Bytes Technology Group (BYIT)

Sector:

IT Services

Index:

FTSE 250

558.50p
   
  • Change Today:
    -13.00p
  • 52 Week High: 657.00
  • 52 Week Low: 454.00
  • Currency: UK Pounds
  • Shares Issued: 240.36m
  • Volume: 1,189,005
  • Market Cap: £1,342.42m

Dividend Data

  29-Feb-2428-Feb-2328-Feb-2228-Feb-2129-Feb-20
Interim Dividend2.70p2.40p2.00pn/an/a
Final Dividend6.00p5.10p4.20pn/an/a
Total Dividend8.70p7.50p6.20pn/an/a
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 29-Feb-24 28-Feb-23 28-Feb-22 28-Feb-21 29-Feb-20
Continuing Operations          
Revenue 207.02 184.42 145.84 393.57 373.10
Operating Profit/(Loss) 56.71 50.88 42.15 26.84 29.84
Net Interest 4.72 (0.49) (0.59) (0.18) 0.08
Profit Before Tax 61.60 50.39 41.57 26.66 29.92
Profit After Tax 46.85 40.42 32.85 19.93 24.16
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 46.85 40.42 32.85 19.93 24.16
Attributable to:          
Equity Holders of Parent Company 46.85 40.42 32.85 19.93 24.16
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 19.55p 16.88p 13.72p 8.52p 10.39p
Earnings per Share - Diluted 18.85p 16.28p 13.42p 8.47p 10.39p
Earnings per Share - Adjusted 21.78p 18.83p 15.46p 13.07p 10.39p
Continuing and Discontinued EPS          
Earnings per Share - Basic 19.55p 16.88p 13.72p 8.52p 10.39p
Earnings per Share - Diluted 18.85p 16.28p 13.42p 8.47p 10.39p
Earnings per Share - Adjusted 21.78p 18.83p 15.46p 13.07p 10.39p
           
Dividend per Share 6.00p 5.10p 4.20p 20.90p n/a
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 29-Feb-24 28-Feb-23 28-Feb-22 28-Feb-21 29-Feb-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 9.89 9.16 8.98 9.37 9.85
Intangible Assets 40.65 41.53 42.83 44.44 46.05
Investment Properties n/a n/a n/a n/a n/a
Investments 3.19 n/a n/a n/a n/a
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 3.52 0.40 0.12 0.57 1.06
  57.25 51.09 51.93 54.39 56.96
Current Assets          
Inventories 0.06 0.06 0.10 0.59 0.69
Trade & Other Receivables 221.82 185.92 157.61 106.66 77.09
Cash at Bank & in Hand 88.84 73.02 67.12 20.73 47.36
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 11.76 10.68 6.81 7.18 5.09
  322.47 269.68 231.63 135.17 130.22
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 379.72 320.77 283.57 189.55 187.19
           
Liabilities          
Current Liabilities          
Borrowings 19.77 23.99 0.99 0.20 0.31
Other Current Liabilities 278.16 231.75 2.68 167.37 146.58
  297.93 255.74 3.68 167.57 146.89
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 3.45 2.89 0.18 1.18 1.29
Provisions n/a 0.63 1.19 1.74 2.90
Other Non-Current Liabilities n/a n/a 232.14 2.32 n/a
  3.45 3.53 233.51 5.24 4.19
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 301.38 259.27 236.00 172.81 151.08
           
Net Assets 78.34 61.50 47.57 16.75 36.10
           
Capital & Reserves          
Share Capital 2.40 2.39 2.39 2.39 2.33
Share Premium Account 633.65 633.64 633.64 633.64 625.37
Other Reserves (633.33) (637.14) (641.30) (644.06) (643.21)
Retained Earnings 75.61 62.61 52.84 24.77 51.61
Shareholders Funds 78.34 61.50 47.57 16.75 36.10
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 78.34 61.50 47.57 16.75 36.10
Cash Flow 29-Feb-24 28-Feb-23 28-Feb-22 28-Feb-21 29-Feb-20
Net Cash Flow From Operating Activities 57.01 38.15 52.05 31.22 37.07
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (4.36) (1.36) (0.62) (17.28) (1.75)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (36.83) (30.89) (5.05) (40.56) (14.01)
Net Increase/Decrease In Cash 15.82 5.90 46.38 (26.62) 21.32
Ratios - based on IFRS 29-Feb-24 28-Feb-23 28-Feb-22 28-Feb-21 29-Feb-20
Continuing Operations          
PE Ratio - Adjusted 25.6 21.2 29.8 32.0 n/a
PEG - Adjusted 1.6 1.0 1.7 1.2 n/a
Earnings per Share Growth - Adjusted 16% 22% 18% 26% n/a
Dividend Cover 3.63 3.69 3.68 0.63 n/a
Revenue per Share 86.13p 77.01p 60.90p 1.70p 160.49p
Pre-Tax Profit per Share 25.63p 21.04p 17.36p 0.12p 12.87p
Operating Margin 27.39% 27.59% 28.91% 6.82% 8.00%
Return on Capital Employed 93.38% 107.15% 593.65% n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 25.6 21.2 29.8 3,172.9 n/a
PEG - Adjusted 1.6 1.0 0.0 n/a n/a
Earnings per Share Growth - Adjusted 16% 22% 11,618% -99% n/a
Dividend Cover 3.63 3.69 3.68 0.01 n/a
           
Dividend Yield 1.1% 1.3% 0.9% 5.0% 0.0%
Dividend per Share Growth 17.65% 21.43% (79.90%) n/a n/a
Operating Cash Flow per Share 23.72p 15.93p 21.73p 13.35p n/a
Cash Incr/Decr per Share 6.58p 2.46p 19.37p (0.12p) 9.17p
Net Asset Value per Share (exc. Intangibles) 15.68p 8.34p 1.98p (11.84p) (4.28p)
Net Gearing -83.76% -75.02% n/a n/a n/a

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 3: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 4: Forecast figures based on normalised accounts.

 

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