Tracsis And 2 Other High Growth Tech Stocks To Watch In The UK

In This Article:

The market in the United Kingdom has been flat in the last week, but it has risen 9.5% over the past 12 months with earnings expected to grow by 14% per annum over the next few years. In such a dynamic environment, identifying high growth tech stocks like Tracsis and others can be crucial for investors looking to capitalize on emerging opportunities.

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.

Let's explore several standout options from the results in the screener.

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/GIS services for the rail, traffic data, and transportation sectors.

Operations: Tracsis generates revenue primarily from two segments: Rail Technology & Services (£34.59 million) and Data, Analytics, Consultancy & Events (£44.80 million). The company operates in the rail, traffic data, and transportation industries through a combination of software/hardware solutions and data analytics services.

Tracsis, a standout in the UK tech sector, is experiencing significant growth with its earnings forecasted to increase by 40.6% annually over the next three years. The company has shown impressive performance, with earnings growing by 99.1% last year, far outpacing the software industry's 16.2%. Tracsis’s revenue is projected to grow at 6.3% per year, faster than the UK market's average of 3.7%. Their strategic investments in R&D underscore their commitment to innovation and future growth potential.

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 the United Kingdom, Continental Europe, the United States, China, and internationally with a market cap of £11.02 billion.

Operations: Informa generates revenue through its 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 in the events, digital services, and academic research sectors across various regions including the UK, Continental Europe, the US, and China.