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Highlights
- The ASX All Ordinaries index is up 1.93% on a month-to-date (mtd) basis
- BrainChip, Tuas, Life360, Nearmap have gained decent share value this month
- In the March quarter 2022, Life360 reported a 43% YoY growth in Paying Circles and 63% YoY growth in subscription revenue
The ASX All Ordinaries Index gained 0.59% on 08 July. The index is up 1.93% on a month-to-date (mtd) basis. However, it is down 11.60% on a year-to-date basis. The index measures the performance of the 500 largest companies in the Australian equities market.
This article will discuss four technology stocks from the ASX All Ordinaries space that have outperformed the index in terms of mtd gains.
BrainChip Holdings Limited (ASX:BRN)
BrainChip Holdings develops software and hardware solutions. It works for advanced Artificial Intelligence and machine learning applications. The company is developing an innovative neuromorphic processor that brings artificial intelligence to the edge in a manner beyond capabilities of other products.
Tuas Ltd (ASX:TUA)
Image source: © Ipopba | Megapixl.com
Tuas Limited owns and operates a mobile network and provides telecommunications services in Singapore. The company has two subsidiaries:
- TPG Telecom Pte Ltd – offers telecommunication services in Singapore
- Tuas Solutions Sdn Bhd – offers information technology (IT), development and network support services to TPG Singapore
Life360 Inc (ASX:360)
Life360, Inc. offers safety services delivered through a mobile phone. Its subscription-based offering spans location sharing, mobility, driving, and coordination. It provides solutions through the company’s vertically integrated mobile application.
In the quarter ended 31 March 2022, Life360 reported a 43% year-on-year (YoY) growth in Paying Circles and 63% year-on-year growth in subscription revenue.
Nearmap Ltd (ASX:NEA)
Nearmap is an intelligence company providing cloud-based geospatial information services to different businesses and government organisations. The company’s products are:
- Vertical Imagery
- Oblique Imagery
- 3D Imagery and Data
- Nearmap AI
- Nearmap on OpenSolar
Recently, the company completed the research and testing phase of its new exclusive aerial camera system, HyperCamera3. The company is progressing to roll out the technology in North America and Australia in FY2022.
