The United Kingdom market has been flat over the past week but has seen an 11% rise over the last 12 months, with earnings forecasted to grow by 14% annually. In this context, identifying high growth tech stocks like GB Group and others can be crucial for investors seeking opportunities that align with these promising earnings projections and market trends.
Top 10 High Growth Tech Companies In The United Kingdom
Overview: GB Group plc, along with its subsidiaries, offers identity data intelligence products and services across the United Kingdom, the United States, Australia, and globally, with a market cap 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).
GB Group, navigating through a challenging tech landscape, recently declared a dividend increase to 4.20 pence, signaling financial health amid unprofitability. With revenue growth forecasted at 6.1% annually—outpacing the UK market average of 3.5%—the company is poised for recovery despite current earnings difficulties. Notably, R&D investments remain robust, aligning with an impressive anticipated earnings surge of 90.56% yearly, reflecting GB Group's commitment to innovation and future profitability within the competitive software sector. These strategic moves could potentially reshape its market standing and investor outlook as it transitions towards profitability over the next three years.
Overview: Team Internet Group plc operates globally in the domain name services sector and has a market capitalization of ￡317.42 million.
Operations: The company generates revenue primarily through its Online Marketing segment, which contributes $665.20 million, and its Online Presence segment, accounting for $185 million.
Team Internet Group, amidst a volatile share price, has demonstrated robust financial maneuvers with a notable interim dividend of 1.0 pence and aggressive share repurchases totaling ￡33.75 million this year, reflecting confidence in its liquidity and shareholder value strategy. The company's R&D commitment is evident as it aligns with an 8.6% forecasted annual revenue growth—outpacing the UK market average of 3.5%. Moreover, earnings are projected to surge by 19.2% annually, showcasing its potential to outperform sector averages significantly while reinforcing its market position through strategic reinvestments in innovation and technology development.
Overview: Informa plc is an international company specializing in events, digital services, and academic research across various regions including the United Kingdom, Continental Europe, the United States, and China, with a market capitalization of approximately ￡10.93 billion.
Operations: Informa generates revenue through its diverse segments: Informa Tech (￡426.70 million), Informa Connect (￡630.20 million), Informa Markets (￡1.67 billion), and Taylor & Francis (￡636.70 million). The company's operations span events, digital services, and academic research across multiple regions, contributing to its substantial market presence.
Informa, while not topping the charts in high-growth tech within the UK, shows promising dynamics with an expected revenue increase of 7.6% annually and a more impressive projected earnings growth of 22.5% per year. These figures are particularly notable given the broader UK market's average growth rates of 3.5% for revenue and 14.1% for earnings respectively. The company has also been active in enhancing shareholder value through significant share repurchases amounting to ￡338.9 million in the first half of 2024 alone, underscoring a strong commitment to returning capital to shareholders while navigating through financial complexities marked by a substantial one-off loss of ￡213.5 million last year. Recent strategic moves include expanding long-term partnerships and acquiring Ascential plc, positioning Informa well within luxury and lifestyle markets—a sector where it already enjoys robust relationships, like with Monaco over the past decade—thereby diversifying its revenue streams which could bolster future performance despite current industry challenges such as negative earnings growth last year compared to its peers.
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.
Companies discussed in this article include AIM:GBG AIM:TIG and LSE:INF.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]
