Business
2 ASX tech shares growing rapidly to buy
There are a number of companies in the tech sector that are growing at a strong rate currently
Two that you might want to get better acquainted with are listed below. Here’s what you need to know about them:
The first ASX tech share to look at is ELMO. It provides a cloud-based human resources and payroll software platform that streamlines a number of important business processes such as employee administration, remuneration, and payroll.
ELMO has been a strong performer once again in FY 2021. Last month it released its half year results and revealed a 42.8% increase in annualised recurring revenue (ARR) to a record $74.2 million. This was driven by a combination of organic growth and the benefits of acquisitions.
Morgan Stanley…
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