Exploring Genus And 2 Other High Growth Tech Stocks In The UK

In This Article:

Despite recent declines in the FTSE 100 and FTSE 250 indices, driven by weak trade data from China and falling commodity prices, the UK market remains a fertile ground for high-growth technology stocks. In this article, we explore Genus and two other promising tech companies that are navigating these challenging conditions with innovative solutions and robust growth strategies.

Top 10 High Growth Tech Companies In The United Kingdom

Name

Revenue Growth

Earnings Growth

Growth Rating

STV Group

13.15%

46.78%

★★★★★☆

Gaming Realms

11.57%

22.07%

★★★★★☆

YouGov

14.29%

29.79%

★★★★★☆

Altitude Group

23.46%

27.56%

★★★★★☆

Facilities by ADF

52.00%

144.70%

★★★★★☆

Redcentric

4.89%

63.79%

★★★★★☆

Windar Photonics

63.60%

126.92%

★★★★★☆

Beeks Financial Cloud Group

24.63%

57.95%

★★★★★☆

Oxford Biomedica

20.98%

106.13%

★★★★★☆

Vinanz

113.60%

125.86%

★★★★★☆

Click here to see the full list of 47 stocks from our UK High Growth Tech and AI Stocks screener.

We're going to check out a few of the best picks from our screener tool.

Genus

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Genus plc is an animal genetics company with operations across North America, Latin America, the United Kingdom, Europe, the Middle East, Russia, Africa, and Asia and has a market cap of £1.32 billion.

Operations: Genus plc generates revenue primarily through its two main segments: Genus ABS, which contributed £314.90 million, and Genus PIC, which brought in £352.50 million. The company operates globally across various regions including North America, Latin America, the United Kingdom, Europe, the Middle East, Russia, Africa, and Asia.

Genus plc, navigating a challenging fiscal year with sales dipping to £668.8 million from £689.7 million, still projects robust earnings growth at 39.4% annually, outpacing the UK market's 14.3%. Despite a significant one-off loss of £47.4 million affecting its recent financials and reducing net income to £7.9 million from last year's £33.3 million, the company maintains optimism with an expected revenue increase of 4.1% per year—slightly ahead of the market average of 3.8%. This resilience in forecasted growth amidst current adversities highlights Genus's potential in leveraging R&D for recovery and innovation in biotech, aligning with industry advancements despite current setbacks.

LSE:GNS Revenue and Expenses Breakdown as at Oct 2024
LSE:GNS Revenue and Expenses Breakdown as at Oct 2024

NCC Group

Simply Wall St Growth Rating: ★★★★☆☆

Overview: NCC Group plc operates in the cyber and software resilience industry across the United Kingdom, Asia-Pacific, North America, and Europe, with a market cap of £542.72 million.