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BMIT pre-tax profits dip as cloud services expand
['The Business Picture Team', 'James Cummings', 'Guest Contribution']
The Business Picture
BMIT Technologies has reported pre-tax profits of €3.1 million for the first half of 2026, down from €3.4 million a year earlier despite increased revenue.
The company provides cloud, cybersecurity, data centre and managed IT services to more than 500 corporate clients.
Revenue increased by just over 10% to €20.2 million, compared with €18.3 million during the first six months of 2025.
Growth was driven mainly by cloud, managed and professional services, alongside the contribution from AWS specialist 56Bit, in which BMIT holds a majority stake.
Cloud and managed services generated close to half of the group’s revenue, up just under 10 percentage points compared to the first six months of last year.