Bytes gross invoiced income (GII) surged 38 per cent, reaching £1.082 billion in the last six months.
The company said this is all down to Bytes winning large public sector Microsoft contracts, leading to public sector GII spiking by 44.4 per cent.
Revenues came in at £108.7 million, representing a growth of 16.3 per cent for H1 FY24.
Bytes Technology Group CEO Neil Murphy said the company’s success was due to our skilled workforce and strong vendor relationships.
The reseller boss adds that while the economic backdrop remains mixed, Bytes saw strong demand from corporate and public sector customers for security, cloud adoption, digital transformation, hybrid datacentres and remote working solutions.
This healthy business performance has allowed the software, security, AI and cloud services group to grow its headcount to over 1,000 for the first time.
“A shift to AI products will be one of the defining trends in the IT services sector in the coming years, and we are well-placed to capitalise on that opportunity.
“We stand to benefit from our long-standing relationship with Microsoft, whose Copilot product we are already trialling and will be available more widely shortly. We also look forward to working with our other vendor partners to develop AI software tools.”
