Operations: Pro Medicus Limited generates revenue primarily from producing integrated software applications for the healthcare industry, totaling A$161.50 million. The company's offerings are targeted at hospitals, imaging centers, and healthcare groups across Australia, North America, and Europe.

Pro Medicus has demonstrated impressive financial performance, with earnings growth of 36.5% over the past year, outpacing the Healthcare Services industry at 13.3%. Revenue for the year ending June 30, 2024, rose to AUD 166.33 million from AUD 127.33 million previously, an increase of approximately 30%. The company’s R&D expenses have been substantial, contributing to its innovative edge in medical imaging software solutions. With a forecasted annual revenue growth rate of 16.8%, Pro Medicus is positioned well above the Australian market's average growth rate of 5.3%, reflecting strong future prospects in tech-driven healthcare advancements.

• Take a closer look at Pro Medicus' potential here in our health report.

• Gain insights into Pro Medicus' past trends and performance with our Past report.

WiseTech Global

Simply Wall St Growth Rating: ★★★★★☆

Overview: WiseTech Global Limited develops and provides software solutions for the logistics execution industry across various regions including the Americas, Asia Pacific, Europe, the Middle East, and Africa, with a market cap of A$40.42 billion.

Operations: WiseTech Global Limited generates revenue primarily from its Internet Software & Services segment, which accounted for A$1.04 billion. The company focuses on providing software solutions tailored to the logistics execution industry across multiple regions worldwide.

WiseTech Global has shown robust growth, with earnings increasing by 23.8% over the past year, significantly outpacing the Software industry’s 6.8%. Revenue surged to AUD 1.04 billion from AUD 816.8 million, reflecting a dynamic market presence and strong client base in logistics software solutions. The company’s R&D expenses are notable at AUD 161.4 million, underscoring its commitment to innovation and maintaining a competitive edge in AI-driven logistics technology. Future revenue growth is forecasted at an impressive rate of 19.1% annually, bolstered by strategic investments and expanding global operations.

• Unlock comprehensive insights into our analysis of WiseTech Global stock in this health report.

• Review our historical performance report to gain insights into WiseTech Global's's past performance.

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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.

Companies discussed in this article include ASX:CUV ASX:PME and ASX:WTC.

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