High Growth Tech Stocks To Watch In The UK For September 2024

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The London stock market has recently faced challenges, with the FTSE 100 and FTSE 250 indices both closing lower due to weak trade data from China, highlighting concerns about global economic recovery. In this environment, identifying high growth tech stocks in the UK requires a focus on companies that demonstrate strong innovation and resilience amidst broader market volatility.

Top 10 High Growth Tech Companies In The United Kingdom

Name

Revenue Growth

Earnings Growth

Growth Rating

STV Group

13.15%

46.78%

★★★★★☆

Altitude Group

23.46%

27.56%

★★★★★☆

Filtronic

21.83%

33.45%

★★★★★★

YouGov

14.29%

29.79%

★★★★★☆

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.

We'll examine a selection from our screener results.

Tracsis

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Tracsis plc, with a market cap of £209.33 million, offers software and hardware solutions as well as data analytics and GIS services for the rail, traffic data, and transportation sectors.

Operations: Tracsis generates revenue through two primary segments: Rail Technology & Services (£34.59 million) and Data, Analytics, Consultancy & Events (£44.80 million). The company focuses on providing specialized solutions for the rail, traffic data, and transportation sectors.

Tracsis, a prominent player in the UK tech sector, has demonstrated robust earnings growth of 99.1% over the past year, significantly outpacing the software industry’s 16.2%. The company’s revenue is projected to grow at 6.3% annually, faster than the UK market's 3.7%. With expected annual profit growth of 40.6%, Tracsis is well-positioned for future expansion. Notably, their R&D expenses reflect a strong commitment to innovation and long-term competitiveness.

AIM:TRCS Revenue and Expenses Breakdown as at Sep 2024

Informa

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Informa plc is an international company specializing in events, digital services, and academic research with operations spanning the United Kingdom, Continental Europe, the United States, China, and other global markets; it has a market cap of £11.02 billion.

Operations: Informa plc 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's diverse portfolio spans events, digital services, and academic research across multiple regions including the UK, Continental Europe, the US, and China.