Reboot: Which ASX small cap tech stocks are taking off?
Tech
Tech
Stockhead’s fortnightly wrap of all the news driving ASX small cap tech stocks.
You name it, crypto, semiconductors, social media for kids, buy now pay later stocks, the tech sector has it. But there is a big gap between the best and worst performers.
In 2019, of the stocks that have been listed for 12 months, 44 have gained, 3 are unchanged and 107 have lost ground. Of the 10 stocks that have joined the list only four have gained ground, and two of these are buy now pay later stocks.
Splitit (ASX:SPT) surged as high as $2 before retreating to 42.5c. But it is still more than double its IPO. Sezzle (ASX:SZL) has also retreated from its all-time high but is still nearly 50 per cent higher than its IPO.
The other stocks are education and HR software provider ReadyTech (ASX:RDY) and track and trade (utilising blockchain) company Security Matters (ASX:SMX). These have gained 15 per cent and 100 per cent respectively since their entry onto the ASX.
When one thinks of tech successes from this part of the world, Xero (ASX:XRO) is practically synonymous. Since it entered the ASX (initially dual listed on the NZX but left last year) it has gained over 1,200 per cent from $4.65 to $62.55.
In a similar spirit, the best 12-month performer in the small cap space has been accounts receivable solution IODM (ASX:IOD) which was below 2c a year ago but now is nearly 7c.
Ironically enough investors were concerned then about the very problem it existed to fix – bad debts; but client wins and international expansion has pushed the stock upwards.
The runner up was Netlinkz (ASX:NET). Its virtual networking technology allows people to connect over the internet invisibly and without fear of network failure. It has surged through substantial revenue rises and the success of a pilot program in China leading to a commercialisation path.
Smart car tech stock Connexion Telematics (ASX:CXZ) was third, having gained 280 per cent in 12 months.
Earnings season has led to several stocks jumping such as EML Payments (ASX:EML), Reckon (ASX:RKN) and ReadyTech (ASX:RDY).
But last fortnight’s biggest gainer was TV2U (ASX:TV2). Despite its name, it is firmly in the streaming game and it recently provided a company update.
By the end of August it aims for 500 movies on its platform, 1,000 by the end of September and 3,000 by the end of March 2020. It has a particular focus on developing countries, particularly in Africa and Indonesia.
The next several stocks had no news, but the next one with news was CCP Technologies (ASX:CCP) which got out of a token-issuing deal which ended up well below expectations.
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 |
---|---|---|---|---|---|
IOD | IODM LTD | 0.068 | -3 | 386 | $ 35,796,608.00 |
NET | NETLINKZ LTD | 0.16 | -20 | 321 | $ 257,495,168.00 |
CXZ | CONNEXION TELEMATICS LTD | 0.019 | 12 | 280 | $ 16,153,137.00 |
DUB | DUBBER CORP LTD | 1.25 | 18 | 195 | $ 231,570,560.00 |
WZR | WISR LTD | 0.13 | -4 | 150 | $ 106,678,104.00 |
CV1 | CV CHECK LTD | 0.165 | -6 | 150 | $ 46,406,216.00 |
BCT | BLUECHIIP LTD | 0.12 | 17 | 140 | $ 60,623,656.00 |
DN8 | DREAMSCAPE NETWORKS LTD | 0.265 | 1 | 130 | $ 103,258,136.00 |
8CO | 8COMMON LTD | 0.105 | -5 | 114 | $ 16,377,661.00 |
ESK | ETHERSTACK PLC-CDI | 0.255 | 42 | 113 | $ 28,479,754.00 |
CNW | CIRRUS NETWORKS HOLDINGS LTD | 0.042 | 11 | 110 | $ 37,102,132.00 |
RHP | RHIPE LTD | 2.69 | 6 | 93 | $ 373,220,608.00 |
GBT | GBST HOLDINGS LTD | 3.83 | -1 | 92 | $ 260,104,912.00 |
AD8 | AUDINATE GROUP LTD | 7.4 | 4 | 89 | $ 473,895,744.00 |
EML | EML PAYMENTS LTD | 3.66 | 21 | 83 | $ 866,346,240.00 |
IP1 | INTEGRATED PAYMENT TECHNOLOG | 0.032 | -14 | 80 | $ 9,265,209.00 |
EOL | ENERGY ONE LTD | 1.76 | -5 | 73 | $ 37,547,292.00 |
IS3 | I SYNERGY GROUP LIMITED | 0.25 | -4 | 70 | $ 45,817,024.00 |
BCC | BEAM COMMUNICATIONS HOLDINGS | 0.235 | 12 | 68 | $ 12,425,261.00 |
DTL | DATA#3 LTD | 2.46 | 9 | 65 | $ 389,556,608.00 |
CWL | CHANT WEST HOLDINGS LTD | 0.065 | 5 | 59 | $ 8,055,047.00 |
FTC | FINTECH CHAIN LTD | 0.125 | 0 | 56 | $ 81,346,200.00 |
SLX | SILEX SYSTEMS LTD | 0.325 | -16 | 44 | $ 55,401,884.00 |
TSN | TRANSACTION SOLUTIONS INTERN | 0.01 | 11 | 43 | $ 24,206,656.00 |
3DP | POINTERRA LTD | 0.039 | 0 | 41 | $ 21,370,148.00 |
EVS | ENVIROSUITE LTD | 0.135 | -7 | 37 | $ 48,126,360.00 |
BTH | BIGTINCAN HOLDINGS LTD | 0.42 | -3 | 33 | $ 110,011,112.00 |
APT | AFTERPAY TOUCH GROUP LTD | 24.31 | 7 | 30 | $ 6,078,414,848.00 |
LVE | LOVE GROUP GLOBAL LTD | 0.09 | 0 | 23 | $ 3,648,075.25 |
TV2 | TV2U INTERNATIONAL LTD | 0.01 | 57 | 22 | $ 28,479,654.00 |
CGO | CPT GLOBAL LIMITED | 0.175 | 3 | 20 | $ 6,619,316.50 |
MOQ | MOQ LTD | 0.28 | 22 | 17 | $ 45,169,796.00 |
OTW | OVER THE WIRE HOLDINGS LTD | 4.05 | -7 | 16 | $ 208,988,864.00 |
OCL | OBJECTIVE CORPORATION LTD | 3.27 | -5 | 15 | $ 299,999,520.00 |
SVT | SERVTECH GLOBAL HOLDINGS LTD | 0.016 | -11 | 14 | $ 10,514,747.00 |
UBN | URBANISE.COM LTD | 0.035 | 7 | 14 | $ 21,839,928.00 |
KNO | KNOSYS LTD | 0.08 | -1 | 14 | $ 11,458,846.00 |
RXP | RXP SERVICES LTD | 0.545 | 20 | 10 | $ 88,603,448.00 |
IRI | INTEGRATED RESEARCH LTD | 2.73 | 0 | 9 | $ 445,119,360.00 |
RDF | REDFLEX HOLDINGS LTD | 0.38 | -5 | 9 | $ 57,285,156.00 |
RZI | RAIZ INVEST LTD | 0.915 | 0 | 6 | $ 60,600,440.00 |
DTS | DRAGONTAIL SYSTEMS LTD | 0.145 | -3 | 4 | $ 34,843,680.00 |
SRH | SAFEROADS HOLDINGS LTD | 0.22 | 16 | 2 | $ 8,008,000.00 |
CAT | CATAPULT GROUP INTERNATIONAL | 1.31 | 9 | 1 | $ 230,983,088.00 |
JXT | JAXSTA LTD | 0.18 | 0 | 0 | $ 46,265,380.00 |
KKL | KOLLAKORN CORP LTD | 0.013 | -7 | 0 | $ 2,841,809.25 |
FCT | FIRSTWAVE CLOUD TECHNOLOGY L | 0.24 | -11 | 0 | $ 67,393,368.00 |
VLT | VAULT INTELLIGENCE LTD | 0.285 | -2 | -2 | $ 29,331,352.00 |
SM8 | SMART MARINE SYSTEMS LTD | 0.026 | -10 | -3 | $ 8,004,265.00 |
ELO | ELMO SOFTWARE LTD | 6.9 | 7 | -5 | $ 435,671,648.00 |
SKF | SKYFII LTD | 0.165 | 0 | -6 | $ 52,363,532.00 |
CT1 | CCP TECHNOLOGIES LTD | 0.014 | 27 | -7 | $ 6,867,284.00 |
XF1 | XREF LTD | 0.42 | -10 | -9 | $ 72,008,576.00 |
DWS | DWS LTD | 1.175 | 4 | -9 | $ 154,901,808.00 |
ADJ | ADSLOT LTD | 0.029 | 4 | -9 | $ 46,052,180.00 |
AVA | AVA RISK GROUP LTD | 0.125 | -11 | -11 | $ 29,264,446.00 |
PYG | PAYGROUP LTD | 0.63 | -10 | -11 | $ 32,553,024.00 |
RUL | RPMGLOBAL HOLDINGS LTD | 0.53 | -1 | -13 | $ 119,003,056.00 |
RKN | RECKON LTD | 0.78 | 18 | -13 | $ 90,635,864.00 |
COO | CORUM GROUP LTD | 0.026 | -10 | -13 | $ 6,660,357.50 |
PRO | PROPHECY INTERNATIONAL HLDGS | 0.42 | 8 | -16 | $ 26,884,110.00 |
MOB | MOBILICOM LTD/AUSTRALIA | 0.082 | -13 | -16 | $ 21,150,810.00 |
NVX | NOVONIX LTD | 0.56 | -7 | -17 | $ 71,757,104.00 |
HIL | HILLS LTD | 0.17 | -8 | -19 | $ 39,437,540.00 |
CSV | CSG LTD | 0.185 | 9 | -20 | $ 83,112,552.00 |
GSW | GETSWIFT LTD | 0.305 | 55 | -21 | $ 55,614,672.00 |
JCS | JCURVE SOLUTIONS LTD | 0.033 | 3 | -21 | $ 10,819,278.00 |
SEN | SENETAS CORP LTD | 0.074 | -10 | -22 | $ 80,018,376.00 |
SE1 | SENSERA LTD | 0.095 | -4 | -24 | $ 25,911,346.00 |
SNS | SENSEN NETWORKS LTD | 0.125 | 0 | -24 | $ 52,713,456.00 |
OPN | OPENDNA LTD | 0.037 | -3 | -24 | $ 9,555,773.00 |
CWZ | CASHWERKZ LTD | 0.215 | -22 | -26 | $ 34,374,568.00 |
TBL | TAMBLA LTD | 0.44 | -8 | -27 | $ 8,704,361.00 |
JAN | JANISON EDUCATION GROUP LTD | 0.3 | -8 | -27 | $ 50,627,616.00 |
LVT | LIVETILES LTD | 0.46 | -2 | -27 | $ 297,300,352.00 |
YOJ | YOJEE LTD | 0.073 | -18 | -27 | $ 61,015,680.00 |
TZL | TZ LTD | 0.1 | 15 | -28 | $ 8,114,188.50 |
HYD | HYDRIX LTD | 0.028 | -3 | -28 | $ 19,410,526.00 |
CIO | CONNECTED IO LTD | 0.005 | 0 | -30 | $ 9,065,425.00 |
MNW | MINT PAYMENTS LTD | 0.02 | -9 | -31 | $ 15,706,068.00 |
NOV | NOVATTI GROUP LTD | 0.18 | 6 | -32 | $ 30,038,258.00 |
TCN | TECHNICHE LTD | 0.027 | 0 | -33 | $ 5,689,422.00 |
SMN | STRUCTURAL MONITORING-CDI | 0.84 | -11 | -33 | $ 96,369,112.00 |
TTL | TRANSCENDENCE TECHNOLOGIES L | 0.012 | 33 | -33 | $ 2,084,648.00 |
BIQ | BUILDINGIQ INC-CDI | 0.042 | -9 | -34 | $ 11,789,729.00 |
WJA | WAMEJA LTD | 0.098 | 1 | -34 | $ 115,030,816.00 |
ODA | ORCODA LTD | 0.17 | -3 | -35 | $ 17,335,926.00 |
AMO | AMBERTECH LTD | 0.1 | -9 | -35 | $ 3,057,318.00 |
KTE | K2 ENERGY LTD | 0.007 | 0 | -36 | $ 2,104,600.00 |
HSC | HOMESTAY CARE LTD | 0.022 | -8 | -37 | $ 15,289,985.00 |
SCL | SCHROLE GROUP LTD | 0.01 | 11 | -38 | $ 7,876,202.50 |
CL1 | CLASS LTD | 1.32 | -7 | -38 | $ 153,548,976.00 |
RCL | READCLOUD LTD | 0.37 | -6 | -38 | $ 34,893,056.00 |
RCW | RIGHTCROWD LTD | 0.265 | 2 | -38 | $ 52,443,028.00 |
DTZ | DOTZ NANO LTD | 0.053 | -12 | -41 | $ 12,417,591.00 |
LVH | LIVEHIRE LTD | 0.3 | -2 | -41 | $ 82,665,760.00 |
BTK | BOTAI TECHNOLOGY LTD | 0.015 | 0 | -42 | $ 2,279,277.00 |
IXU | IXUP LTD | 0.095 | -3 | -42 | $ 15,052,156.00 |
OMN | ONEMARKET LTD | 0.675 | 0 | -44 | $ 70,152,168.00 |
PIL | PEPPERMINT INNOVATION LTD | 0.01 | -9 | -44 | $ 9,875,825.00 |
KYK | KYCKR LTD | 0.069 | -4 | -45 | $ 12,648,738.00 |
BID | BIDENERGY LTD | 0.5 | -18 | -46 | $ 59,465,020.00 |
LNU | LINIUS TECHNOLOGIES LTD | 0.035 | 0 | -46 | $ 36,455,916.00 |
GOO | GOOROO VENTURES LTD | 0.057 | -5 | -47 | $ 6,271,401.50 |
EPD | EMPIRED LTD | 0.27 | 0 | -48 | $ 44,835,616.00 |
K2F | K2FLY LTD | 0.18 | -3 | -49 | $ 13,563,745.00 |
CGL | CITADEL GROUP LTD/THE | 3.68 | -15 | -49 | $ 181,274,032.00 |
NOR | NORWOOD SYSTEMS LTD | 0.003 | -25 | -50 | $ 6,229,531.00 |
XPE | XPED LTD | 0.0015 | 50 | -50 | $ 2,260,246.25 |
PVS | PIVOTAL SYSTEMS CORP INC-CDI | 1.49 | -7 | -50 | $ 166,116,256.00 |
PPS | PRAEMIUM LTD | 0.515 | 16 | -50 | $ 204,669,200.00 |
CLT | CELLNET GROUP LTD | 0.19 | 6 | -51 | $ 11,893,068.00 |
TNT | TESSERENT LTD | 0.042 | -13 | -52 | $ 10,444,971.00 |
9SP | 9 SPOKES INTERNATIONAL LTD | 0.023 | -18 | -52 | $ 21,824,534.00 |
4DS | 4DS MEMORY LTD | 0.052 | -4 | -52 | $ 56,750,896.00 |
DTI | DTI GROUP LTD | 0.035 | 17 | -53 | $ 7,536,965.00 |
FZO | FAMILY ZONE CYBER SAFETY LTD | 0.17 | 0 | -54 | $ 33,103,592.00 |
RD1 | REGISTRY DIRECT LTD | 0.012 | 0 | -54 | $ 2,068,479.88 |
SPZ | SMART PARKING LTD | 0.11 | -8 | -54 | $ 39,513,688.00 |
PRZ | PARAZERO LTD | 0.074 | 14 | -54 | $ 8,662,102.00 |
ELS | ELSIGHT LTD | 0.34 | -8 | -55 | $ 32,636,124.00 |
NUH | NUHEARA LTD | 0.033 | -6 | -55 | $ 35,052,940.00 |
MPW | MSL SOLUTIONS LTD | 0.073 | -1 | -56 | $ 18,488,186.00 |
BLG | BLUGLASS LTD | 0.125 | 0 | -58 | $ 52,303,384.00 |
WBT | WEEBIT NANO LTD | 0.41 | -5 | -59 | $ 26,095,946.00 |
SP3 | SPECTUR LTD | 0.1 | 0 | -62 | $ 6,486,263.50 |
CRO | CIRRALTO LTD | 0.011 | 0 | -63 | $ 7,262,835.00 |
MYQ | MYFIZIQ LTD | 0.14 | -15 | -64 | $ 13,816,039.00 |
FAM | FAMILY INSIGHTS GROUP LTD | 0.06 | 13 | -64 | $ 2,700,000.00 |
ISD | ISENTIA GROUP LTD | 0.28 | 16 | -64 | $ 58,000,000.00 |
CAG | CAPE RANGE LTD | 0.77 | -8 | -64 | $ 65,253,476.00 |
BUD | BUDDY TECHNOLOGIES LTD | 0.035 | -5 | -65 | $ 72,966,720.00 |
TGO | TRIMANTIUM GROWTHOPS LTD | 0.44 | -14 | -66 | $ 61,177,984.00 |
SIS | SIMBLE SOLUTIONS LTD | 0.057 | -17 | -67 | $ 7,485,504.00 |
AO1 | ASSETOWL LTD | 0.008 | -11 | -69 | $ 2,409,766.50 |
ADA | ADACEL TECHNOLOGIES LTD | 0.515 | 7 | -70 | $ 38,887,164.00 |
CCG | COMMSCHOICE GROUP LTD | 0.039 | -3 | -70 | $ 7,085,397.50 |
RFN | REFFIND LTD | 0.003 | 0 | -70 | $ 1,921,500.00 |
DCC | DIGITALX LTD | 0.036 | -12 | -70 | $ 21,463,804.00 |
IHR | INTELLIHR LTD | 0.051 | -23 | -72 | $ 9,078,021.00 |
DXN | DXN LTD | 0.048 | -4 | -73 | $ 18,063,586.00 |
BRN | BRAINCHIP HOLDINGS LTD | 0.0445 | -2 | -74 | $ 55,448,728.00 |
QFY | QUANTIFY TECHNOLOGY HOLDINGS | 0.005 | 11 | -74 | $ 7,445,192.00 |
MBM | MOBECOM LTD | 0.042 | -26 | -75 | $ 11,119,928.00 |
QTG | Q TECHNOLOGY GROUP LTD | 0.009 | 29 | -78 | $ 1,351,855.38 |
OLV | OTHERLEVELS HOLDINGS LIMITED | 0.009 | -18 | -78 | $ 2,581,572.50 |
ARQ | ARQ GROUP LTD | 0.605 | -3 | -81 | $ 72,057,360.00 |
DSE | DROPSUITE LTD | 0.027 | -7 | -81 | $ 13,329,374.00 |
CCA | CHANGE FINANCIAL LTD | 0.056 | -3 | -82 | $ 5,535,243.50 |
SRO | SHAREROOT LTD | 0.001 | 0 | -83 | $ 2,849,065.50 |
SYT | SYNTONIC LTD | 0.002 | 0 | -86 | $ 6,793,184.00 |
FGO | FLAMINGO AI LTD | 0.004 | -33 | -86 | $ 4,480,511.00 |
IAM | INTIGER GROUP LTD | 0.001 | 0 | -94 | $ 1,677,895.88 |
SF1 | STEMIFY LTD | 0.025 | -73 | -98 | $ 3,646,103.00 |
SMX | SECURITY MATTERS LTD | 0.4 | 0 | 100 | $ 44,513,552.00 |
AR9 | ARCHTIS LTD | 0.1 | 10 | -50 | $ 12,309,698.00 |
ID8 | IDENTITII LTD | 0.34 | -9 | -57 | $ 18,536,392.00 |
NVU | NANOVEU LTD | 0.045 | -21 | -78 | $ 5,963,859.00 |
RDY | READYTECH HOLDINGS LTD | 1.725 | 7 | 15 | $ 127,208,536.00 |
360 | LIFE360 INC-CDI | 3.2 | -13 | -27 | $ 471,526,624.00 |
WSP | WHISPIR LTD | 1.33 | 0 | -17 | $ 137,564,128.00 |
SZL | SEZZLE INC-CDI | 2.11 | -10 | 49 | $ 366,387,616.00 |
TYM | TYMLEZ GROUP LTD | 0.063 | -6 | -72 | $ 8,232,838.00 |
SPT | SPLITIT PAYMENTS LTD | 0.425 | -11 | 112 | $ 130,701,592.00 |