Bytes Technology Group plc

Bytes Technology Group plcverified

BYIT.L

Bytes Technology Group plc offers software, IT security, hardware, and cloud services in the United Kingdom, rest of Europe, and internationally. The company sells servers, laptops, and other devices; various cloud-based and non-cloud-based licenses; and externally and internally provided training and consulting services. It also offers IT consulting and support services, including IT deployment and training. The company sells its products and services under the Bytes Software Services and Phoenix brands. It serves small- and medium-sized businesses, enterprises, and public sector organizations. The company was founded in 1982 and is headquartered in Leatherhead, the United Kingdom.

Industry

Software - Infrastructure

IPO Date

2020-12-11

Stock Exchange

LSE

Ticker

BYIT.L

The Current Ratio as of December 2025 (TTM) for Bytes Technology Group plc (BYIT.L) is 1.11

According to Bytes Technology Group plc’s latest financial reports and current stock price. The company's current Current Ratio is 1.11. This represents a change of 2.90% compared to the average of 1.08 of the last 4 quarters.

Bytes Technology Group plc (BYIT.L) Historical Current Ratio (quarterly & annually)

How has BYIT.L Current Ratio performed in the past?

The mean historical Current Ratio of Bytes Technology Group plc over the last ten years is 0.96. The current 1.11 Current Ratio has changed 11.43% with respect to the historical average. Over the past ten years (40 quarters), BYIT.L's Current Ratio was at its highest in in the February 2025 quarter at 1.11. The Current Ratio was at its lowest in in the August 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

0.96

Median

1.00

Minimum

0.74

Maximum

1.11

Bytes Technology Group plc (BYIT.L) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Bytes Technology Group plc Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 23.60%

Maximum Annual Current Ratio = 1.11

Minimum Annual Increase = -19.34%

Minimum Annual Current Ratio = 0.74

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.112.22%
20241.082.64%
20231.055.76%
20221.0023.60%
20210.81-19.34%
20201.0012.19%
20190.8920.36%

Bytes Technology Group plc (BYIT.L) Average Current Ratio

How has BYIT.L Current Ratio performed in the past?

The current Current Ratio of Bytes Technology Group plc (BYIT.L) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.08

5-year avg

1.01

10-year avg

0.96

Bytes Technology Group plc (BYIT.L) Current Ratio vs. Peers

How is BYIT.L’s Current Ratio compared to its peers?

Bytes Technology Group plc’s Current Ratio is less than Mony Group PLC (1.32), greater than Trustpilot Group plc (0.97), less than Boku, Inc. (1.28), less than Alfa Financial Software Holdings PLC (1.60), less than Kainos Group plc (1.67), greater than W.A.G payment solutions plc (0.93), greater than PayPoint plc (0.95), less than Oxford Instruments plc (1.81), less than Fonix Mobile plc (1.18), less than discoverIE Group plc (1.52),

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