How have these ASX-listed IT stocks fared in the last 52 weeks?

Highlights

• The technology sector generated AU$167 billion for the Australian economy in 2020‑21.
• In terms of market capitalisation, the ASX information technology index increased by more than 120% for the period between June 2019 and June 2021.

According to the Australian trade and investment commission (Austrade), the technology sector generated AU$167 billion for the Australian economy in 2020–21, making it the third biggest contributor for the year next to mining and finance.

Going by market capitalisation, the ASX information technology index increased by more than 120% for the period between June 2019 and June 2021.

Further, the pandemic has sent digital trends to all new heights, resulting in a transformative shift of economic activity from the physical to virtual world.

On this note, we at Kalkine Media® discuss some of the ASX-listed IT stocks that have given more than 10% price returns in the last 52 weeks.

Paygroup Limited (ASX:PYG)

Paygroup reported a 68% increase in revenue from ordinary activities during FY22. The company made these acquisitions in the reporting period:

• 100% of the issued capital of Integrated Workforce Solutions Pty Ltd (IWS).
• 100% of the issued capital of FF Partners Co., Ltd (PayAsia Japan) effective 01 July 2021.

After the reporting period, PayGroup signed a Scheme Implementation Agreement with Deel, and Deel Australia. Deel is a prominent global compliance and payroll company. Under the deal, Deel will acquire 100% of the ordinary shares in PayGroup via a scheme of arrangement for a cash consideration of AU$1.00 per PayGroup share. This represents a 174.0% premium vis-a-vis 22 June 2022’s closing price, AU$0.365.

Shares of the human capital management solutions company have escalated by about 109% in the last 52 weeks.

Silex Systems (ASX:SLX)

Silex Systems recently made an announcement regarding the initiation of silicon enrichment testing at the Silex System’s Lucas Heights technology centre located in Sydney. The testing will put into use the recently commissioned pilot demonstration facility. The beginning of testing with the pilot facility comes as the eighth milestone in the company’s ZS-Si project.

As of 30 June 2022, the company’s net assets were valued at AU$50.5 million.

The primary asset of Silex is the SILEX laser enrichment technology. Shares of the technology commercialisation company are up by about 115.8% in the last 52 weeks.

Computershare (ASX:CPU)

Computershare offers software specialised in share registry, and financial and stock markets. The share price of the company has increased by nearly 39.6% in the last 52 weeks. Below are the FY22 highlights of Computershare:

• 3% rise in total revenue.
• 5% rise in net profit after non-controlling interests.
• 7% rise in statutory earnings per share.
• 6% rise in management earnings per share (EPS).
• 3% rise in margin income.
• 30% rise in final dividend per share amounting to 30cps.
• Earnings guidance for FY2 – The company is expecting management EPS to grow by around 55%. Its guidance is around US$520 million of margin income in FY23.

Tymlez Group Limited (ASX:TYM)

                                                                 Image source: © Nicoelnino | Megapixl.com
                                                            Image description: Software for carbon reporting

Tymlez specialises in software solutions for carbon reporting. It enables companies to accurately report their carbon footprint. Shares of the company are up by around 37.5% in the last 52 weeks.

During the half-year period (01 January 2022 to 30 June 2022), the company was focused on building strong industry partnerships, gaining traction in the Australian and international markets.

In March 2022, TYMLEZ was announced as the first recipient of a grant from the HBAR Foundation’s Sustainable Impact Fund. It has been awarded a maximum of US$1 million (nearly AU$1.45 million). Other highlights during the period are

• Expansion of TYMLEZ into the United States.
• Signing of a Memorandum of Understanding (MoU) with Mavericks Microgrids.
• Exhibiting carbon emissions reporting in the dewatering industry by delivering a successful pilot.

Kyckr (ASX:KYK)

Kyckr is an ASX-listed B2B data and software company. The major technical and operational projects of Kyckr are Keystone and Symphony. Kyckr recently provided an update on its Q1FY23. Below are the highlights:

• Revenue of AU$1.085 million.
• Ending annual recurring revenue of AU$4.162 million.
• 21% increase in gross profit.
• The company is heading towards a strong sales pipeline in Q2FY23 with a backlog of contracts in negotiations.

Kyckr has gained nearly 44% in the past 52-weeks.

Data#3 (ASX:DTL)

In FY22, DTL delivered a total revenue of AU$2193 million, a 12.1% rise compared to the previous year. Similarly, the company’s earnings before interest (net) and tax increased by 20%. Its net profit margin was 1.38%, and its return on equity was 49%. As per the company, the following are the strategic priorities for FY23:

• Development of solutions and services that deliver customer success.
• Connecting with people and communities in which it operates.
• Differentiating the company through experiences delivered to customers.

Shares of the IT services and solutions provider are up by about 18.6% in the last 52 weeks.

Reckon Limited (ASX:RKN)

Reckon is an ASX-listed firm offering software solutions in the business and practice management segment. Following are the financial highlights of the company for the half year ended 30 June 2022:

• Normalised Net Profit after Tax (NPAT) of AU$6 million, an increase of 5% on the prior corresponding period (PCP).
• Normalised EBITDA of AU$18 million, a 6% surge on PCP.
• Normalised revenues of AU$39 million, up by 2% to PCP.
• Annual recurring revenue (ARR) of AU$36 million, a 5% rise on PCP.
• Fully franked interim dividend of AU$0.03 per share.

The stock value of Reckon is up by about 10.8% in the last 52 weeks.