High Growth Tech Stocks In Australia For October 2024

Simply Wall St.10-15

The Australian market has remained flat over the past week but has experienced a significant 17% increase over the past year, with earnings anticipated to grow by 12% annually in the coming years. In ...

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In ...</p>\n\n<a href=\"https://finance.yahoo.com/news/high-growth-tech-stocks-australia-190507800.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance_au","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>High Growth Tech Stocks In Australia For October 2024</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHigh Growth Tech Stocks In Australia For October 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-15 03:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/high-growth-tech-stocks-australia-190507800.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Australian market has remained flat over the past week but has experienced a significant 17% increase over the past year, with earnings anticipated to grow by 12% annually in the coming years. In ...</p>\n\n<a href=\"https://finance.yahoo.com/news/high-growth-tech-stocks-australia-190507800.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XJO.AU","symbol_name":"标普/澳交所 200指数","start_time":0,"source_url":"https://finance.yahoo.com/news/high-growth-tech-stocks-australia-190507800.html","article_id":"2475312917","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/g2_mg575ViI8K4GruDHCHQ--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/67ac92a32c5f9073ba3559a3e119b22a"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2475312917","pubTimestamp":1728932707,"sourceInfo":{"source_id":"yahoofinance_au","name":"Yahoo Finance AU"},"weMediaInfo":null,"summary":"The Australian market has remained flat over the past week but has experienced a significant 17% increase over the past year, with earnings anticipated to grow by 12% annually in the coming years. In this context, identifying high-growth tech stocks involves looking for companies that not only align with these robust growth expectations but also demonstrate strong innovation and competitive positioning within their sector.Click here to see the full list of 64 stocks from our ASX High Growth Tech and AI Stocks screener.Overview: Nuix Limited is a company that offers investigative analytics and intelligence software solutions across various regions including the Asia Pacific, the Americas, Europe, the Middle East, and Africa, with a market cap of A$2.31 billion.ASX:NXL Earnings and Revenue Growth as at Oct 2024. Overview: Pro Medicus Limited is a healthcare informatics company that develops and supplies imaging software and radiology information system services to hospitals, imaging cent","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"XJO.AU":"标普/澳交所 200指数","BK7094":"医疗保健技术","XAO.AU":"标普/澳交所 普通股指数","PME.AU":"PRO MEDICUS LTD","BK7002":"互动媒体与服务","REA.AU":"REA GROUP LTD","XKO.AU":"标普/澳交所 300指数","BK7503":"科技股","BK7016":"应用软件","NXL.AU":"NUIX LTD"},"translate_title":"2024年10月澳大利亚高增长科技股","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NXL.AU":1,"REA.AU":1,"XAO.AU":1,"XJO.AU":1,"XKO.AU":1,"PME.AU":0.9},"content_text":"The Australian market has remained flat over the past week but has experienced a significant 17% increase over the past year, with earnings anticipated to grow by 12% annually in the coming years. In this context, identifying high-growth tech stocks involves looking for companies that not only align with these robust growth expectations but also demonstrate strong innovation and competitive positioning within their sector.\nTop 10 High Growth Tech Companies In Australia\n\n\n\nName\nRevenue Growth\nEarnings Growth\nGrowth Rating\n\n\nClinuvel Pharmaceuticals\n22.32%\n27.42%\n★★★★★★\n\n\nAdherium\n86.80%\n73.66%\n★★★★★★\n\n\nImExHS\n20.47%\n111.20%\n★★★★★★\n\n\nTelix Pharmaceuticals\n20.10%\n38.31%\n★★★★★★\n\n\nAVA Risk Group\n32.56%\n118.83%\n★★★★★★\n\n\nCareteq\n37.17%\n126.21%\n★★★★★☆\n\n\nPointerra\n56.62%\n126.45%\n★★★★★★\n\n\nWrkr\n36.31%\n100.29%\n★★★★★★\n\n\nAdveritas\n57.98%\n144.21%\n★★★★★★\n\n\nSiteMinder\n19.65%\n60.64%\n★★★★★☆\n\n\n\nClick here to see the full list of 64 stocks from our ASX High Growth Tech and AI Stocks screener.\nBelow we spotlight a couple of our favorites from our exclusive screener.\nNuix\nSimply Wall St Growth Rating: ★★★★☆☆\nOverview: Nuix Limited is a company that offers investigative analytics and intelligence software solutions across various regions including the Asia Pacific, the Americas, Europe, the Middle East, and Africa, with a market cap of A$2.31 billion.\nOperations: Nuix generates revenue primarily from its Software & Programming segment, which accounted for A$220.62 million. The company operates in multiple regions, providing specialized software solutions for investigative analytics and intelligence.\nNuix, recently added to the S&P/ASX 300 and Small Ordinaries Indexes, is navigating a transformative phase with strategic alliances like the one with Veritone, enhancing its eDiscovery and compliance platforms through AI integration. This collaboration aims to streamline complex data analysis, crucial as digital evidence volumes grow. Financially, Nuix turned a profit this year with earnings of AUD 5.03 million from a loss last year and reported an 11.8% revenue increase to AUD 220.62 million. The company's commitment to innovation is evident in its R&D spending which supports its forecasted earnings growth of 40.2% per annum, positioning it favorably in the tech sector despite slower market growth projections.\n\nClick here and access our complete health analysis report to understand the dynamics of Nuix.\nAssess Nuix's past performance with our detailed historical performance reports.\n\n\n\n\n  ASX:NXL Earnings and Revenue Growth as at Oct 2024\n \n\nPro Medicus\nSimply Wall St Growth Rating: ★★★★☆☆\nOverview: Pro Medicus Limited is a healthcare informatics company that develops and supplies imaging software and radiology information system services to hospitals, imaging centers, and healthcare groups across Australia, North America, and Europe, with a market cap of A$19.51 billion.\nOperations: The company generates revenue primarily through the production of integrated software applications for the healthcare industry, amounting to A$161.50 million. Its operations span Australia, North America, and Europe.\nPro Medicus demonstrates robust growth with a revenue increase to AUD 166.33 million and net income surging to AUD 82.79 million, reflecting a strong year-over-year performance. The company's strategic emphasis on R&D is evident from its significant investment, aligning with an 18.9% forecasted annual earnings growth, outpacing the Australian market's average of 12.2%. This focus not only fuels innovation but also positions Pro Medicus distinctively in the tech landscape, particularly as it capitalizes on trends like increased demand for advanced medical imaging solutions.\n\nClick to explore a detailed breakdown of our findings in Pro Medicus' health report.\nExamine Pro Medicus' past performance report to understand how it has performed in the past.\n\n\n\n\n  ASX:PME Earnings and Revenue Growth as at Oct 2024\n \n\nREA Group\nSimply Wall St Growth Rating: ★★★★☆☆\nOverview: REA Group Limited operates an online property advertising business across Australia, India, the United States, Malaysia, Singapore, Thailand, Vietnam, and other international markets with a market capitalization of approximately A$28.91 billion.\nOperations: The company generates revenue primarily through its property and online advertising segment in Australia, contributing A$1.25 billion, followed by financial services at A$320.6 million and operations in India at A$103.1 million. The focus on digital advertising across diverse markets supports its business model, with a notable emphasis on the Australian market for substantial revenue generation.\nREA Group, navigating through a challenging fiscal year with a net income drop to AUD 302.8 million from AUD 356.1 million, still managed to declare an increased dividend of 102 cents per share, up by 23%. This resilience is underscored by its R&D commitment, crucial in the tech-driven real estate sector. Despite a revenue growth forecast at 6.5%, below the high-growth benchmark of 20%, REA's earnings are expected to climb by 16.8% annually, outperforming the Australian market's average of 12.2%. This juxtaposition of declining profits against robust dividends and promising earnings growth highlights REA’s strategic balancing act in enhancing shareholder value while investing in innovation to stay competitive in the evolving digital landscape.\n\nGet an in-depth perspective on REA Group's performance by reading our health report here.\nLearn about REA Group's historical performance.\n\n\n\n\n  ASX:REA Earnings and Revenue Growth as at Oct 2024\n \n\nTurning Ideas Into Actions\n\nAccess the full spectrum of 64 ASX High Growth Tech and AI Stocks by clicking on this link.\nAre you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.\nUnlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.\n\nContemplating Other Strategies?\n\nExplore high-performing small cap companies that haven't yet garnered significant analyst attention.\nFuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.\nFind companies with promising cash flow potential yet trading below their fair value.\n\n This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.\nCompanies discussed in this article include ASX:NXL ASX:PME and ASX:REA.\nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2475312917"}