Simply Wall St
4 min read
As the Australian market edges towards the holiday season, it is experiencing a slight dip, largely attributed to profit-taking as major global indices approach record highs. In this context, high growth tech stocks in Australia can offer intriguing opportunities for investors seeking innovation and potential expansion, particularly when these companies demonstrate resilience and adaptability amidst fluctuating economic conditions.
|
Name |
Revenue Growth |
Earnings Growth |
Growth Rating |
|---|---|---|---|
|
Pureprofile |
10.51% |
37.56% |
★★★★★☆ |
|
Pro Medicus |
19.70% |
21.17% |
★★★★★☆ |
|
Kinatico |
13.27% |
42.29% |
★★★★☆☆ |
|
Clinuvel Pharmaceuticals |
22.02% |
23.88% |
★★★★★☆ |
|
BlinkLab |
104.90% |
101.40% |
★★★★★★ |
|
Xero |
18.02% |
24.83% |
★★★★☆☆ |
|
Wrkr |
35.94% |
53.22% |
★★★★★★ |
|
Artrya |
50.54% |
61.25% |
★★★★★☆ |
|
Ai-Media Technologies |
16.83% |
94.47% |
★★★★☆☆ |
|
FINEOS Corporation Holdings |
9.22% |
57.85% |
★★★★☆☆ |
Click here to see the full list of 22 stocks from our ASX High Growth Tech and AI Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
Simply Wall St Growth Rating: ★★★★☆☆
Overview: FINEOS Corporation Holdings plc develops and sells enterprise claims and policy management software for life, accident, and health insurers as well as employee benefits providers across North America, the Asia Pacific, the Middle East, and Africa; it has a market capitalization of approximately A$1.03 billion.
Operations: FINEOS generates revenue primarily from its software and programming segment, amounting to €135.90 million. The company focuses on providing specialized software solutions for insurers and benefits providers across various regions.
FINEOS Corporation Holdings has positioned itself distinctively in the high-growth tech sector of Australia, with a notable annual revenue growth rate of 9.2%. Despite its current unprofitability, the company’s strategic focus on software solutions for the insurance industry is underscored by robust plans for profitability within three years, reflecting an impressive expected earnings growth of 57.85% annually. Recent executive changes aim to further enhance governance and market strategy, as evidenced by Michael Kelly transitioning to Executive Chairman and the introduction of seasoned industry professionals like Stephen Devine to its Board. This leadership refresh promises to invigorate FINEOS’s trajectory amidst competitive pressures, potentially accelerating its journey towards positive cash flows and above-market performance.
