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Bytes Technology Group plc (BYITY) Q4 2026 Earnings Call ...
2026-05-13 · via All Articles on Seeking Alpha

Bytes Technology Group plc (BYITY) Q4 2026 Earnings Call May 12, 2026 4:00 AM EDT

Company Participants

Sam Mudd - CEO & Executive Director
Andrew Holden - CFO & Executive Director

Conference Call Participants

Tintin Stormont - Deutsche Bank AG, Research Division
Julian Yates - Investec Bank plc, Research Division
Andrew Ripper - Panmure Liberum Limited, Research Division
Damindu Jayaweera - Peel Hunt LLP, Research Division

Presentation

Sam Mudd
CEO & Executive Director

Okay. Good morning, and welcome to Bytes Technology Group, our full year 2026 financial results. I'm Sam Mudd, the CEO, and I'm joined today by Andrew, our CFO. I'm going to begin with a quick introduction to the business for those of you that are new to us. And then I'll hand over to Andrew, who will provide the financial review, and then he'll be handing back to me for the full business review. Bytes Technology Group is one of the largest providers of software solutions in the world, and we operate under 2 brands, both of which have a rich heritage in their markets. Bytes focuses on the private sector and Phoenix focuses on the public sector. We have a huge diversified customer base, and we have more than 200 vendors that we represent with Microsoft being one of our most strategic.

On the right, you can see that we've been delivering strong growth over the last year or so, and we have good cash conversion and consistent capital returns to shareholders over the last 5 years since IPO. Looking at today's highlights and starting on the left-hand side, firstly, we've made good strategic progress and implemented intentional organizational change and improvements which were needed to expand our services and streamline our customer focus. We believe these enhancements will drive our growth and enable us to stay ahead of the wider transitions that we're seeing