Emerging software product and services company Bravura Solutions Ltd’s (ASX: BVS) share price has stormed 147% higher in the last 12 months, up a further 1.3% to $4.42 at the time of writing.
Still considered by many as a “speculative” pick, Bravura has continued on a strong share price incline in the last year, despite market volatility across most major sectors, including technology.
Bravura’s popularity has no doubt been bolstered by its solid FY18 results which saw NPAT jump up 27% to $27 million and revenue increase by 15% to $221.5 million.
Other fast-growing tech stocks to keep an eye on include Altium Limited (ASX: ALU), an electronic design company asserting itself as a serious growth stock with a target of 100,000 subscribers by 2025.
Xero Limited (ASX: XRO) and Afterpay Touch Group Ltd (ASX: APT) also clearly rate a mention here, with both companies heavily focused on US expansion – the success of which would promise tremendous organic growth.
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Motley Fool contributor Carin Pickworth has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of AFTERPAY T FPO, Altium, Bravura Solutions Ltd, and Xero. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.