”, argues “well-positioned to continue its strong growth”

Bytes Technology (#BYIT) – growth trends continuing, notes “structural demand drivers… including cloud computing, cyber security and AI”

Well done the FCA for exposing the Bytes Technology share dealing scandal

I do not say this very often as, by and large, the FCA is utterly useless but in relation to the share dealing scandal at Bytes Technology (BYIT) which has already claimed the scalp of ex CEO Neill Murphy it emerges with credit for its proactive efforts.

Bytes Technology (#BYIT) – now-former CEO share transactions investigation and notes a former director such investigation previously

Bytes Technology (#BYIT) – notes continued growth and “remains confident in its continuing ability to deliver sustained double-digit growth”

Blowing almost £800,000 a year for the sake of just £13,271.24 - the sorry tale of Neil Murphy

Neil Murphy was sacked as CEO of Bytes Technology (BYIT) earlier this week after the company discovered that he had traded repeatedly in the shares without declaring it. My reputation may be that of being a complete bastard when it comes to corporate malfeasance but, though Murphy was rightly sacked and I hope without any compensation, as details emerge of his trades, I almost feel sorry for him.

Bytes Technology (#BYIT) – now-former CEO Neil Murphy shares trades late announcement dating back to January 2021!

Bytes Technology (#BYIT) – notes profit growth and “remain confident in… continuing ability to deliver double-digit growth”

Bytes Technology (#BYIT) – FY “ahead of expectations”, “continue to build positive momentum”