High Growth Tech Stocks In The United Kingdom To Watch This September 2024

In This Article:

The United Kingdom's FTSE 100 index recently experienced a downturn, closing 0.4% lower at 7,527.42 due to weak trade data from China, highlighting the ongoing struggles of the global economy post-pandemic. Amid these broader market challenges, identifying high-growth tech stocks becomes crucial for investors seeking opportunities in sectors less impacted by international trade fluctuations and more driven by innovation and domestic demand.

Top 10 High Growth Tech Companies In The United Kingdom

Name

Revenue Growth

Earnings Growth

Growth Rating

Gaming Realms

11.57%

22.07%

★★★★★☆

STV Group

13.15%

46.78%

★★★★★☆

Altitude Group

23.46%

27.56%

★★★★★☆

YouGov

14.29%

29.79%

★★★★★☆

Facilities by ADF

52.00%

144.70%

★★★★★☆

Redcentric

4.89%

63.79%

★★★★★☆

Windar Photonics

67.08%

130.82%

★★★★★☆

LungLife AI

100.61%

100.97%

★★★★★☆

IQGeo Group

11.49%

63.61%

★★★★★☆

Beeks Financial Cloud Group

24.63%

57.95%

★★★★★☆

Click here to see the full list of 46 stocks from our UK High Growth Tech and AI Stocks screener.

We'll examine a selection from our screener results.

IDOX

Simply Wall St Growth Rating: ★★★★☆☆

Overview: IDOX plc, through its subsidiaries, provides software and services for the management of local government and other organizations in the United Kingdom, the United States, rest of Europe, and internationally with a market cap of £280.03 million.

Operations: IDOX generates revenue primarily from three segments: Land Property & Public Protection (£50.91 million), Communities (£14.99 million), and Assets (£14.75 million). The company's market cap stands at £280.03 million, reflecting its significant presence in the software and services sector for local governments and other organizations globally.

Software firms are increasingly moving to SaaS models, ensuring recurring revenue from subscriptions. IDOX, with its forecasted 7.4% annual revenue growth outpacing the UK market's 3.8%, exemplifies this trend. The company's R&D expenses of £12M last year underscore its commitment to innovation, contributing to an expected 23.9% annual earnings growth over the next three years. Recent executive changes, including Mark Milner's appointment as Non-Executive Director, bolster strategic leadership and future prospects in B2B and B2C segments.

AIM:IDOX Revenue and Expenses Breakdown as at Sep 2024
AIM:IDOX Revenue and Expenses Breakdown as at Sep 2024

M&C Saatchi

Simply Wall St Growth Rating: ★★★★☆☆

Overview: M&C Saatchi plc offers advertising and marketing communications services across various regions including the United Kingdom, Europe, the Middle East, Africa, the Asia Pacific, and the Americas with a market cap of £234.12 million.