Exploring High Growth Tech Stocks in the UK for November 2024

In This Article:

The United Kingdom's market has recently experienced a downturn, with the FTSE 100 closing lower due to weak trade data from China, highlighting concerns over global economic recovery and its impact on commodity-dependent sectors. In this challenging environment, identifying high-growth tech stocks in the UK requires focusing on companies that demonstrate resilience and innovation, as they are better positioned to navigate economic uncertainties and capitalize on emerging opportunities.

Top 10 High Growth Tech Companies In The United Kingdom

Name

Revenue Growth

Earnings Growth

Growth Rating

Gaming Realms

11.57%

22.07%

★★★★★☆

STV Group

13.15%

46.78%

★★★★★☆

Facilities by ADF

48.47%

189.97%

★★★★★☆

Redcentric

5.32%

67.90%

★★★★★☆

Windar Photonics

79.38%

195.81%

★★★★★☆

Beeks Financial Cloud Group

22.12%

36.94%

★★★★★☆

Seeing Machines

21.44%

97.64%

★★★★★☆

Oxford Biomedica

21.05%

93.23%

★★★★★☆

YouGov

8.52%

55.02%

★★★★★☆

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'll examine a selection from our screener results.

GB Group

Simply Wall St Growth Rating: ★★★★☆☆

Overview: GB Group plc, with a market cap of £944.43 million, offers identity data intelligence products and services across the United Kingdom, the United States, Australia, and globally.

Operations: GB Group plc generates revenue through three main segments: Identity (£159.78 million), Location (£83.94 million), and Fraud (£38.14 million).

GB Group, transitioning from a challenging past to promising growth, has recently pivoted into profitability with its latest earnings report showcasing a significant recovery. For the half-year ended September 30, 2024, the company's sales increased to £136.9 million from £132.36 million year-over-year, and it swung to a net income of £1.58 million from a previous net loss of £55.15 million. This turnaround is underscored by an expected annual earnings growth rate of 36.6%, outpacing the UK market forecast of 14.6%. Despite slower revenue growth projections at 6.9% annually—above the UK average but below high-growth benchmarks—GB Group's recent performance and strategic focus on enhancing its software solutions could position it well for sustained future growth in an increasingly digital landscape.

AIM:GBG Earnings and Revenue Growth as at Nov 2024
AIM:GBG Earnings and Revenue Growth as at Nov 2024

Informa

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Informa plc is an international company specializing in events, digital services, and academic research across the United Kingdom, Continental Europe, the United States, China, and other global markets with a market capitalization of £11.50 billion.