SEARCH
Subscribe
Track all markets on TradingView

4 TSX Tech Stocks with the Strongest Revenue Growth

Published:

Reading time: 5 min.

The four TSX tech stocks on our list have industry-leading revenue growth figures

SmallCapPower | December 20, 2017: Today, we have discovered four top performers amongst TSX tech stocks, which lead their peers in terms of revenue growth. The stocks on our list have returned 57% on average during 2017, driven primarily by their proprietary software solutions.

Kinaxis Inc. (TSX:KXS) – $75.21
Software

Kinaxis provides cloud-based subscription software for supply chain operations. The Company’s RapidResponse software connects data, processes and users onto a single platform, to give a consolidated view of a client’s entire supply chain. As a result, the software allows users to monitor progress in real time, improving operational performance.

  • Market Cap: $1,914 Million
  • YTD Total Return: 20.3%
  • 90 Day Return: 2.4%
  • 3 Year Revenue Growth (Last Reported): 89%

Baylin Technologies Inc. (TSX:BYL) – $2.65
Communications & Networking

Baylin Technologies manufactures antennas for telecom customers in a handful of jurisdictions. The Company’s products are used for cell towers, mobile devices and home networking devices. Baylin has over 1,000 employees worldwide, including ~100 engineers that work at its three production facilities in Korea, China and Vietnam.

  • Market Cap: $81 Million
  • YTD Total Return: 32.5%
  • 90 Day Return: 36.6%
  • 3 Year Revenue Growth (Last Reported): 86%

Avigilon Corp. (TSX:AVO) – $20.83
Communications & Networking

Aviglion designs and manufactures video surveillance products to a variety of industries. The Company’s products include video analytics, network video management software, along with surveillance hardware (cameras). Aviglion’s customers include school campuses, transportation systems, healthcare centers, prisons financial institutions, casinos and government offices.

  • Market Cap: $926 Million
  • YTD Total Return: 62.5%
  • 90 Day Return: 14.2%
  • 3 Year Revenue Growth (Last Reported): 66%

Tecsys Inc. (TSX:TCS) – $16.75
Software

Tecsys provides an array of enterprise-wide Supply Chain Management solutions to clients in various industry sectors, ranging from service parts to general high-volume wholesale. The Company’s main focus lies within the healthcare market. Tecsys plans to capture further market share in the healthcare industry by leveraging its unique SCM platform, which was designed specifically for the healthcare sector.

  • Market Cap: $219 Million
  • YTD Total Return: 79.0%
  • 90 Day Return: 20.5%
  • 3 Year Revenue Growth (Last Reported): 33%

Disclosure: Neither the author nor any of the principals at SmallCapPower, or their family members, own units in any of the companies mentioned above.

To read our full disclosure, please click on the button below:

The Content contained on this page (including any facts, views, opinions, recommendations, description of, or references to, products or securities) made available by SmallCapPower/Ubika Research is for information purposes only and is not tailored to the needs or circumstances of any particular person. Any mention of a particular security is merely a general discussion of the merits and risks associated there with and is not to be used or construed as an offer to sell, a solicitation of an offer to buy, or an endorsement, recommendation, or sponsorship of any entity or security by SmallCapPower/Ubika Research. The Reader should apply his/her own judgment in making any use of any Content, including, without limitation, the use of any information contained therein as the basis for any conclusions. The Reader bears responsibility for his/her own investment research and decisions. Before making any investment decision, it is strongly recommended that you seek outside advice from a qualified investment advisor. SmallCapPower/Ubika Research does not provide or guarantee any financial, legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or information source. Ubika and/or its affiliates and/or their respective officers, directors or employees may from time to time acquire, hold or sell securities and/or commodities and/or commodity futures contracts in certain underlying companies mentioned in this site and which may also be clients of Ubika’s affiliates. In such instances, Ubika and/or its affiliates and/or their respective officers, directors or employees will use all reasonable efforts to avoid engaging in activities that would lead to conflicts of interest and Ubika and/or its affiliates will use all reasonable efforts to comply with conflicts of interest disclosures and regulations to minimize the conflict.
test28872674
test28872674

Related articles

Recent articles

© SmallCapPower 2024