Investors seeking to increase their exposure to growth should consider companies such as Qantm Intellectual Property and Pro Medicus. Analysts are generally optimistic about the future of these stocks, based on how much they’re expected to earn and return. Analysing the most recent financial data, I’ve created a list of companies that compare favourably in all criteria, making them potentially good additions to your portfolio.
Qantm Intellectual Property Limited (ASX:QIP)
QANTM Intellectual Property Limited providing IP services for start-up technology businesses, multinationals, public research institutions, and universities in Australia and internationally. The company was established in 1879 and has a market cap of AUD A$203.34M, putting it in the small-cap group.
QIP’s projected future profit growth is an exceptional triple-digit, with an underlying 13.44% growth from its revenues expected over the upcoming years. Although reduction in cost is not the most sustainable operational activity, the expanding top-line growth, on the other hand, is encouraging. We see this bottom-line expansion directly benefiting shareholders, with expected return on equity coming in at a notable 23.60%. QIP’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Thinking of investing in QIP? I recommend researching its fundamentals here.
Pro Medicus Limited (ASX:PME)
Pro Medicus Limited provides radiology information systems (RIS), picture archiving and communication systems (PACS), and advanced visualization solutions worldwide. Founded in 1983, and headed by CEO Sam Hupert, the company currently employs 69 people and with the market cap of AUD A$852.59M, it falls under the small-cap category.
PME’s projected future profit growth is an exceptional triple-digit, with an underlying 75.65% growth from its revenues expected over the upcoming years. It appears that PME’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. We see this bottom-line expansion directly benefiting shareholders, with expected return on equity coming in at a notable 40.50%. PME’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Should you add PME to your portfolio? Have a browse through its key fundamentals here.
Change Financial Limited (ASX:CCA)
Change Financial Limited provides mobile banking services through the ChimpChange mobile application in the United States. Started in 2011, and run by CEO Ashley Shilkin, the company currently employs 25 people and with the stock’s market cap sitting at AUD A$65.08M, it comes under the small-cap category.