Half Year 2022 Bytes Technology Group PLC Earnings Call Transcript

Oct 28, 2021 / 08:30AM GMT
Neil Murphy - Bytes Technology Group plc - CEO

(audio in progress) the financial year. And already we've seen growth of 7% -- 6% or 7% per client so far. So I expect that to grow as we get to complete financial year.

In terms of estimated average share of wallet, it's a very hard thing to know for certain. But from what our competitors guess and from what we've done from internal calculations, we think our estimated average share of wallet is around the 10% mark.

Now, bear in mind, some of our customers, we only do one deal a year. With others, we're doing deals every day of the week almost. In terms of the very best clients, I think we probably have up to 60% or 70% of the wallet share and a number of our largest clients who are also our best clients have multiples supplier arrangements, which goes some way to explain the wallet share statistics that I've presented to you.

Now, very importantly, every business now must be cognizant to ESG. I think from my perspective, I'm delighted that our style and the people driving the E and the S, particularly, there's a huge amount of

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