Here it is – your fortnightly tech stocks wrap

 

Industry spotlight

Nigeria’s tech ecosystem is still fledgling but it is one of the largest in Africa. Nigerian start ups see more venture investment than anywhere else in Africa.

According to tech investment platform Partech, Nigerian tech firms raised $747m in 2019 — a higher share of the $2 billion pie than anywhere else in Africa.

Another reason Nigeria’s tech ecosystem is developing is because of help from big American tech companies. Google launched a Developers Space in Lagos last month and Facebook have run a female-founder focused initiative for a year.

But in recent months, relations between Nigeria and the US — a heavy source of funding for Nigerian start ups — have deteriorated. America no longer issues immigrant visas to Nigerian applicants.

One of Nigeria’s most well known entrepreneurs Iyinoluwa Aboyeji thinks it could be both a curse and a blessing.

Meanwhile in China, it’s not just the face-mask and sanitiser sellers that are doing well thanks to the coronavirus.

A blockchain firm in China, Hyperchain, announced the launch of a blockchain-based platform to manage donations to hospitals in central China.

Hyperchain claims that donors will be able to see where exactly their money is going to and what it is being used for.

 

Small cap spotlight

ASX tech stocks have retreated by 5 per cent in the last fortnight but are sitting on a 16 per cent gain in the last 12 months.

Here are all the ASX small cap technology stocks and their performance in the past fortnight:

Swipe or scroll to reveal the full table. Click headings to sort

Ticker Name Price (I) Total Return:W-2 Total Return:Y-1 (I) Market Cap
IOD IODM LTD 0.17 17 695 $ 95,273,632.00
CT1 CCP TECHNOLOGIES LTD 0.037 26 382 $ 37,755,484.00
WZR WISR LTD 0.285 0 312 $ 261,755,360.00
SM8 SMART MARINE SYSTEMS LTD 0.06 -3 305 $ 19,438,450.00
EOL ENERGY ONE LTD 3.55 9 228 $ 78,835,952.00
BTH BIGTINCAN HOLDINGS LTD 0.9475 10 211 $ 293,043,616.00
FTC FINTECH CHAIN LTD 0.11 -8 197 $ 71,584,656.00
NET NETLINKZ LTD 0.085 -24 186 $ 148,001,008.00
PRO PROPHECY INTERNATIONAL HLDGS 0.895 45 178 $ 56,968,708.00
CAT CATAPULT GROUP INTERNATIONAL 1.995 -6 157 $ 385,608,128.00
EVS ENVIROSUITE LTD 0.245 7 155 $ 111,468,664.00
DUB DUBBER CORP LTD 1.18 -5 148 $ 218,014,112.00
BCC BEAM COMMUNICATIONS HOLDINGS 0.345 8 146 $ 18,241,340.00
CCA CHANGE FINANCIAL LTD 0.175 -3 143 $ 17,483,418.00
HIL HILLS LTD 0.42 -3 126 $ 99,753,776.00
COO CORUM GROUP LTD 0.079 1 126 $ 31,802,840.00
8CO 8COMMON LTD 0.086 -9 110 $ 14,707,071.00
SPZ SMART PARKING LTD 0.235 -4 100 $ 82,619,536.00
CXZ CONNEXION TELEMATICS LTD 0.02 -9 100 $ 17,263,302.00
RUL RPMGLOBAL HOLDINGS LTD 1.1 -1 100 $ 239,898,288.00
CSV CSG LTD 0.3075 0 98 $ 138,146,544.00
SLX SILEX SYSTEMS LTD 0.33 -11 94 $ 57,013,220.00
K2F K2FLY LTD 0.23 -7 92 $ 20,647,270.00
BCT BLUECHIIP LTD 0.12 -14 87 $ 74,130,952.00
UBN URBANISE.COM LTD 0.063 5 80 $ 46,462,356.00
KNO KNOSYS LTD 0.075 -20 74 $ 11,162,668.00
CGO CPT GLOBAL LIMITED 0.24 2 67 $ 9,189,372.00
9SP 9 SPOKES INTERNATIONAL LTD 0.023 31 64 $ 24,826,748.00
VR1 VECTION TECHNOLOGIES LTD 0.024 4 60 $ 15,772,120.00
RHP RHIPE LTD 2.19 -7 50 $ 299,846,816.00
CNW CIRRUS NETWORKS HOLDINGS LTD 0.034 -11 48 $ 30,035,060.00
CL1 CLASS LTD 2.08 5 45 $ 250,427,152.00
CV1 CV CHECK LTD 0.125 -20 43 $ 35,063,720.00
MNY MONEY3 CORP LTD 2.44 0 43 $ 451,298,880.00
DSE DROPSUITE LTD 0.047 -15 42 $ 23,202,986.00
ELO ELMO SOFTWARE LTD 7.1 5 40 $ 530,509,536.00
SNS SENSEN NETWORKS LTD 0.125 10 39 $ 51,432,148.00
VLT VAULT INTELLIGENCE LTD 0.3 -26 38 $ 35,199,180.00
TNT TESSERENT LTD 0.064 -25 36 $ 27,445,702.00
SCL SCHROLE GROUP LTD 0.019 -21 36 $ 16,902,784.00
JAN JANISON EDUCATION GROUP LTD 0.43 -8 35 $ 77,202,440.00
KYK KYCKR LTD 0.086 -16 33 $ 19,262,464.00
MOB MOBILICOM LTD/AUSTRALIA 0.099 -6 27 $ 25,535,734.00
GSW GETSWIFT LTD 0.57 9 26 $ 111,244,096.00
CWL CHANT WEST HOLDINGS LTD 0.064 12 25 $ 8,178,970.50
SKF SKYFII LTD 0.185 16 23 $ 63,559,160.00
NOR NORWOOD SYSTEMS LTD 0.049 11 23 $ 10,940,233.00
SMX SECURITY MATTERS LTD 0.35 -10 20 $ 39,596,884.00
MOQ MOQ LTD 0.24 9 20 $ 42,591,272.00
WJA WAMEJA LTD 0.13 35 18 $ 157,410,592.00
JCS JCURVE SOLUTIONS LTD 0.033 22 10 $ 10,819,278.00
RCL READCLOUD LTD 0.32 -12 7 $ 31,329,778.00
PYG PAYGROUP LTD 0.68 -1 6 $ 47,536,868.00
TCN TECHNICHE LTD 0.037 0 6 $ 7,796,615.00
3DP POINTERRA LTD 0.046 -10 5 $ 25,705,040.00
RDF REDFLEX HOLDINGS LTD 0.55 -3 1 $ 80,807,800.00
KTE K2 ENERGY LTD 0.006 20 0 $ 1,803,942.88
HYD HYDRIX LTD 0.23 -13 0 $ 17,623,120.00
CCG COMMSCHOICE GROUP LTD 0.063 11 0 $ 11,993,645.00
ODA ORCODA LTD 0.2 -5 0 $ 21,707,706.00
NVX NOVONIX LTD 0.45 1 0 $ 58,824,644.00
CIO CONNECTED IO LTD 0.003 -14 0 $ 7,222,746.00
RXP RXP SERVICES LTD 0.48 -14 0 $ 77,326,648.00
DWS DWS LTD 1.1 3 -1 $ 145,014,464.00
PVS PIVOTAL SYSTEMS CORP INC-CDI 1.67 11 -1 $ 189,577,248.00
4DS 4DS MEMORY LTD 0.06 0 -2 $ 67,203,632.00
RKN RECKON LTD 0.675 -11 -3 $ 73,641,640.00
FZO FAMILY ZONE CYBER SAFETY LTD 0.16 -9 -3 $ 38,260,268.00
ISD ISENTIA GROUP LTD 0.265 -12 -6 $ 51,000,000.00
OTW OVER THE WIRE HOLDINGS LTD 4.35 -3 -6 $ 224,633,696.00
NOV NOVATTI GROUP LTD 0.185 -10 -8 $ 30,953,702.00
AR9 ARCHTIS LTD 0.11 -12 -8 $ 13,540,668.00
DTS DRAGONTAIL SYSTEMS LTD 0.145 -17 -9 $ 37,332,512.00
RLG ROOLIFE GROUP LTD 0.03 -12 -9 $ 10,218,639.00
AVA AVA RISK GROUP LTD 0.145 -3 -9 $ 33,946,756.00
SEN SENETAS CORP LTD 0.066 -3 -11 $ 73,575,944.00
VOR VORTIV LTD 0.007 -20 -11 $ 22,313,442.00
SMN STRUCTURAL MONITORING-CDI 0.81 -7 -16 $ 94,343,152.00
MPW MSL SOLUTIONS LTD 0.083 -3 -16 $ 26,747,428.00
RD1 REGISTRY DIRECT LTD 0.02 0 -17 $ 3,447,466.50
EPD EMPIRED LTD 0.4 0 -18 $ 63,969,632.00
TBL TAMBLA LTD 0.405 4 -19 $ 8,021,556.50
RCW RIGHTCROWD LTD 0.26 0 -21 $ 51,814,648.00
LVT LIVETILES LTD 0.325 13 -21 $ 253,822,704.00
JXT JAXSTA LTD 0.11 -21 -21 $ 25,494,910.00
DTC DAMSTRA HOLDINGS LTD 1.12 12 -22 $ 150,483,408.00
DTZ DOTZ NANO LTD 0.06 3 -24 $ 18,585,270.00
IHR INTELLIHR LTD 0.091 -13 -24 $ 17,473,868.00
IXU IXUP LTD 0.06 -5 -24 $ 13,309,271.00
AMO AMBERTECH LTD 0.09 -9 -25 $ 6,880,949.50
ESK ETHERSTACK PLC-CDI 0.16 -37 -26 $ 18,076,102.00
ADA ADACEL TECHNOLOGIES LTD 0.67 -15 -26 $ 47,655,840.00
DXN DXN LTD 0.045 -8 -29 $ 19,985,282.00
BID BIDENERGY LTD 1.09 -1 -31 $ 135,730,112.00
MNW MINT PAYMENTS LTD 0.017 -19 -32 $ 15,478,161.00
ELS ELSIGHT LTD 0.36 -1 -32 $ 38,413,548.00
ADJ ADSLOT LTD 0.029 -12 -33 $ 53,476,180.00
BRN BRAINCHIP HOLDINGS LTD 0.051 -6 -33 $ 66,868,784.00
SP3 SPECTUR LTD 0.11 5 -33 $ 8,319,637.00
LNU LINIUS TECHNOLOGIES LTD 0.027 4 -34 $ 31,819,802.00
PPS PRAEMIUM LTD 0.485 -13 -35 $ 189,891,024.00
OPL OPYL LTD 0.125 -24 -35 $ 3,846,960.25
WBT WEEBIT NANO LTD 0.4 1 -37 $ 29,493,240.00
YOJ YOJEE LTD 0.048 -9 -39 $ 44,128,476.00
FCT FIRSTWAVE CLOUD TECHNOLOGY L 0.145 -12 -40 $ 45,825,312.00
SPT SPLITIT PAYMENTS LTD 0.555 -21 -40 $ 158,881,920.00
CGL CITADEL GROUP LTD/THE 4.97 5 -41 $ 245,058,752.00
DCC DIGITALX LTD 0.029 -7 -42 $ 16,957,600.00
MYQ MYFIZIQ LTD 0.21 0 -42 $ 22,351,558.00
QFY QUANTIFY TECHNOLOGY HOLDINGS 0.004 0 -43 $ 6,218,153.50
XF1 XREF LTD 0.27 -18 -44 $ 48,965,332.00
SRH SAFEROADS HOLDINGS LTD 0.18 -10 -45 $ 6,552,000.00
AO1 ASSETOWL LTD 0.007 17 -49 $ 2,108,545.75
IP1 INTEGRATED PAYMENT TECHNOLOG 0.008 -20 -50 $ 2,470,722.50
CRO CIRRALTO LTD 0.005 -38 -50 $ 4,116,800.50
XPE XPED LTD 0.001 0 -50 $ 1,756,830.75
RFN REFFIND LTD 0.003 0 -50 $ 2,521,500.00
CLT CELLNET GROUP LTD 0.18 -12 -54 $ 11,267,117.00
SBW SHEKEL BRAINWEIGH LTD 0.125 -4 -54 $ 16,680,000.00
ID8 IDENTITII LTD 0.295 -2 -54 $ 16,083,046.00
DTI DTI GROUP LTD 0.02 -13 -55 $ 6,699,531.00
CAG CAPE RANGE LTD 0.535 -14 -55 $ 44,757,192.00
OLV OTHERLEVELS HOLDINGS LIMITED 0.011 57 -56 $ 3,155,255.50
NVU NANOVEU LTD 0.037 -24 -57 $ 4,903,617.50
TZL TZ LTD 0.1 -44 -60 $ 9,172,561.00
LVH LIVEHIRE LTD 0.23 0 -60 $ 67,920,944.00
NUH NUHEARA LTD 0.031 -21 -64 $ 29,219,678.00
BUD BUDDY TECHNOLOGIES LTD 0.033 10 -64 $ 76,216,824.00
PRZ PARAZERO LTD 0.036 -40 -66 $ 4,581,915.50
LVE LOVE GROUP GLOBAL LTD 0.04 -27 -68 $ 1,661,900.88
BLG BLUGLASS LTD 0.083 -12 -70 $ 34,769,288.00
CPT CIPHERPOINT LTD 0.076 -2 -75 $ 2,985,328.00
SIS SIMBLE SOLUTIONS LTD 0.016 -16 -75 $ 2,709,510.75
HSC HOMESTAY CARE LTD 0.008 20 -76 $ 10,052,318.00
BIQ BUILDINGIQ INC-CDI 0.01 -38 -76 $ 3,736,729.50
HWH HOUSTON WE HAVE LTD 0.035 -13 -77 $ 9,021,520.00
ARQ ARQ GROUP LTD 0.365 0 -78 $ 45,799,172.00
TGO TRIMANTIUM GROWTHOPS LTD 0.14 -26 -81 $ 19,453,998.00
FGO FLAMINGO AI LTD 0.002 -33 -82 $ 2,240,255.50
SE1 SENSERA LTD 0.019 -57 -83 $ 6,442,501.00
SYT SYNTONIC LTD 0.001 0 -85 $ 6,944,565.50
TYM TYMLEZ GROUP LTD 0.03 -17 -88 $ 4,433,509.50
IAM INTIGER GROUP LTD 0.001 0 -90 $ 1,677,895.88
SF1 STEMIFY LTD 0.02 0 -90 $ 4,081,283.25
PGL PROSPA GROUP LTD 2.03 -1 -47 $ 327,541,376.00
APV APPSVILLAGE AUSTRALIA LTD 0.24 11 18 $ 18,781,396.00
SZL SEZZLE INC-CDI 1.93 -1 59 $ 383,889,632.00
MME MONEYME LTD 1.495 -5 24 $ 254,160,000.00
NTO NITRO SOFTWARE LTD 1.615 11 -6 $ 302,286,400.00
RDY READYTECH HOLDINGS LTD 2.18 1 45 $ 174,411,696.00
360 LIFE360 INC-CDI 3.37 7 -30 $ 492,740,992.00
WSP WHISPIR LTD 1.455 -1 -9 $ 150,414,800.00
QFE QUICKFEE LTD 0.35 -3 73 $ 51,850,156.00

Last fortnight’s biggest winner was digital marketing platform OtherLevels Holdings (ASX:OLV). Shares took off after a distribution agreement with Genius Media and a strong quarterly.

Positive quarterlies were also the catalyst for the jumps of several stocks including Prophecy International (ASX:PRO), JCurve Solutions (ASX:JCS) and 9 Spokes (ASX:9SP).

Homestay Care (ASX:HSC) surged last week with the inking of a major commercial deal. It will upgrade the tech systems at nine residential aged care facilities in South Australia.

SenSen Networks (ASX:SNS) also sealed a big deal in the last fortnight – in fact only yesterday. It landed a $1.2m contract to manage traffic in Singapore.

The two biggest tech gainers on an annual basis are IODM (ASX:IOD) and CCP Technologies (ASX:CT1), which have gained 695 per cent and 382 per cent respectively. Both rose another 17 and 26 per cent respectively over the past two weeks.

There are two other four-baggers on a yearly basis: fintech Wisr (ASX:WZR) and aquatic robotics stock Smart Marine System (ASX:SMS), but both stagnated in recent days.

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