A handful of UK tech companies are quietly gaining momentum this July—even as the broader market slips under the weight of sluggish Chinese trade data and persistent supply chain hiccups. From biotech breakthroughs to audio tech innovators, these firms are turning heads with double-digit revenue and earnings growth while most indexes are struggling to stay afloat.
The FTSE 100 and FTSE 250 closed lower again last week, dampened by continued signs of global economic strain. But beneath the surface, niche players like Faron Pharmaceuticals, Quantum Base Holdings, and SRT Marine Systems are charging ahead, flashing strong growth metrics and market-defying resilience. And they’re doing it in style.
Big Numbers and Even Bigger Ideas: Meet the Outliers
Let’s be honest, it’s not every day you see a UK tech company with revenue growth above 130%. But that’s exactly what Quantum Base Holdings posted—an eyebrow-raising 132.55% jump, along with earnings growth just shy of 93%. They’re not alone either.
Others are clocking similarly impressive stats:
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Faron Pharmaceuticals: 55.41% revenue growth, 54.99% earnings growth
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ENGAGE XR: 22.08% revenue growth, 84.46% earnings growth
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SRT Marine Systems: 45.54% revenue growth, 91.35% earnings growth
These aren’t marginal improvements. They’re a signal that, while FTSE titans wobble, smaller, more nimble firms are thriving under pressure.
Faron Pharmaceuticals: Cancer Research with Commercial Ambitions
Biotech firm Faron Pharmaceuticals has a market cap of about £240 million and a research pipeline that’s drawing serious investor interest. At the heart of that excitement is bexmarilimab, its lead immunotherapy asset.
The company recently published findings around the Clever-1 receptor—basically, it’s a new take on how cancer evades the immune system. These findings might sound academic, but they could be worth billions if the drug proves effective across multiple cancer types. Autoimmune diseases might also be in play.
In other words, Faron isn’t just pushing lab coats and pipettes. It’s trying to reset the table for how cancer and immunity are understood—and treated.
One banker who tracks the sector closely put it like this: “It’s early days, sure, but the science is sound and the upside could be massive if trials go the way Faron hopes.”
Audioboom, YouGov, and the Data-Driven Side of Tech
Not every star on the list wears a lab coat. Audio content platform Audioboom and polling powerhouse YouGov are showing there’s room in the UK tech scene for solid, scalable media and data businesses.
Audioboom, despite recent dips in share price, saw earnings grow by more than 59%. And YouGov, though slower on the revenue side (3.98%), posted a surprising 64.42% earnings growth. That’s no accident. These are firms with strong branding, sticky customers, and scalable business models in a world obsessed with content and analytics.
And yes, they’re both still flying slightly under the radar—which could make them juicy prospects for investors looking for something outside the tech mega-cap usual suspects.
Quant Tech, Green Wind, and Marine Systems: A Curious Trio
Quantum Base Holdings, Windar Photonics, and SRT Marine Systems each offer something a little quirky—yet increasingly relevant—in the tech landscape.
Quantum Base’s security tech, based on quantum physics, sounds like something ripped out of a sci-fi script. But it’s real, and the 132% revenue growth is very real.
Windar Photonics? It’s producing wind sensor tech for turbines. Green energy meets precision optics. The company’s revenue growth hit 36%, with earnings pushing close to 50%.
SRT Marine is tackling the shipping world with surveillance and vessel tracking tools. Not sexy, maybe. But the numbers speak loud enough: over 45% revenue growth and more than 91% in earnings.
Here’s how a few of them stack up:
| Company | Revenue Growth | Earnings Growth | Market Cap (Est.) |
|---|---|---|---|
| Quantum Base Holdings | 132.55% | 92.87% | Private/Unknown |
| SRT Marine Systems | 45.54% | 91.35% | £130 million |
| Windar Photonics | 36.00% | 48.66% | £20 million |
These aren’t just one-trick ponies. They’re riding trends that are likely to stick—green tech, maritime logistics, and cybersecurity.
Why These Stocks Are Getting Attention Now
Timing matters. And these companies are taking off just as global investor sentiment turns cautious. High inflation, geopolitical uncertainty, and wobbly demand from China have all made “growth” a dirty word in some circles. But that’s what makes this group even more interesting—they’re growing despite it all.
Here’s what makes them stand out:
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Their products solve specific, growing problems: from cancer to wind energy to online fraud
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They have clear visibility into future earnings, even if some aren’t profitable yet
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They’re nimble, and not weighed down by legacy costs or bloated structures
It’s also worth noting that several of these stocks remain well under the radar of mainstream investment houses. That could change fast if earnings stay on track.
Risks? Plenty. But So Is the Buzz
Sure, there’s risk here. Faron is still loss-making. ENGAGE XR is a small fish in a very competitive VR pond. Audioboom has had volatile ad revenue. These are not blue-chip comfort stocks.
But they are companies with a story—and a shot. And that’s what makes them more than just another footnote in the UK tech landscape.
Sometimes it’s the quiet names that shout the loudest when it matters.
