Bytes has seen its gross income increase by 26 percent for the 12 months ending 28 February 2022 to £1.21 billion.
CEO Neil Murphy (pictured)said that Bytes Revenue surged by 13.8 percent to £447.9 million over the same period.
The company has reported operating profits meanwhile jumped by 57 percent year on year to £42.2 million, while adjusted operating profits, which are based on its underlying operations and ignores one-off costs, soared by 23.6 percent.
Bytes claims that growth was spread across software, hardware and services sales, commenting that corporate demand strengthened during the period and growth continued among public sector customers.
The reseller said the spike in operating profits in 2022 is partly due to one-off costs of £8.1 million in its 2021 related to its IPO.
Bytes’ board is proposing a final dividend of 4.2 pence a share and a “special” dividend of 6.2 pence a share which will be paid on 12 August 2022 pending shareholder approval.
