Yes, the CEO of Goldman Sachs is also a DJ (Pic: Getty/Shutterstock)
Reboot: Music-tech is looking the most groovy this fortnight
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Each fortnight, Stockhead checks who’s leading the tech sector and this time we’ve found a music tech stock leading the charge.
Jaxsta (ASX:JXT) is up 59 per cent this fortnight. This company says it’s on a mission to create the world’s most comprehensive database of official music credits. It collects these from sources such as record labels, publishers and distributors.
It has had nothing new to announce in the last fortnight but it launched the beta version of its software in June and will release a business to business product by the end of the year.
Another solid performer in the last fortnight is Splitit (ASX:SPT). Since its ten fold rise in the first 6 weeks of its listing life it retreated as low as 38 cents. But it has surged in recent days and now sits at 85.5 cents.
On Monday it announced it has signed on several new partners. The most notable of these was eCommerce platform Shopify which has 800,000 merchants. Non-binding MOUs are one thing but all of its new merchants are either live or are currently integrating the software.
However, unlike Afterpay (ASX:APT) and Zip (ASX:Z1P) (although similar to Sezzle (ASX:SZL)) it is yet to extend to Australia despite being listed here.
Curiously, two thirds of the top nine gainers are stocks that are down in the last 12 months. TZ (ASX:TZL) and Nuheara (ASX:NUH) both climbed 50 per cent and 47 per cent respectively; despite having no news.
But the two biggest gainers in 2019 remain IODM (ASX:IOD), up 1293 per cent and Netlinkz (ASX:NET) up 500 per cent. In the last fortnight these stocks are up 34 per cent and 20 per cent respectively.
Here’s how ASX small cap tech stocks have performed in the past fortnight and year:
Swipe or scroll to reveal the full table. Click headings to sort
| Code | Name | Price (I) | 2 Week % Return | 1 Year % Return | Market Cap |
|---|---|---|---|---|---|
| JXT | JAXSTA LTD | 0.35 | 59 | 75 | $ 81,120,168.00 |
| TZL | TZ LTD | 0.12 | 50 | -37 | $ 8,466,979.00 |
| NUH | NUHEARA LTD | 0.049 | 47 | -47 | $ 46,737,252.00 |
| SPT | SPLITIT PAYMENTS LTD | 0.0855 | 37 | 328 | $ 269,091,520.00 |
| IOD | IODM LTD | 0.195 | 34 | 1293 | $ 103,334,544.00 |
| SRO | SHAREROOT LTD | 0.002 | 33 | -50 | $ 5,918,131.00 |
| PRO | PROPHECY INTERNATIONAL HLDGS | 0.525 | 29 | 42 | $ 28,164,304.00 |
| LNU | LINIUS TECHNOLOGIES LTD | 0.044 | 29 | -33 | $ 51,096,960.00 |
| CT1 | CCP TECHNOLOGIES LTD | 0.014 | 27 | -22 | $ 7,137,780.00 |
| VOR | VORTIV LTD | 0.014 | 27 | 75 | $ 37,381,084.00 |
| GSW | GETSWIFT LTD | 0.64 | 26 | 20 | $ 131,031,344.00 |
| BRN | BRAINCHIP HOLDINGS LTD | 0.056 | 24 | -55 | $ 72,585,000.00 |
| EOL | ENERGY ONE LTD | 2.4 | 23 | 132 | $ 49,088,036.00 |
| PIL | PEPPERMINT INNOVATION LTD | 0.011 | 22 | -42 | $ 10,863,407.00 |
| DTI | DTI GROUP LTD | 0.025 | 21 | -55 | $ 9,714,320.00 |
| ARQ | ARQ GROUP LTD | 0.445 | 20 | -82 | $ 54,348,352.00 |
| NET | NETLINKZ LTD | 0.175 | 20 | 500 | $ 308,678,208.00 |
| 3DP | POINTERRA LTD | 0.054 | 17 | 74 | $ 28,146,048.00 |
| SM8 | SMART MARINE SYSTEMS LTD | 0.029 | 16 | 21 | $ 8,927,834.00 |
| KYK | KYCKR LTD | 0.22 | 16 | 120 | $ 50,449,312.00 |
| SLX | SILEX SYSTEMS LTD | 0.46 | 16 | 107 | $ 75,857,968.00 |
| TNT | TESSERENT LTD | 0.058 | 15 | -29 | $ 13,569,109.00 |
| OLV | OTHERLEVELS HOLDINGS LIMITED | 0.008 | 14 | -76 | $ 2,294,731.25 |
| UBN | URBANISE.COM LTD | 0.042 | 14 | 56 | $ 29,000,904.00 |
| CRO | CIRRALTO LTD | 0.009 | 13 | -50 | $ 5,942,319.50 |
| DSE | DROPSUITE LTD | 0.037 | 13 | -70 | $ 17,772,500.00 |
| SZL | SEZZLE INC-CDI | 2.46 | 12 | 95 | $ 512,695,168.00 |
| FZO | FAMILY ZONE CYBER SAFETY LTD | 0.19 | 12 | -49 | $ 39,905,940.00 |
| MOB | MOBILICOM LTD/AUSTRALIA | 0.1 | 11 | 11 | $ 25,793,672.00 |
| SP3 | SPECTUR LTD | 0.1 | 11 | -55 | $ 6,863,306.50 |
| DTL | DATA#3 LTD | 3.56 | 10 | 124 | $ 525,054,592.00 |
| CXZ | CONNEXION TELEMATICS LTD | 0.022 | 10 | 214 | $ 18,703,632.00 |
| MOQ | MOQ LTD | 0.22 | 10 | 0 | $ 39,042,000.00 |
| AMO | AMBERTECH LTD | 0.11 | 10 | -41 | $ 3,363,050.00 |
| CWL | CHANT WEST HOLDINGS LTD | 0.07 | 10 | 13 | $ 8,426,818.00 |
| CCG | COMMSCHOICE GROUP LTD | 0.069 | 10 | -31 | $ 12,742,703.00 |
| OPN | OPENDNA LTD | 0.035 | 9 | 3 | $ 9,809,893.00 |
| RXP | RXP SERVICES LTD | 0.51 | 8 | 21 | $ 85,381,512.00 |
| EML | EML PAYMENTS LTD | 4.505 | 8 | 184 | $ 1,169,997,952.00 |
| RDY | READYTECH HOLDINGS LTD | 1.935 | 8 | 28 | $ 154,410,352.00 |
| FTC | FINTECH CHAIN LTD | 0.155 | 7 | 158 | $ 100,869,288.00 |
| OCL | OBJECTIVE CORPORATION LTD | 4.5 | 7 | 70 | $ 412,821,760.00 |
| HYD | HYDRIX LTD | 0.032 | 7 | -6 | $ 21,418,510.00 |
| SMN | STRUCTURAL MONITORING-CDI | 0.99 | 6 | -5 | $ 113,967,904.00 |
| CLT | CELLNET GROUP LTD | 0.19 | 6 | -62 | $ 11,893,068.00 |
| BUD | BUDDY TECHNOLOGIES LTD | 0.022 | 5 | -80 | $ 45,055,120.00 |
| WJA | WAMEJA LTD | 0.12 | 5 | 5 | $ 139,247,824.00 |
| CSV | CSG LTD | 0.235 | 4 | 27 | $ 105,575,408.00 |
| DTZ | DOTZ NANO LTD | 0.047 | 4 | -37 | $ 11,105,591.00 |
| 360 | LIFE360 INC-CDI | 3.66 | 4 | -24 | $ 536,503,968.00 |
| PPS | PRAEMIUM LTD | 0.52 | 4 | -41 | $ 212,156,896.00 |
| RUL | RPMGLOBAL HOLDINGS LTD | 0.78 | 4 | 25 | $ 171,097,824.00 |
| BLG | BLUGLASS LTD | 0.145 | 4 | -52 | $ 60,741,524.00 |
| JCS | JCURVE SOLUTIONS LTD | 0.03 | 3 | -33 | $ 9,835,707.00 |
| ELS | ELSIGHT LTD | 0.44 | 3 | -23 | $ 44,742,580.00 |
| EVS | ENVIROSUITE LTD | 0.34 | 3 | 331 | $ 136,517,456.00 |
| WBT | WEEBIT NANO LTD | 0.39 | 3 | -58 | $ 28,054,546.00 |
| 4DS | 4DS MEMORY LTD | 0.067 | 1 | 28 | $ 78,392,136.00 |
| SEN | SENETAS CORP LTD | 0.079 | 1 | -11 | $ 87,587,688.00 |
| ADA | ADACEL TECHNOLOGIES LTD | 0.455 | 1 | -73 | $ 34,693,452.00 |
| DN8 | DREAMSCAPE NETWORKS LTD | 0.2675 | 1 | 106 | $ 104,232,264.00 |
| BTH | BIGTINCAN HOLDINGS LTD | 0.565 | 1 | 70 | $ 174,367,824.00 |
| CGL | CITADEL GROUP LTD/THE | 3.5 | 1 | -57 | $ 176,023,056.00 |
| SRH | SAFEROADS HOLDINGS LTD | 0.19 | 0 | -37 | $ 6,916,000.00 |
| IAM | INTIGER GROUP LTD | 0.001 | 0 | -92 | $ 1,677,895.88 |
| GBT | GBST HOLDINGS LTD | 3.85 | 0 | 116 | $ 260,784,032.00 |
| XPE | XPED LTD | 0.0015 | 0 | -40 | $ 2,260,246.25 |
| TV2 | TV2U INTERNATIONAL LTD | 0.008 | 0 | 0 | $ 20,862,476.00 |
| MNW | MINT PAYMENTS LTD | 0.021 | 0 | -22 | $ 18,118,312.00 |
| DWS | DWS LTD | 1.04 | 0 | -9 | $ 138,422,896.00 |
| AO1 | ASSETOWL LTD | 0.008 | 0 | -66 | $ 2,409,766.50 |
| AR9 | ARCHTIS LTD | 0.135 | 0 | -24 | $ 16,002,608.00 |
| RCW | RIGHTCROWD LTD | 0.24 | 0 | -29 | $ 49,474,556.00 |
| OMN | ONEMARKET LTD | 0.9325 | 0 | 2 | $ 97,173,744.00 |
| TCN | TECHNICHE LTD | 0.026 | 0 | -28 | $ 5,478,702.50 |
| COO | CORUM GROUP LTD | 0.035 | 0 | -10 | $ 8,965,866.00 |
| SCL | SCHROLE GROUP LTD | 0.015 | 0 | 14 | $ 14,201,924.00 |
| DTS | DRAGONTAIL SYSTEMS LTD | 0.17 | 0 | -33 | $ 39,821,348.00 |
| SVT | SERVTECH GLOBAL HOLDINGS LTD | 0.015 | 0 | 36 | $ 9,857,575.00 |
| NOR | NORWOOD SYSTEMS LTD | 0.003 | 0 | -40 | $ 6,290,581.00 |
| 9SP | 9 SPOKES INTERNATIONAL LTD | 0.018 | 0 | 2 | $ 18,028,962.00 |
| RHP | RHIPE LTD | 2.73 | 0 | 138 | $ 385,317,184.00 |
| CL1 | CLASS LTD | 1.495 | -1 | -29 | $ 176,493,088.00 |
| RKN | RECKON LTD | 0.74 | -1 | -7 | $ 83,838,176.00 |
| NVX | NOVONIX LTD | 0.48 | -1 | -12 | $ 60,224,708.00 |
| ELO | ELMO SOFTWARE LTD | 6.47 | -1 | 3 | $ 472,968,640.00 |
| RDF | REDFLEX HOLDINGS LTD | 0.47 | -1 | 19 | $ 70,234,816.00 |
| ESK | ETHERSTACK PLC-CDI | 0.255 | -2 | 9 | $ 28,479,754.00 |
| OTW | OVER THE WIRE HOLDINGS LTD | 4.78 | -2 | 11 | $ 246,682,816.00 |
| XF1 | XREF LTD | 0.415 | -2 | -27 | $ 69,496,648.00 |
| BIQ | BUILDINGIQ INC-CDI | 0.041 | -2 | -9 | $ 13,086,091.00 |
| SPZ | SMART PARKING LTD | 0.205 | -2 | 8 | $ 73,639,152.00 |
| CNW | CIRRUS NETWORKS HOLDINGS LTD | 0.04 | -3 | 117 | $ 34,451,980.00 |
| PYG | PAYGROUP LTD | 0.74 | -3 | 6 | $ 38,236,884.00 |
| JAN | JANISON EDUCATION GROUP LTD | 0.31 | -3 | -22 | $ 57,174,432.00 |
| DUB | DUBBER CORP LTD | 1.645 | -3 | 267 | $ 295,768,896.00 |
| AD8 | AUDINATE GROUP LTD | 7.49 | -3 | 111 | $ 504,818,912.00 |
| SKF | SKYFII LTD | 0.14 | -3 | -26 | $ 44,598,824.00 |
| ADJ | ADSLOT LTD | 0.027 | -4 | -49 | $ 42,876,168.00 |
| SE1 | SENSERA LTD | 0.075 | -4 | -31 | $ 24,509,830.00 |
| LVH | LIVEHIRE LTD | 0.26 | -4 | -46 | $ 75,414,376.00 |
| APT | AFTERPAY TOUCH GROUP LTD | 32.235 | -4 | 199 | $ 8,572,511,744.00 |
| 8CO | 8COMMON LTD | 0.093 | -4 | 133 | $ 14,543,826.00 |
| AVA | AVA RISK GROUP LTD | 0.135 | 18 | -41 | $ 25,752,712.00 |
| IRI | INTEGRATED RESEARCH LTD | 2.955 | -5 | 15 | $ 505,270,624.00 |
| BCC | BEAM COMMUNICATIONS HOLDINGS | 0.195 | -5 | 75 | $ 11,103,425.00 |
| PVS | PIVOTAL SYSTEMS CORP INC-CDI | 1.255 | -5 | -49 | $ 153,855,584.00 |
| EPD | EMPIRED LTD | 0.28 | -5 | -46 | $ 44,778,740.00 |
| FCT | FIRSTWAVE CLOUD TECHNOLOGY L | 0.18 | -5 | -20 | $ 56,788,068.00 |
| WSP | WHISPIR LTD | 1.52 | -6 | -4 | $ 159,284,784.00 |
| K2F | K2FLY LTD | 0.165 | -6 | -38 | $ 13,478,134.00 |
| BID | BIDENERGY LTD | 0.57 | -6 | -36 | $ 71,266,152.00 |
| RZI | RAIZ INVEST LTD | 0.875 | -6 | 33 | $ 57,951,240.00 |
| KNO | KNOSYS LTD | 0.094 | -6 | 16 | $ 13,464,144.00 |
| HIL | HILLS LTD | 0.22 | -6 | 25 | $ 52,196,744.00 |
| YOJ | YOJEE LTD | 0.07 | -6 | -13 | $ 62,710,560.00 |
| TBL | TAMBLA LTD | 0.42 | -7 | -24 | $ 8,324,668.50 |
| VLT | VAULT INTELLIGENCE LTD | 0.295 | -7 | -18 | $ 35,839,168.00 |
| CAG | CAPE RANGE LTD | 0.75 | -7 | -43 | $ 62,743,724.00 |
| SF1 | STEMIFY LTD | 0.026 | -7 | -97 | $ 3,951,283.25 |
| WZR | WISR LTD | 0.13 | -7 | 145 | $ 107,449,664.00 |
| CV1 | CV CHECK LTD | 0.13 | -7 | 91 | $ 37,985,696.00 |
| IXU | IXUP LTD | 0.075 | -7 | -53 | $ 11,883,281.00 |
| LVT | LIVETILES LTD | 0.3275 | -8 | -26 | $ 265,163,120.00 |
| BCT | BLUECHIIP LTD | 0.15 | -9 | 128 | $ 81,710,144.00 |
| SNS | SENSEN NETWORKS LTD | 0.1 | -9 | -29 | $ 42,170,764.00 |
| CAT | CATAPULT GROUP INTERNATIONAL | 1.3 | -9 | 27 | $ 249,118,128.00 |
| CGO | CPT GLOBAL LIMITED | 0.18 | -10 | 18 | $ 6,808,440.00 |
| NVU | NANOVEU LTD | 0.045 | -10 | -78 | $ 5,963,859.00 |
| NOV | NOVATTI GROUP LTD | 0.18 | -10 | -14 | $ 30,038,258.00 |
| QFY | QUANTIFY TECHNOLOGY HOLDINGS | 0.004 | -11 | -69 | $ 5,968,153.50 |
| SIS | SIMBLE SOLUTIONS LTD | 0.049 | -11 | -68 | $ 6,770,900.00 |
| ISD | ISENTIA GROUP LTD | 0.365 | -12 | 28 | $ 73,000,000.00 |
| PRZ | PARAZERO LTD | 0.07 | -13 | -46 | $ 8,193,880.00 |
| CWZ | CASHWERKZ LTD | 0.2 | -13 | -15 | $ 31,976,344.00 |
| IHR | INTELLIHR LTD | 0.074 | -13 | -58 | $ 12,665,425.00 |
| DCC | DIGITALX LTD | 0.025 | -14 | -68 | $ 14,905,420.00 |
| RCL | READCLOUD LTD | 0.35 | -14 | -6 | $ 32,798,362.00 |
| TGO | TRIMANTIUM GROWTHOPS LTD | 0.19 | -14 | -83 | $ 25,012,282.00 |
| MYQ | MYFIZIQ LTD | 0.255 | -16 | -35 | $ 25,772,678.00 |
| ID8 | IDENTITII LTD | 0.325 | -17 | -57 | $ 17,718,610.00 |
| KTE | K2 ENERGY LTD | 0.005 | -17 | -44 | $ 1,503,285.75 |
| ODA | ORCODA LTD | 0.24 | -17 | 20 | $ 26,049,248.00 |
| DXN | DXN LTD | 0.06 | -19 | -52 | $ 21,735,304.00 |
| SMX | SECURITY MATTERS LTD | 0.29 | -19 | 15 | $ 30,225,250.00 |
| TYM | TYMLEZ GROUP LTD | 0.05 | -19 | -77 | $ 6,540,248.50 |
| LVE | LOVE GROUP GLOBAL LTD | 0.07 | -20 | -18 | $ 2,837,391.75 |
| CIO | CONNECTED IO LTD | 0.0045 | -20 | 33 | $ 7,297,920.00 |
| RFN | REFFIND LTD | 0.005 | -20 | -50 | $ 2,562,000.00 |
| MPW | MSL SOLUTIONS LTD | 0.089 | -21 | -54 | $ 23,734,834.00 |
| FAM | FAMILY INSIGHTS GROUP LTD | 0.072 | -21 | -42 | $ 3,600,000.00 |
| SYT | SYNTONIC LTD | 0.0015 | -25 | -89 | $ 5,208,049.00 |
| TTL | TRANSCENDENCE TECHNOLOGIES L | 0.008 | -27 | -53 | $ 1,389,765.38 |
| IS3 | I SYNERGY GROUP LIMITED | 0.17 | -29 | 28 | $ 31,155,574.00 |
| CCA | CHANGE FINANCIAL LTD | 0.235 | -31 | 110 | $ 21,745,598.00 |
| FGO | FLAMINGO AI LTD | 0.0025 | -33 | -92 | $ 2,240,255.50 |
| RD1 | REGISTRY DIRECT LTD | 0.01 | -33 | -63 | $ 1,723,733.25 |
| IP1 | INTEGRATED PAYMENT TECHNOLOG | 0.014 | -38 | -35 | $ 4,014,923.75 |
| QTG | Q TECHNOLOGY GROUP LTD | 0.004 | -56 | -90 | $ 600,824.63 |
| HSC | HOMESTAY CARE LTD | 0.006 | -68 | -80 | $ 4,899,745.00 |
Quarterly season is here…
Two weeks time is Halloween; and the deadline for quarterly reports. If you needed evidence it matters, look at some of the companies that released earnings early.
Tech security platform AVA Risk Group (ASX:AVA) gained 22 per cent this morning from its trading update which it declared to be a record.
Engineering tech company Hydrix (ASX:HYD) gained on Wednesday not only announcing record revenue but it forecasts it will hit its maiden full year profit
The ad-tech company run by the same people who founded MySpace, Engage:BDR (ASX:EN1) has already exceeded its 2018 revenue.
Tracking-tech stock Bluechiip (ASX:BCT) has still more than doubled in 12 months but retreated from its all time highs after its quarterly as revenues and deliveries dropped. However, sales volumes rose and a hefty tax credit looms.
But it isn’t only quarterly season when your financials are scrutinised. Yesterday WiseTech (ASX:WTC) was accused of manipulative accounting and fell 10 per cent before trading was halted until the company responds.
Read More: The Secret Broker: Wednesday July 31st is Duck Soup Day
