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These are the UK’s 50 best-performing public tech companies
- The UK’s top 50 performing quoted technology businesses, according to leading independent technology sector research provider, Megabuyte
- Companies ranked using Megabuyte’s proprietary Megabuyte Scorecard methodology, which uses seven growth KPIs to score companies’ performance out of 100 relative to peers
- Second year rankings published, with Silicon Valley Bank ongoing report sponsor
Megabuyte just released its annual Quoted Company Scorecard Rankings Report.
The ranking provides an independent measure of companies’ financial performance other than by share price. In March this year, Quatrix, was listed at the number one spot in the Megabuyte rankings. Not only this but in March the company had doubled its payout to investors and continues to expand in the UK, France and US.
The Founder and current CEO of Megabuyte, Ian Spence, said: “The Megabuyte Scorecard was developed to identify what a ‘good’ tech company looks like, pooling over 50 years’ collective analyst experience. As an example, and highlighted in this report, the application of the Scorecard KPIs would seem to provide a useful guide to identifying companies that are either under or over-valued. It’s our view that once companies’ formative years have passed, high growth, high margin, cash generative businesses will always provide better long term results for investors, whether in public or private markets.”
Paul Jackson, Head of Corporate Banking at Silicon Valley Bank, added: “For Silicon Valley Bank, Megabuyte continues to be an invaluable partner providing leading independent research showcasing the achievements of UK technology companies. We are delighted to sponsor this report for the second year, given the strong alignment with our public company client base. We congratulate all the businesses that made it into the Top 50.”
Highlights from the report:
- Quartix, FDM Group and GB Group are the top three ranked companies.
- Since last year’s ranking there have been six new entrants in the top 20 companies.
- Of these six new companies, three are recent IPOs – Kainos (5th), Sophos (7th) and Softcat (13th) – all of which featured in the Megabuyte50 private company rankings in 2015.
- Quoted company performance has closed the gap versus private company performance in 2015. However, privately owned software companies continue to out-perform their public company counterparts.
- While tech company share prices have remained strong on average, and substantially outperformed the wider market again in 2015 and into 2016, there continues to be a net drain of tech companies from the stockmarket.
- Software companies marginally out-perform ICT Services companies but ICT Services companies enjoy significantly stronger organic growth.
Top 20:
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- UK-fintech Provided Over £17.5m in Emergency Wage Advances to More Than 55,000 Employees in the Last Year Read more


