Should you buy these 2 AIM tech stocks with over 150% return in a year?

Highlights

  • Accesso Technology Group’s revenues stood at $50.7 million in H1 2021 (ended 30 June) compared to $24.6 million in H1 2020, representing an increase of 106.1% year-on-year.
  • Cerillion announced an interim dividend of 2.10 pence per share to shareholders in H1 2021, an increase of 20% year-on-year compared to 1.75 pence per share in the previous year.

Over the last few years, a number of new technology companies have mushroomed. These companies are in high demand from various end-use sectors due to their advanced and innovative offerings. Various enterprises use technology solutions from these players for the digital transformation of their business processes. However, most of these companies are relatively small and often do not wish to list on the main market of the London Stock Exchange (LSE) and often list on the submarket, such as AIM. These companies such as Accesso Technology and Cerillion, offer high returns and may thus serve as attractive investment options for investors. Below is a detailed review of the investment prospect in these two AIM technology stocks.

Accesso & Cerillion: One year return and market cap details

(Data source: Refinitiv)

Accesso Technology Group Plc (LON: ACSO)

Accesso Technology Group is a provider of ticketing, virtual queuing, point of sale, and guest experience management solutions to the entertainment and leisure sectors.

The shares of Accesso Technology Group are trading at GBX 860.00 at 11:07 AM BST on Monday, 25 October 2021. The market cap of the company currently stands at £354.88 million, and the shares of Accesso Technology Group gave a return of 204.29% to shareholders in the last one year.

Accesso Technology Group’s revenues stood at $50.7 million in H1 2021 (ended 30 June) compared to $24.6 million in H1 2020, representing an increase of 106.1% year-on-year. Its EBITDA registered a year-on-year growth of 194.7% to $9.8 million in H1 2021. The company’s statutory profit before tax reached $0.9 million in H1 2021, representing an increase of 104.6% compared to a loss before tax of $18.5 million in H1 2020.

Accesso Technology expects its full-year 2021 revenue to reach over $117 million, which represents its complete recovery to 2019 trading levels. 

Cerillion Plc (LON: CER)

Cerillion is a telecom software provider engaged in offering charging, billing, and customer management systems and solutions. Last month, Cerillion inked a 6-year extension agreement worth £4.2 million with OpenNet to upgrade the latter’s core BSS platform to Cerillion 21. It also inked a five-year contract with Neos Networks to provide an end-to-end BSS platform for its wide connectivity business in the UK.

The shares of Cerillion are trading at GBX 805.00, down by 0.62% at 11:03 AM BST on Monday, 25 October 2021. The market cap of the company currently stands at £239.06 million, and the shares of Cerillion gave a return of 158.06% to shareholders in the last one year.

Cerillion’s new orders in H1 2021 represented an increase of 148% year-on-year to £23.6 million compared to £9.5 million in H1 2020. Its revenues registered a year-on-year growth of 26% to £12.8 million in H1 2021 compared to £10.2 million in H1 2020.

Cerillion announced an interim dividend of 2.10 pence per share to shareholders in H1 2021, an increase of 20% year-on-year compared to 1.75 pence per share in the previous year.

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