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Bytes Technology Group (CHIX:BYITL) Net Margin % : 23.36% (As of Aug. 2023)


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What is Bytes Technology Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Bytes Technology Group's Net Income for the six months ended in Aug. 2023 was £25.4 Mil. Bytes Technology Group's Revenue for the six months ended in Aug. 2023 was £108.7 Mil. Therefore, Bytes Technology Group's net margin for the quarter that ended in Aug. 2023 was 23.36%.

The historical rank and industry rank for Bytes Technology Group's Net Margin % or its related term are showing as below:

CHIX:BYITl' s Net Margin % Range Over the Past 10 Years
Min: 2.51   Med: 5.77   Max: 22.53
Current: 22.1


CHIX:BYITl's Net Margin % is ranked better than
92.87% of 2762 companies
in the Software industry
Industry Median: 1.71 vs CHIX:BYITl: 22.10

Bytes Technology Group Net Margin % Historical Data

The historical data trend for Bytes Technology Group's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bytes Technology Group Net Margin % Chart

Bytes Technology Group Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Net Margin %
Get a 7-Day Free Trial 4.33 6.47 5.06 22.53 21.92

Bytes Technology Group Semi-Annual Data
Feb18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 25.07 19.98 23.21 20.59 23.36

Competitive Comparison of Bytes Technology Group's Net Margin %

For the Software - Infrastructure subindustry, Bytes Technology Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bytes Technology Group's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Bytes Technology Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Bytes Technology Group's Net Margin % falls into.



Bytes Technology Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Bytes Technology Group's Net Margin for the fiscal year that ended in Feb. 2023 is calculated as

Net Margin=Net Income (A: Feb. 2023 )/Revenue (A: Feb. 2023 )
=40.421/184.421
=21.92 %

Bytes Technology Group's Net Margin for the quarter that ended in Aug. 2023 is calculated as

Net Margin=Net Income (Q: Aug. 2023 )/Revenue (Q: Aug. 2023 )
=25.388/108.699
=23.36 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bytes Technology Group  (CHIX:BYITl) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Bytes Technology Group Net Margin % Related Terms

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Bytes Technology Group (CHIX:BYITL) Business Description

Traded in Other Exchanges
Address
Randalls Way, Bytes House, Leatherhead, Surrey, GBR, KT22 7TW
Bytes Technology Group PLC provides IT solutions and services, offering software, hardware and cloud services. It enables effective and cost-efficient technology sourcing, adoption and management across software, security and cloud services. The company's brands include Bytes Software Services (BSS) and Phoenix Software. It generates a majority of its revenue from Software.

Bytes Technology Group (CHIX:BYITL) Headlines

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