Bytes Technology Group First Half 2025 Earnings: EPS Beats Expectations, Revenues Lag

Simply Wall St · 10/16 05:08

Bytes Technology Group (LON:BYIT) First Half 2025 Results

Key Financial Results

  • Revenue: UK£105.5m (down 3.0% from 1H 2024).
  • Net income: UK£30.4m (up 20% from 1H 2024).
  • Profit margin: 29% (up from 23% in 1H 2024). The increase in margin was driven by lower expenses.
  • EPS: UK£0.13 (up from UK£0.11 in 1H 2024).
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LSE:BYIT Earnings and Revenue Growth October 16th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Bytes Technology Group EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 35%. Earnings per share (EPS) exceeded analyst estimates by 5.4%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Software industry in the United Kingdom.

Performance of the British Software industry.

The company's shares are down 6.5% from a week ago.

Valuation

If you are seeking undervalued stocks, our analysis of 6 valuation measures indicates Bytes Technology Group could be a good place to look. You can access our in-depth analysis and discover what the outlook is like for the stock by clicking here.