Below I name three tech shares I think investors should have on their watch lists.
Redbubble Ltd (ASX: RBL)
The Redbubble share price gained 4.76% on Monday's trade to close at 0.77 cents.
The company, with a market cap of $153.2 million, was founded in 2006 and provides an online marketplace for artists selling "uncommon designs" on products such as apparel, bags and housewares.
In FY17, its first full financial year as a public company, Redbubble posted a net loss after tax of $7.6 million, down by about 62% on the previous year's loss of $19.8 million.
Redbubble CEO Martin Hosking said Redbubble ended FY17 in a "strong" position and, with $27.8 million cash on hand, he believes the company is well set up for FY18.
"We expect we will move into EBITDA profitability during the second half of FY2018," Mr Hosking said.
GetSwift Limited (ASX: GSW)
The GetSwift share price has more than doubled in the past two months, going from around $1 in late August to close on Monday at $2.56.
GetSwift, which has developed software aimed at increasing delivery efficiency, counts brewer Lion Nathan, Pizza Hut and the Commonwealth Bank of Australia (ASX: CBA) among its clients.
The company has seen its share price rise amid recent positive announcements such as the company's expansion into Asia, partnership deals and the achievement of performance milestones.
On Monday, GetSwift announced it has exceeded 375,000 deliveries per month.
But the company reported a loss of $1.9 million for FY17, up 315%.
WiseTech Global Ltd (ASX: WTC)
The WiseTech Global share price has notched up solid gains since it announced its plans to acquire businesses in Europe and the United States.
WiseTech shares were trading at $8.58 in late September, when the company announced plans to acquire Cargoguide and CargoSphere, and closed on Monday at $10.76.
The company, with a market cap of $3.06 billion, posted full year EBITDA of $53.9 million for FY17, a 71% increase on the previous year.
In FY16 WiseTech's EBITDA was 44% up on the previous year and in FY15 it gained 18% on FY14's figure.
As such, WiseTech's EBITDA increased by an average of 44% per annum for the past three years.
