Bytes Technology Group PLC
LSE:BYIT

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Bytes Technology Group PLC
LSE:BYIT
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Price: 448.6 GBX -3.36% Market Closed
Market Cap: 1.1B GBX
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Gross Margin
Bytes Technology Group PLC

70.4%
Current
55%
Average
46.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
70.4%
=
Gross Profit
145.8m
/
Revenue
207m

Gross Margin Across Competitors

Country UK
Market Cap 1.1B GBP
Gross Margin
70%
Country US
Market Cap 311.6B USD
Gross Margin
76%
Country DE
Market Cap 253.5B EUR
Gross Margin
73%
Country US
Market Cap 226B USD
Gross Margin
89%
Country US
Market Cap 192.8B USD
Gross Margin
79%
Country US
Market Cap 182B USD
Gross Margin
23%
Country US
Market Cap 149.3B USD
Gross Margin
81%
Country US
Market Cap 97.7B USD
Gross Margin
74%
Country US
Market Cap 80B USD
Gross Margin
80%
Country US
Market Cap 79.5B USD
Gross Margin
88%
Country US
Market Cap 69B USD
Gross Margin
76%
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Bytes Technology Group PLC
Glance View

Market Cap
1.1B GBX
Industry
Technology

Bytes Technology Group Plc provides IT software offerings and solutions, with a focus on cloud and security products. The company is headquartered in Leatherhead, Surrey and currently employs 685 full-time employees. The company went IPO on 2020-12-11. The firm enables technology sourcing, adoption, and management across software services, including in the areas of security and cloud. Its portfolio of services includes cloud, security, licensing, storage, virtualization and managed services. The firm comprises two brands: Bytes Software Services (BSS) and Phoenix Software (Phoenix). Bytes Software Services customer base is made up of both private sector customers and public sector customers, whilst Phoenix's focus is exclusively on public sector customers. Its services also includes software services, datacenter services, data management services, deployment services and end user computing. The firm provides support to a range of industries, including professional services, manufacturing, retail, central and local government, and technology.

BYIT Intrinsic Value
515.94 GBX
Undervaluation 13%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
70.4%
=
Gross Profit
145.8m
/
Revenue
207m
What is the Gross Margin of Bytes Technology Group PLC?

Based on Bytes Technology Group PLC's most recent financial statements, the company has Gross Margin of 70.4%.