Business
2 little known ASX growth shares to buy
There are some little known ASX growth shares that some investors may be interested in.
Smaller businesses may have more growth potential than larger businesses.
Here are two contenders:
Volpara Health Technologies Ltd (ASX: VHT)
Volpara is an ASX healthcare software business involved in screening for breast cancer.
The company recently announced its quarterly update for the three months to 31 December 2020.
It said that its annual recurring revenue rose by 20% to NZ$20.7 million (US$13.5 million), driven by increasing demand for the Volpara breast health platform. It received quarterly cash receipts of NZ$4.6 million despite COVID-19 and the weak US dollar.
Average revenue per user (ARPU) increased by 5% to US$1.22. Client…
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