How have tech stocks fared over the past few years — as investors re-focus on the resources recovery?

We had a look back at 2015 — a big year for tech stocks: Updater hit the boards, blockchain babes Reffind and First Growth Funds took their first steps, and Over The Wire started its upwards run.

Some 33 tech companies launched on the ASX in 2015 including ten reverse takeovers.

(First Growth Funds (ASX:FGF) technically didn’t list, but came out of a four-year suspension after it fell into administration in 2011.)

Of the tech stocks we looked at (see table below) only seven have made shareholders significant money since 2015.

Updater (ASX:UPD) has been the clear winner, rising 369 per cent since the end of 2015.

Updater offers an app that helps people move house or office and makes money from services such as booking removalists.

Telco Over The Wire Holdings (ASX:OTW) is second — up 151 per cent since 2015.

ASX Code Name Price change 2015-2018 Price: Mar 29, 2018 Price: Dec 31, 2015 Market Cap: Dec 31, 2015 Market Cap: Mar 29, 2018
XTV XTV NETWORKS (suspended) -0.111111111111 0.008 0.009 10.31M N/A
UPD UPDATER 3.69230769231 1.22 0.26 110.82M 648.29M
TBH TOPBETTA HOLDING -0.243243243243 0.14 0.185 17.83M 23.55M
SLC SUPERLOOP -0.0344593940567 1.995 2.0662 246.87M 454.69M
SFI SPOOKFISH 0.307692307692 0.068 0.052 42.66M 74.24M
RNT RENT.COM.AU -0.719118091211 0.093 0.3311 34.33M 18.19M
RFN REFFIND -0.979032258065 0.013 0.62 62.00M 7.22M
PPL PUREPROFILE -0.725 0.11 0.4 24.86M 15.01M
OTW OVER THE WIRE 1.50833333333 3.01 1.2 52.20M 134.97M
NOR NORWOOD SYSTEMS -0.859484777518 0.012 0.0854 75.48M 16.22M
MX1 MICRO-X -0.321974965229 0.39 0.5752 69.26M 54.85M
MTL MANALTO (suspended) -0.9125 0.007 0.08 9.80M 2.6M
MP1 MEGAPORT 0.322580645161 3.69 2.79 195.19M 433.72M
MOQ MOQ (MONTECH) -0.2 0.28 0.35 37.70M 45.17M
MJP MARTIN AIRCRAFT -0.973793103448 0.019 0.725 178.27M 8.33M
KNO KNOSYS -0.794871794872 0.08 0.39 30.46M 6.92M
IGL IVE GROUP 0.0948905109489 2.16 1.9728 177.71M 319.90M
IB8 IBOSSES CORP (suspended) 0.904761904762 0.4 0.21 23.87M 46.4M
FRX FLEXIROAM -0.567567567568 0.08 0.185 34.82M 15.50M
FGF FIRST GROWTH FUNDS -0.263157894737 0.014 0.019 8.48M 19.45M
FFT FUTURE FIBRE NETWORKS -0.86 0.16 1.15 138.71M 33.78M
DUB DUBBER CORP -0.507042253521 0.35 0.71 52.12M 48.73M
DMC DIGIMATIC GROUP -0.95 1 20 273.47M 43.58M
CV1 CV CHECK -0.798529812143 0.074 0.3673 67.73M 18.21M
CSK CROWDSPARK (NEWZULU) -0.981896811827 0.072 3.9772 31.19M 2.67M
CL1 CLASS 0.335195530726 2.39 1.79 209.11M 281.21M
BRN BRAINCHIP -0.364651520986 0.165 0.2597 174.43M 159.90M
AYS AMAYSIM -0.502173913043 1.145 2.3 405.18M 254.01M
ACU ACTIVISTIC (suspended) -0.84375 0.015 0.096 17.26M 8.3M
8EC 8IP EMERGING -0.0569948186528 0.91 0.965 -- 37.33M
1ST 1ST GROUP (1ST AVAILABLE) -0.4625 0.043 0.08 7.98M 8.48M

* Highlighted companies listed via reverse takeover.

iBosses (ASX:IB8) was also a winner — but was suspended from trading in July following questions over its market disclosures. A new company secretary has since taken the business in hand.

At the other end of the table, the wheels fell off XTV Networks (ASX:XTV) just over a year after it backdoor-listed on to the ASX.

For Martin Aircraft (ASX:MJP), Activistic (ASX:ACU) and Digimatic (ASX:DMC), the end came last year.

Among those that tried and failed to list in 2015 were Mazu Alliance, an unusual company that operates religious shrines, First2Move, and Hancox Racing — which according to ASIC records has been trying to list since 2013 and was still filing applications last year.

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