UPDATE: Investors are being urged to closely monitor two standout ASX tech shares that are making waves in the market right now. Both companies are showing exceptional growth potential, with one experiencing staggering profit margins and the other offering a diversified investment option.
Airtasker Ltd (ASX: ART) is gaining attention with its innovative platform that connects people needing tasks done with skilled individuals and businesses. The range of services offered is vast, from accounting to pet care and construction. With a remarkable gross profit margin exceeding 90%, Airtasker is turning revenue growth into substantial profits. In FY25, the company’s marketplace revenue surged by 18.3% year-over-year, generating $15.2 million in cash flow after covering global expenses.
The international expansion of Airtasker is particularly promising. In FY25, revenue in the UK skyrocketed by 111%, while US revenue skyrocketed by an astonishing 422%. As Airtasker anticipates solid double-digit growth in FY26, investors are keenly watching this tech share’s trajectory in both domestic and international markets.
In addition to Airtasker, investors should consider the BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC). This ETF offers a broad investment across 45 leading tech companies, including heavyweights like Computershare Ltd (ASX: CPU) and Xero Ltd (ASX: XRO). With its diverse portfolio, the ATEC provides a strategic way to capitalize on the growth potential of Australia’s tech sector. Since its inception in March 2020, the ETF has delivered an impressive average annual return of 17.25%.
As tech shares in Australia continue to trade at high valuations, the ATEC ETF allows investors to tap into the collective growth of the sector without having to pick individual stocks. While past performance is no guarantee of future results, the outlook remains optimistic given the ongoing expansion of these tech companies.
NEXT STEPS: Investors are advised to monitor these developments closely, as both Airtasker and the ATEC ETF could play significant roles in shaping the future of ASX tech investing. With strong growth projections and a favorable market environment, now is the time to take action.
For those looking to diversify their portfolios or capitalize on the booming tech landscape, these two ASX shares are firmly on the radar. The urgency to act could lead to substantial opportunities as both companies continue to grow and innovate in the coming years.
Stay tuned for further updates on these exciting investments as they unfold.
