High Growth Tech Stocks To Watch In September 2024

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Over the last 7 days, the United Kingdom market has remained flat, but it is up 10% over the past year with earnings forecasted to grow by 14% annually. In this context, identifying high growth tech stocks that can capitalize on these favorable conditions requires focusing on companies with strong earnings potential and innovative capabilities.

Top 10 High Growth Tech Companies In The United Kingdom

Name

Revenue Growth

Earnings Growth

Growth Rating

Altitude Group

23.46%

27.56%

★★★★★☆

Filtronic

21.64%

33.46%

★★★★★★

YouGov

14.31%

29.79%

★★★★★☆

STV Group

13.43%

47.09%

★★★★★☆

Redcentric

4.89%

63.79%

★★★★★☆

LungLife AI

100.61%

100.97%

★★★★★☆

Trustpilot Group

16.23%

31.98%

★★★★★☆

IQGeo Group

11.49%

63.61%

★★★★★☆

Beeks Financial Cloud Group

24.63%

57.95%

★★★★★☆

Vinanz

113.60%

125.86%

★★★★★☆

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

Let's review some notable picks from our screened stocks.

Tracsis

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Tracsis plc, with a market cap of £206.21 million, provides software and hardware solutions as well as data analytics/GIS services for the rail, traffic data, and transportation industries.

Operations: The company generates revenue primarily from two segments: Rail Technology & Services (£34.59 million) and Data, Analytics, Consultancy & Events (£44.80 million).

Tracsis, a UK-based tech firm specializing in software and AI solutions for transportation and traffic management, has demonstrated robust growth with earnings surging by 99.1% over the past year. The company's revenue is projected to grow at 6.3% annually, outpacing the broader UK market's 3.7%. Notably, Tracsis' R&D expenditure reflects its commitment to innovation; last year alone saw a significant investment of £4 million in this area. With earnings forecasted to expand by 40.6% per year, Tracsis stands poised for substantial future growth within its sector.

AIM:TRCS Earnings and Revenue Growth as at Sep 2024

Informa

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Informa plc operates as an international events, digital services, and academic research company in various regions including the United Kingdom, Continental Europe, the United States, and China with a market cap of £11.07 billion.

Operations: Informa generates revenue through four main segments: Informa Tech (£426.70 million), Informa Connect (£630.20 million), Informa Markets (£1.67 billion), and Taylor & Francis (£636.70 million). The company operates internationally, focusing on events, digital services, and academic research across multiple regions including the UK, Europe, the US, and China.