Stock Analysis

3 High Growth UK Tech Stocks To Watch In Your Portfolio

LSE:OXB
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The United Kingdom market has been flat over the last week but is up 11% over the past year, with earnings forecasted to grow by 14% annually. In such a dynamic environment, identifying high-growth tech stocks that align with these promising earnings projections can be an essential strategy for investors looking to strengthen their portfolios.

Top 10 High Growth Tech Companies In The United Kingdom

NameRevenue GrowthEarnings GrowthGrowth Rating
Gaming Realms11.57%22.07%★★★★★☆
STV Group13.15%46.78%★★★★★☆
YouGov14.29%29.79%★★★★★☆
Facilities by ADF52.00%144.70%★★★★★☆
LungLife AI100.61%100.97%★★★★★☆
Redcentric4.89%63.79%★★★★★☆
Windar Photonics63.60%126.92%★★★★★☆
Oxford Biomedica21.00%98.44%★★★★★☆
Beeks Financial Cloud Group22.12%36.94%★★★★★☆
Vinanz113.60%125.86%★★★★★☆

Click here to see the full list of 47 stocks from our UK High Growth Tech and AI Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

GB Group (AIM:GBG)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: GB Group plc, along with its subsidiaries, offers identity data intelligence products and services across the UK, US, Australia, and globally with a market capitalization of £809.29 million.

Operations: The company generates revenue through three primary segments: Identity (£156.06 million), Location (£81.07 million), and Fraud (£40.20 million). Its operations span the UK, US, Australia, and other international markets.

GB Group, navigating through a challenging yet opportunistic tech landscape, shows promising signs with expected revenue growth at 6.1% annually, outpacing the UK market's 3.5%. Despite current unprofitability, projections indicate a shift towards profitability within three years, buoyed by an earnings forecast growing at an impressive rate of 90.56% per year. Recent strategic moves include a dividend increase to 4.20 pence and an upcoming sales report set for mid-October which could provide further insights into its operational trajectory and market positioning.

AIM:GBG Revenue and Expenses Breakdown as at Oct 2024
AIM:GBG Revenue and Expenses Breakdown as at Oct 2024

Informa (LSE:INF)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Informa plc is an international company specializing in events, digital services, and academic research with operations spanning the United Kingdom, Continental Europe, the United States, China, and other regions globally; it has a market capitalization of approximately £10.93 billion.

Operations: Informa generates revenue primarily through its segments: Informa Markets (£1.67 billion), Informa Connect (£630.20 million), Informa Tech (£426.70 million), and Taylor & Francis (£636.70 million). The company operates across diverse sectors, focusing on events, digital services, and academic research globally.

Amidst a bustling tech landscape, Informa has positioned itself through strategic expansions and partnerships, notably enhancing its presence in luxury and lifestyle markets with Monaco, which could bolster its B2B events segment. Despite a challenging past year with earnings dipping by 11.3%, the company's forward-looking strategies signal revitalization, underscored by an aggressive share repurchase program that saw £338.9 million spent to buy back shares in the first half of 2024 alone. With R&D expenses aligned closely with revenue growth expectations of 7.6% annually—above the UK market average—Informa is nurturing a fertile ground for innovation, particularly in digital and tech sectors as part of its broader portfolio diversification strategy.

LSE:INF Revenue and Expenses Breakdown as at Oct 2024
LSE:INF Revenue and Expenses Breakdown as at Oct 2024

Oxford Biomedica (LSE:OXB)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Oxford Biomedica plc is a contract development and manufacturing organization that specializes in delivering therapies to patients globally, with a market capitalization of £437.24 million.

Operations: Oxford Biomedica generates revenue primarily through its Platform segment, which accounts for £97.24 million. The company operates as a contract development and manufacturing organization, focusing on global therapeutic delivery.

Oxford Biomedica is navigating a transformative phase with promising financial forecasts and strategic leadership enhancements. The company's revenue is expected to surge by 21% annually, outpacing the UK market's growth of 3.5%. This upward trajectory is supported by a robust R&D commitment, vital for sustaining long-term innovation in biotechnology. Recent earnings show a reduction in net loss to £32.49 million from £47.96 million year-over-year, alongside an aggressive revenue guidance projecting up to £134 million by year-end, illustrating potential recovery and growth. Moreover, the appointment of Lucinda Crabtree as CFO could inject new vigor into financial strategies, aligning with Oxford Biomedica’s ambitious expansion plans in gene and cell therapy sectors.

LSE:OXB Earnings and Revenue Growth as at Oct 2024
LSE:OXB Earnings and Revenue Growth as at Oct 2024

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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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