BMIT Technologies has reported revenue of €20.2 million for the six months to 30th June 2026, an increase of 10.3 per cent on the €18.3 million recorded in the same period last year, with growth driven by its Data Centre and Managed IT Services segment. Profit before tax stood at €3.1 million, compared with €3.4 million, reflecting a continued shift in revenue mix towards cloud and managed services, higher direct costs and the financing of the strategic investments completed during 2025.
The revenue growth came primarily from cloud, managed and professional services, together with the contribution from 56Bit Limited and a stable performance from the Mobile Network Towers and Property Holdings segment. Based on figures up to June 2026, cloud and managed services now account for close to 50% of group revenue, against 41% for same period last year.
EBITDA for the period was €5.8 million and operating profit €3.8 million, with profit after tax of €1.7 million. Operating costs before depreciation and amortisation rose to €14.4 million from €12.1 million, reflecting higher activity levels, the first full-period contribution from 56Bit Limited, and continued investment in the group’s service platform.
The change is being driven by demand across BMIT’s client base. Organisations are moving workloads off infrastructure they own and operate themselves, while tightening regulatory obligations are raising the standard they are required to meet on security, resilience and governance. The BMIT Group also recognised €0.6 million as its share of profit from associate investments.
“This is one business built on two pillars,” said Christian Sammut, Chief Executive Officer of BMIT Technologies. “We own digital infrastructure in Malta, the data centres we have operated for years and the mobile network towers we invested in more recently. We have also invested in Malta Properties Company p.l.c. On top of that infrastructure, we run managed IT services. Customers are moving off infrastructure they operate themselves and they want cloud, security and compliance handled properly. We can do that because we own the foundation, not just the service layer.”
The shift towards cloud and managed services carries a different cost structure to data centre and colocation services, which historically formed the larger share of group revenue.
“We have spent the past two years building the capability to do this properly, in the platform, in the team and in our majority investment in 56Bit,” Inġ. Sammut said. “That is where the investment has gone, and it is why customers are giving us more of the work.”
In respect of the 2025 financial year, the group declared a net dividend of €0.018 per share, amounting to €4 million, paid in June through either cash or a scrip dividend option.
The interim financial statements note that works on the group’s new office facilities in Żejtun are expected to begin during the second half of the year.
