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Reboot: The ‘cloud’ is getting bigger and Google wants more market share
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Here it is — your fortnightly tech stocks wrap.
Industry spotlight
With all the acquisitions the tech giants make every year, plenty slip under the radar. But Google’s latest shopping spree was particularly noteworthy because it didn’t come home with the stereotypical start-up only a few years old.
This week it bought 31-year old Dutch cloud computing firm Cornerstone Technology. Cornerstone is the third cloud computing firm Google has bought in the past two years and helps clients make its applications cloud-native.
Google’s cloud computing services are already a good money maker. Its customers spend $10bn annually and this continues to ramp up.
And it’s a sector that isn’t being held back by the coronavirus.
A report earlier this week by supply chain analytics firm TrendForce predicted some industries wouldn’t be affected while others could escape impact as long as the outbreak could be mitigated by the end of this quarter.
TrendForce is of the view that the semiconductor fabrication industry will be unaffected because it is highly automated. But the impact on other areas like LED and Internet of Things will differ with each firm and province in China.
It predicts smart watch and smart phone shipments will fall by 16 per cent and 10 per cent respectively.
Small cap spotlight
On home soil, ASX tech stocks have retreated by 2 per cent in the last fortnight but are sitting on a 19 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
| Code | Name | Price | 2 Week % Return | 1 Year % Return | Market Cap |
|---|---|---|---|---|---|
| SM8 | SMART MARINE SYSTEMS LTD | 0.1 | 55 | 349 | $ 30,163,112.00 |
| TNT | TESSERENT LTD | 0.098 | 53 | 104 | $ 42,822,008.00 |
| CWL | CHANT WEST HOLDINGS LTD | 0.1 | 52 | 45 | $ 12,392,380.00 |
| SBW | SHEKEL BRAINWEIGH LTD | 0.18 | 50 | -40 | $ 25,020,000.00 |
| NOR | NORWOOD SYSTEMS LTD | 0.064 | 29 | 110 | $ 14,389,732.00 |
| MYQ | MYFIZIQ LTD | 0.26 | 24 | -29 | $ 27,673,358.00 |
| RDF | REDFLEX HOLDINGS LTD | 0.65 | 21 | 5 | $ 98,177,704.00 |
| MNY | MONEY3 CORP LTD | 2.99 | 20 | 62 | $ 541,558,656.00 |
| BRN | BRAINCHIP HOLDINGS LTD | 0.062 | 20 | -6 | $ 80,242,536.00 |
| CCA | CHANGE FINANCIAL LTD | 0.195 | 18 | 228 | $ 20,568,726.00 |
| SNS | SENSEN NETWORKS LTD | 0.135 | 17 | 69 | $ 60,376,872.00 |
| TCN | TECHNICHE LTD | 0.041 | 17 | 21 | $ 8,639,492.00 |
| BID | BIDENERGY LTD | 1.215 | 17 | -13 | $ 158,756,896.00 |
| CGO | CPT GLOBAL LIMITED | 0.28 | 17 | 63 | $ 10,720,934.00 |
| KTE | K2 ENERGY LTD | 0.007 | 17 | 0 | $ 2,104,600.00 |
| RKN | RECKON LTD | 0.755 | 16 | 16 | $ 85,537,600.00 |
| ESK | ETHERSTACK PLC-CDI | 0.185 | 16 | -14 | $ 20,995,976.00 |
| DTI | DTI GROUP LTD | 0.023 | 15 | -43 | $ 7,704,461.00 |
| ELO | ELMO SOFTWARE LTD | 8.07 | 15 | 64 | $ 608,519,808.00 |
| 9SP | 9 SPOKES INTERNATIONAL LTD | 0.023 | 14 | 74 | $ 28,373,426.00 |
| ISD | ISENTIA GROUP LTD | 0.295 | 14 | -8 | $ 58,000,000.00 |
| SRH | SAFEROADS HOLDINGS LTD | 0.175 | 13 | -53 | $ 6,370,000.00 |
| IP1 | INTEGRATED PAYMENT TECHNOLOG | 0.009 | 13 | -67 | $ 2,779,562.75 |
| CT1 | CCP TECHNOLOGIES LTD | 0.038 | 12 | 797 | $ 42,799,192.00 |
| NTO | NITRO SOFTWARE LTD | 1.81 | 11 | 5 | $ 336,293,600.00 |
| LVH | LIVEHIRE LTD | 0.245 | 11 | -57 | $ 75,518,016.00 |
| PYG | PAYGROUP LTD | 0.735 | 11 | 1 | $ 52,703,916.00 |
| MME | MONEYME LTD | 1.7 | 11 | 32 | $ 281,270,400.00 |
| BIQ | BUILDINGIQ INC-CDI | 0.011 | 10 | -73 | $ 4,110,402.50 |
| SLX | SILEX SYSTEMS LTD | 0.345 | 8 | 45 | $ 61,332,404.00 |
| HIL | HILLS LTD | 0.45 | 7 | 142 | $ 106,713,344.00 |
| SMX | SECURITY MATTERS LTD | 0.4 | 7 | 38 | $ 42,346,668.00 |
| FCT | FIRSTWAVE CLOUD TECHNOLOGY L | 0.155 | 7 | -45 | $ 48,985,676.00 |
| RUL | RPMGLOBAL HOLDINGS LTD | 1.21 | 7 | 108 | $ 257,384,960.00 |
| BTH | BIGTINCAN HOLDINGS LTD | 0.98 | 6 | 214 | $ 310,009,280.00 |
| ADA | ADACEL TECHNOLOGIES LTD | 0.665 | 6 | -12 | $ 50,324,564.00 |
| NOV | NOVATTI GROUP LTD | 0.195 | 5 | -20 | $ 32,626,876.00 |
| LVT | LIVETILES LTD | 0.31 | 5 | -6 | $ 279,168,608.00 |
| 3DP | POINTERRA LTD | 0.047 | 4 | 2 | $ 26,847,486.00 |
| DTS | DRAGONTAIL SYSTEMS LTD | 0.145 | 4 | -15 | $ 36,088,096.00 |
| AVA | AVA RISK GROUP LTD | 0.15 | 3 | -9 | $ 35,117,336.00 |
| WSP | WHISPIR LTD | 1.53 | 3 | -1 | $ 155,601,520.00 |
| 4DS | 4DS MEMORY LTD | 0.06 | 3 | -27 | $ 69,481,720.00 |
| CAT | CATAPULT GROUP INTERNATIONAL | 2.01 | 3 | 235 | $ 397,061,856.00 |
| SKF | SKYFII LTD | 0.19 | 3 | 31 | $ 65,279,520.00 |
| WBT | WEEBIT NANO LTD | 0.435 | 2 | -25 | $ 30,212,588.00 |
| MOB | MOBILICOM LTD/AUSTRALIA | 0.1 | 1 | 33 | $ 25,793,672.00 |
| NUH | NUHEARA LTD | 0.026 | 0 | -65 | $ 29,219,678.00 |
| SYT | SYNTONIC LTD | 0.001 | 0 | -83 | $ 6,944,565.50 |
| IAM | INTIGER GROUP LTD | 0.001 | 0 | -86 | $ 1,677,895.88 |
| CRO | CIRRALTO LTD | 0.005 | 0 | -55 | $ 4,116,800.50 |
| DCC | DIGITALX LTD | 0.029 | 0 | -44 | $ 16,957,600.00 |
| CSV | CSG LTD | 0.3075 | 0 | 98 | $ 139,684,048.00 |
| XPE | XPED LTD | 0.001 | 0 | -33 | $ 1,756,830.75 |
| BUD | BUDDY TECHNOLOGIES LTD | 0.031 | 0 | -58 | $ 76,216,824.00 |
| MNW | MINT PAYMENTS LTD | 0.017 | 0 | -32 | $ 15,478,161.00 |
| TZL | TZ LTD | 0.1 | 0 | -61 | $ 9,172,561.00 |
| RHP | RHIPE LTD | 2.1 | 0 | 35 | $ 299,846,816.00 |
| ODA | ORCODA LTD | 0.2 | 0 | 33 | $ 21,707,706.00 |
| RD1 | REGISTRY DIRECT LTD | 0.02 | 0 | -17 | $ 3,447,466.50 |
| RCL | READCLOUD LTD | 0.32 | 0 | 10 | $ 31,329,778.00 |
| RFN | REFFIND LTD | 0.003 | 0 | -40 | $ 2,521,500.00 |
| KNO | KNOSYS LTD | 0.075 | 0 | 56 | $ 11,162,668.00 |
| CV1 | CV CHECK LTD | 0.13 | 0 | 46 | $ 35,063,720.00 |
| CIO | CONNECTED IO LTD | 0.003 | 0 | 0 | $ 7,222,746.00 |
| DTC | DAMSTRA HOLDINGS LTD | 1.09 | 0 | -22 | $ 149,796,272.00 |
| RCW | RIGHTCROWD LTD | 0.2575 | -1 | -20 | $ 51,316,432.00 |
| EOL | ENERGY ONE LTD | 3.5 | -1 | 223 | $ 77,725,584.00 |
| CCG | COMMSCHOICE GROUP LTD | 0.062 | -2 | -5 | $ 11,866,320.00 |
| ID8 | IDENTITII LTD | 0.295 | -2 | -54 | $ 16,083,046.00 |
| DUB | DUBBER CORP LTD | 1.12 | -2 | 96 | $ 214,189,312.00 |
| SPZ | SMART PARKING LTD | 0.225 | -2 | 88 | $ 80,823,456.00 |
| SMN | STRUCTURAL MONITORING-CDI | 0.785 | -2 | -17 | $ 92,013,696.00 |
| DWS | DWS LTD | 1.07 | -3 | -2 | $ 141,059,520.00 |
| HWH | HOUSTON WE HAVE LTD | 0.034 | -3 | -77 | $ 8,763,762.00 |
| IOD | IODM LTD | 0.17 | -3 | 639 | $ 93,948,616.00 |
| SPT | SPLITIT PAYMENTS LTD | 0.505 | -3 | -36 | $ 154,208,912.00 |
| JCS | JCURVE SOLUTIONS LTD | 0.034 | -3 | 23 | $ 10,491,421.00 |
| UBN | URBANISE.COM LTD | 0.059 | -3 | 65 | $ 44,987,360.00 |
| PPS | PRAEMIUM LTD | 0.4575 | -3 | -26 | $ 183,765,504.00 |
| TYM | TYMLEZ GROUP LTD | 0.029 | -3 | -92 | $ 4,285,726.00 |
| AMO | AMBERTECH LTD | 0.087 | -3 | -28 | $ 6,651,584.50 |
| CGL | CITADEL GROUP LTD/THE | 4.72 | -3 | -35 | $ 236,676,464.00 |
| TBL | TAMBLA LTD | 0.415 | -3 | 4 | $ 8,219,619.50 |
| WZR | WISR LTD | 0.26 | -4 | 400 | $ 260,642,608.00 |
| KYK | KYCKR LTD | 0.081 | -4 | 47 | $ 18,574,518.00 |
| CAG | CAPE RANGE LTD | 0.515 | -4 | -63 | $ 43,084,024.00 |
| EPD | EMPIRED LTD | 0.38 | -4 | -18 | $ 61,570,772.00 |
| 360 | LIFE360 INC-CDI | 3.26 | -4 | -33 | $ 474,121,088.00 |
| YOJ | YOJEE LTD | 0.046 | -4 | -47 | $ 45,233,788.00 |
| QFE | QUICKFEE LTD | 0.325 | -4 | 68 | $ 49,562,648.00 |
| NVX | NOVONIX LTD | 0.425 | -4 | 16 | $ 56,210,216.00 |
| JAN | JANISON EDUCATION GROUP LTD | 0.405 | -5 | 11 | $ 73,569,384.00 |
| CXZ | CONNEXION TELEMATICS LTD | 0.019 | -5 | 73 | $ 16,400,137.00 |
| NVU | NANOVEU LTD | 0.035 | -5 | -63 | $ 4,638,557.00 |
| VLT | VAULT INTELLIGENCE LTD | 0.25 | -5 | 30 | $ 33,279,226.00 |
| PRO | PROPHECY INTERNATIONAL HLDGS | 0.84 | -6 | 185 | $ 53,768,220.00 |
| RDY | READYTECH HOLDINGS LTD | 2.15 | -6 | 41 | $ 164,011,008.00 |
| PGL | PROSPA GROUP LTD | 1.945 | -6 | -49 | $ 307,372,576.00 |
| EVS | ENVIROSUITE LTD | 0.225 | -6 | 147 | $ 104,501,872.00 |
| DSE | DROPSUITE LTD | 0.045 | -6 | 52 | $ 24,448,714.00 |
| PVS | PIVOTAL SYSTEMS CORP INC-CDI | 1.56 | -7 | -3 | $ 177,090,128.00 |
| RLG | ROOLIFE GROUP LTD | 0.028 | -7 | -18 | $ 9,537,396.00 |
| 8CO | 8COMMON LTD | 0.081 | -7 | 95 | $ 14,999,204.00 |
| ADJ | ADSLOT LTD | 0.027 | -7 | -37 | $ 49,788,168.00 |
| SZL | SEZZLE INC-CDI | 1.8 | -7 | 47 | $ 357,037,248.00 |
| MPW | MSL SOLUTIONS LTD | 0.077 | -7 | -15 | $ 24,813,878.00 |
| XF1 | XREF LTD | 0.255 | -7 | -49 | $ 45,404,216.00 |
| GSW | GETSWIFT LTD | 0.59 | -8 | 14 | $ 102,759,376.00 |
| WJA | WAMEJA LTD | 0.12 | -8 | -20 | $ 145,302,080.00 |
| RXP | RXP SERVICES LTD | 0.44 | -8 | -5 | $ 70,882,760.00 |
| HSC | HOMESTAY CARE LTD | 0.0055 | -8 | -78 | $ 9,214,625.00 |
| CNW | CIRRUS NETWORKS HOLDINGS LTD | 0.031 | -9 | 19 | $ 27,384,908.00 |
| SEN | SENETAS CORP LTD | 0.064 | -9 | -12 | $ 67,083,948.00 |
| JXT | JAXSTA LTD | 0.1 | -9 | -29 | $ 24,679,534.00 |
| AR9 | ARCHTIS LTD | 0.105 | -9 | -17 | $ 12,309,698.00 |
| DXN | DXN LTD | 0.037 | -9 | -30 | $ 18,168,438.00 |
| DTZ | DOTZ NANO LTD | 0.057 | -10 | -30 | $ 16,863,578.00 |
| ELS | ELSIGHT LTD | 0.33 | -10 | -38 | $ 34,730,056.00 |
| COO | CORUM GROUP LTD | 0.071 | -10 | 173 | $ 28,582,300.00 |
| LNU | LINIUS TECHNOLOGIES LTD | 0.024 | -11 | -31 | $ 28,284,268.00 |
| OPL | OPYL LTD | 0.115 | -12 | 15 | $ 3,403,080.25 |
| CL1 | CLASS LTD | 1.805 | -12 | 23 | $ 220,965,136.00 |
| LVE | LOVE GROUP GLOBAL LTD | 0.037 | -12 | -72 | $ 1,499,764.25 |
| BCT | BLUECHIIP LTD | 0.11 | -12 | 75 | $ 65,235,240.00 |
| K2F | K2FLY LTD | 0.22 | -12 | 69 | $ 18,169,598.00 |
| IHR | INTELLIHR LTD | 0.08 | -12 | -27 | $ 15,361,642.00 |
| APV | APPSVILLAGE AUSTRALIA LTD | 0.215 | -12 | 8 | $ 16,481,633.00 |
| MOQ | MOQ LTD | 0.21 | -13 | 5 | $ 37,267,364.00 |
| VOR | VORTIV LTD | 0.007 | -13 | 0 | $ 19,524,262.00 |
| SP3 | SPECTUR LTD | 0.1 | -13 | -40 | $ 7,260,774.00 |
| HYD | HYDRIX LTD | 0.2 | -13 | -17 | $ 15,324,453.00 |
| NET | NETLINKZ LTD | 0.068 | -15 | 162 | $ 130,860,344.00 |
| IXU | IXUP LTD | 0.051 | -15 | -39 | $ 11,354,165.00 |
| OTW | OVER THE WIRE HOLDINGS LTD | 3.22 | -15 | -23 | $ 190,034,944.00 |
| SCL | SCHROLE GROUP LTD | 0.017 | -16 | 14 | $ 14,233,924.00 |
| BCC | BEAM COMMUNICATIONS HOLDINGS | 0.29 | -16 | 107 | $ 15,333,301.00 |
| VR1 | VECTION TECHNOLOGIES LTD | 0.02 | -17 | 54 | $ 13,143,434.00 |
| CPT | CIPHERPOINT LTD | 0.063 | -17 | -79 | $ 2,474,679.75 |
| OLV | OTHERLEVELS HOLDINGS LIMITED | 0.009 | -18 | -61 | $ 2,551,811.00 |
| FZO | FAMILY ZONE CYBER SAFETY LTD | 0.13 | -19 | -38 | $ 31,086,466.00 |
| FTC | FINTECH CHAIN LTD | 0.09 | -19 | 147 | $ 57,918,492.00 |
| IS3 | I SYNERGY GROUP LIMITED | 0.14 | -22 | -35 | $ 25,657,532.00 |
| BLG | BLUGLASS LTD | 0.064 | -23 | -70 | $ 26,810,052.00 |
| SF1 | STEMIFY LTD | 0.02 | -23 | -91 | $ 3,139,448.75 |
| QFY | QUANTIFY TECHNOLOGY HOLDINGS | 0.003 | -25 | -57 | $ 4,663,615.00 |
| SIS | SIMBLE SOLUTIONS LTD | 0.012 | -25 | -84 | $ 2,032,133.00 |
| CLT | CELLNET GROUP LTD | 0.13 | -28 | -65 | $ 8,137,362.50 |
| AO1 | ASSETOWL LTD | 0.005 | -29 | -31 | $ 1,506,104.00 |
| TGO | TRIMANTIUM GROWTHOPS LTD | 0.099 | -29 | -87 | $ 13,756,755.00 |
| ARQ | ARQ GROUP LTD | 0.24 | -36 | -86 | $ 29,311,470.00 |
| PRZ | PARAZERO LTD | 0.036 | -40 | -66 | $ 4,581,915.50 |
| FGO | FLAMINGO AI LTD | 0.001 | -50 | -93 | $ 1,120,127.75 |
| SE1 | SENSERA LTD | 0.01 | -50 | -91 | $ 3,221,250.50 |
This fortnight’s biggest gainer is Smart Marine Systems (ASX:SM8). It has advanced 55 per cent despite having no news. In recent months it has pivoted from shark warning software to secure data transferring.
The runner up, Tesserent (ASX:TNT), also offers security software, although it serves more consumer-focused clients.
Taking out bronze was financial planning technology business Chant West (ASX:CWL). On Tuesday it revealed it was offloading its research and consultancy arm for $12m.
Other winners included recently listed fintech MoneyMe (ASX:MME) and AI software play BrainChip (ASX:BRN). The latter company, which is based in the US, received Export Administration Regulation classification for its technology just a few days ago.
The biggest yearly gainer is now IoT solutions company CCP Technologies (ASX:CT1), which is up 797 per cent. Last week it told shareholders that despite having an office in China it was unaffected by the coronavirus because its devices were made in India.
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