As the Australian market flirts with fresh intraday records, particularly with the ASX200 hovering around 8,650 points, investor sentiment appears cautiously optimistic despite recent volatility in the tech sector. In this environment, identifying high growth tech stocks requires a keen eye for companies that can navigate market fluctuations and capitalize on emerging opportunities, making them potential standouts amidst broader economic uncertainties.
Top 10 High Growth Tech Companies In Australia
Name | Revenue Growth | Earnings Growth | Growth Rating |
---|---|---|---|
Gratifii | 42.14% | 113.99% | ★★★★★★ |
Pro Medicus | 22.19% | 23.49% | ★★★★★★ |
WiseTech Global | 20.15% | 25.52% | ★★★★★★ |
Wrkr | 57.01% | 116.83% | ★★★★★★ |
AVA Risk Group | 29.15% | 108.15% | ★★★★★★ |
BlinkLab | 65.54% | 64.35% | ★★★★★★ |
Echo IQ | 61.50% | 65.86% | ★★★★★★ |
Immutep | 70.42% | 42.39% | ★★★★★☆ |
Adveritas | 52.34% | 88.83% | ★★★★★★ |
SiteMinder | 19.81% | 70.04% | ★★★★★☆ |
Click here to see the full list of 47 stocks from our ASX High Growth Tech and AI Stocks screener.
We'll examine a selection from our screener results.
Energy One (ASX:EOL)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Energy One Limited offers software solutions, outsourced operations, and advisory services for wholesale energy and environmental markets across Australasia and Europe, with a market cap of A$468.08 million.
Operations: Energy One Limited generates revenue primarily from its energy software industry segment, amounting to A$55.81 million. The company operates within the wholesale energy, environmental, and carbon trading markets in Australasia and Europe.
Energy One, recently added to the S&P/ASX All Ordinaries Index, showcases robust growth dynamics within Australia's tech sector. With a remarkable 273.3% earnings increase over the past year, significantly outpacing the software industry's average of 5.6%, Energy One demonstrates strong market performance and potential for sustained growth. This is further underscored by its forecasted annual earnings growth of 42%, which eclipses the broader Australian market's expectation of 11.6%. However, it is crucial to note significant insider selling in recent months which may warrant cautious optimism among investors. Despite this, with a solid return on equity projected at 15.5% in three years and positive free cash flow status, Energy One stands as a compelling case of a company leveraging high-quality earnings and strategic market positioning to potentially shape future industry standards.
- Click here to discover the nuances of Energy One with our detailed analytical health report.
Review our historical performance report to gain insights into Energy One's's past performance.
Infomedia (ASX:IFM)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Infomedia Ltd is a technology company that develops and supplies electronic parts catalogues, service quoting software, and e-commerce solutions for the automotive industry globally, with a market cap of A$471.74 million.
Operations: Infomedia generates revenue primarily through its publishing segment, specifically in periodicals, amounting to A$142.41 million. The company focuses on providing digital solutions for the automotive industry worldwide.
Infomedia, navigating the competitive tech landscape in Australia, has demonstrated notable financial agility with a significant 61.3% earnings growth over the past year, outperforming the software industry average of 5.6%. This growth trajectory is supported by an aggressive R&D investment strategy, crucial for maintaining its edge in innovation and service delivery in automotive software solutions. The company's revenue is also on an upward curve at 6.9% annually, surpassing the broader Australian market's growth rate of 5.6%. Despite recent executive changes that saw Joanne Hawkins resign as Company Secretary and Jon Brett step down as Chair due to health reasons, Infomedia's robust forecasted annual earnings growth of 19.9% and a promising return on equity projection of 21.7% position it well for future expansion within this dynamic sector.
- Navigate through the intricacies of Infomedia with our comprehensive health report here.
Evaluate Infomedia's historical performance by accessing our past performance report.
SiteMinder (ASX:SDR)
Simply Wall St Growth Rating: ★★★★★☆
Overview: SiteMinder Limited develops, markets, and sells online guest acquisition platforms and commerce solutions for accommodation providers globally, with a market cap of A$1.32 billion.
Operations: The company's primary revenue stream comes from its software and programming segment, generating A$203.65 million.
SiteMinder, a trailblazer in the Australian tech scene, is capitalizing on the global shift towards digital hospitality solutions. With an impressive 19.8% annual revenue growth and a projected earnings surge of 70% per year, the company is strategically investing in R&D to innovate further and stay ahead in the competitive market. This focus on development has led to significant advancements in their platform, enhancing user experience and efficiency for hotel operators worldwide. Despite not yet being profitable, SiteMinder's robust growth metrics and future profitability projections underscore its potential as a key player in transforming how hotels engage with technology.
- Dive into the specifics of SiteMinder here with our thorough health report.
Understand SiteMinder's track record by examining our Past report.
Taking Advantage
- Click this link to deep-dive into the 47 companies within our ASX High Growth Tech and AI Stocks screener.
- Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks.
- Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.
Curious About Other Options?
- 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.
New: AI Stock Screener & Alerts
Our new AI Stock Screener scans the market every day to uncover opportunities.
• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies
Or build your own from over 50 metrics.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
About ASX:IFM
Infomedia
A technology company, develops and supplies electronic parts catalogues, service quoting software, and e-commerce solutions for the automotive industry worldwide.
Flawless balance sheet and undervalued.
Similar Companies
Market Insights
Community Narratives

