Overview of the TechRise Conference
Shaw and Partners recently held its TechRise Conference, where several emerging ASX technology companies presented their future outlooks. This event provided an opportunity for investors to gain insights into companies that could offer substantial returns. In this article, we explore two of these companies that have been highlighted as having high potential for significant share price growth.
Readytech Holdings Ltd (ASX: RDY)
Readytech Holdings Ltd is a company that offers cloud-based software-as-a-service products tailored for the education, workforce, government, and justice sectors. With a market capitalization of $170 million, the company reported first-half revenues of $61.6 million, representing a 5.6% increase. Notably, 84% of this revenue came from subscription-based models.
At the TechRise conference, CEO Marc Washbourne delivered a confident update, reaffirming the company’s FY26 guidance. Shaw and Partners noted improvements in H2 pipeline conversion, stabilizing churn, and growing confidence that margins have reached their lowest point. The management also discussed portfolio rationalization and positioned AI-driven engineering productivity and Orqestra’s orchestration layer as potential enablers for faster development, lower costs, and structurally improved margins over time.
Orqestra is an AI product that allows customers to “access trusted insights through natural language prompts within their existing workflows, reducing reliance on traditional reporting and enhancing decision velocity,” according to Readytech.
Shaw and Partners has issued a buy recommendation for Readytech shares with a price target of $2.80, compared to the current price of $1.34. Over the past 12 months, Readytech shares have reached as high as $2.80.
Kinatico Ltd (ASX: KYP)
Kinatico Ltd is another company that has caught the attention of Shaw and Partners. Its shares have been trading towards the lower end of their range over the past 12 months, but if the team’s analysis is accurate, it presents a compelling buying opportunity. The company provides software solutions for businesses to stay compliant across workforce management and is also a software-as-a-service provider.
During the TechRise presentation, a key point emphasized by the company was that it had completed the challenging work of building its platform and was now poised to reap the benefits. Shaw and Partners highlighted that the commentary reinforced the significant operating leverage potential of the platform. Management stated that the business could “double revenue without changing operating headcount,” while addressing concerns about the “SaaSpocalypse” by positioning AI as a structural benefit underpinned by KYP’s trusted compliance data and AI-native architecture.
AI-driven productivity gains are increasingly viewed as a medium-term “step change” opportunity rather than theoretical upside. Shaw and Partners has set a price target of 38 cents for Kinatico shares, compared to the current price of 16 cents. The company is valued at $72.2 million.
Conclusion
Both Readytech Holdings Ltd and Kinatico Ltd present unique opportunities for investors looking to capitalize on the growth of ASX technology stocks. While Readytech offers a robust platform with a strong focus on AI and subscription revenue, Kinatico’s potential for operating leverage and AI integration makes it an attractive investment. As always, investors should conduct thorough research and consider their risk tolerance before making any investment decisions.
