High Growth Tech Stocks To Watch In March 2025

Amidst a backdrop of fluctuating global markets and a recent dip in Australian shares, the focus on high growth tech stocks remains strong as investors navigate the shifting economic landscape. With market volatility influenced by international monetary policies and local economic indicators, identifying promising tech stocks involves assessing their potential for innovation and resilience in an evolving environment.

Top 10 High Growth Tech Companies In Australia

Click here to see the full list of 50 stocks from our ASX High Growth Tech and AI Stocks screener.

Here's a peek at a few of the choices from the screener.

Life360 (ASX:360)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Life360, Inc. operates a technology platform focused on locating people, pets, and things across various regions globally and has a market cap of approximately A$4.82 billion.

Operations: The company generates revenue primarily from its Software & Programming segment, which amounts to $371.48 million. The platform's focus is on providing location-based services across multiple regions, contributing to its market presence and financial performance.

Life360's recent strategic appointment of Vari Bindra as CISO underscores its commitment to enhancing security, pivotal for its vision to be the most trusted brand in family safety. This move complements a robust financial trajectory, with a reported Q4 revenue jump to $115.53 million from $86.96 million year-over-year and a swing to net income of $8.5 million from a previous loss. Looking ahead, Life360 forecasts an optimistic FY 2025 with revenues between $450 million and $480 million and adjusted EBITDA of $65 million to $75 million, signaling strong forward momentum in both security innovation and financial health.

• Dive into the specifics of Life360 here with our thorough health report.

• Gain insights into Life360's historical performance by reviewing our past performance report.

Codan (ASX:CDA)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Codan Limited is a company that develops technology solutions for various sectors including United Nations organizations, security and military groups, government departments, individuals, and small-scale miners, with a market cap of A$2.95 billion.

Operations: Codan Limited generates revenue primarily through its Communications and Metal Detection segments, with A$360.27 million and A$224.90 million respectively.

With an annual revenue growth of 11.9% and earnings surging by 19.4%, Codan stands out in Australia's tech landscape, particularly within the electronic sector where it outpaces industry growth rates of 9.7%. The company's commitment to innovation is evident from its strategic R&D investments, which are crucial for maintaining its competitive edge in developing sophisticated communication solutions. Recent financial results highlight a robust half-year performance with sales climbing to AUD 305.62 million and net income reaching AUD 46.04 million, reflecting a solid uptick from the previous year. This financial health supports Codan’s ability to sustain dividends, evidenced by a recent increase to AUD 0.125 per share, reinforcing investor confidence amidst expanding operations.

• Get an in-depth perspective on Codan's performance by reading our health report here.

• Gain insights into Codan's past trends and performance with our Past report.

SEEK (ASX:SEK)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: SEEK Limited operates as an online employment marketplace service provider across Australia, South East Asia, New Zealand, the United Kingdom, Europe, and internationally with a market capitalization of approximately A$8.22 billion.

Operations: SEEK Limited generates revenue primarily from its Employment Marketplaces, with A$821.40 million coming from ANZ and A$240.90 million from Asia. The company focuses on providing online employment services across various regions globally.

Despite a challenging year with a significant one-off loss of A$119.8 million impacting its financials, SEEK Limited demonstrates resilience and potential for recovery. The company's revenue is expected to grow by 9.3% annually, outpacing the Australian market average of 5.9%. Moreover, SEEK's earnings are projected to surge by 25.8% per year, significantly above the market growth rate of 12.2%. This robust forecast is supported by recent corporate actions including a dividend increase and positive earnings guidance for fiscal year 2025, suggesting confidence in its strategic direction and operational efficiency amidst evolving industry dynamics.

• Unlock comprehensive insights into our analysis of SEEK stock in this health report.

• Learn about SEEK's historical performance.

Next Steps

• Investigate our full lineup of 50 ASX High Growth Tech and AI Stocks right here.
• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
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Interested In Other Possibilities?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

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.

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