Australian Equities: The Return of Profitable Tech
01 June 2023
In this paper our investment partner, Northcape Capital, share their observations on the current state of play in the Australian technology sector. They argue that the tech sector is undergoing a shift as investors focus more on companies with strong business models and a path to profitability as opposed to the previous preference for growth at all costs. In Northcape’s view, companies that are unable to adapt to the changing environment are likely to be left behind.
