Bytes (BYI) 1H23 – Results Snapshot

Diluted HEPS 8.7pps (+15.9% y-y) compared to 7.5pps LY.
Revenue improved by 28% y-y to £94m over the restated 1H22 revenue of £73m.
GPM decreased by 240bps to 70.0%.
OPM improved from 40.6% to 40.8%.
Expenses increased by 28.6% y-y to £38m. Expenses to revenue has dropped from31.7% to 29.2%.
Interim dividend of 2.4 pence declared.