The year, so far, has been topsy turvy but a few stocks of ASX listed companies are beginning to show promise. Two among the top growth stocks are
Pro Medicus (ASX: PME): The Quiet Achiever Making Waves in ASX Tech This Year
Pro Medicus is not chasing attention. It is earning it.
In the first half of FY25, the company reported a net profit of $51.7 million, up 42.7 percent from the prior period. Revenue rose 31.1 percent to $97.2 million. Margins expanded to 72 percent. The company remains debt-free and closed the half with $182.3 million in cash and financial assets.
But the story doesn’t stop at earnings.
In just six months, Pro Medicus secured major deals across North America:
- $40 million, 7-year contract with LucidHealth
- $20 million, 5-year contract with University of Iowa Health Care
- Combined new contracts totalling $365 million with Trinity Health, Lurie Children’s Hospital and Duly Health and Care
It also renewed two large contracts: Mercy Health ($98 million, 8 years) and an Australian radiology group ($32 million, 5 years). Additional modules were added to existing deals with Duke Health and NYU Langone worth $15 million and $24 million respectively.
The Visage 7 platform — including Viewer, Workflow and Archive — continues to drive uptake. A new multi-year research partnership with UCSF is also in place, built around the Visage AI Accelerator to support AI-led clinical development.
In March 2025, Pro Medicus was officially added to the S&P/ASX 50 index.
Everything here is real. The contracts, the margins, the market traction.
And for investors watching the ASX for 2025 leaders, this one is already moving.
REA Group (ASX: REA): The Digital Giant Quietly Dominating Property in 2025
REA Group is not just riding Australia’s real estate cycle. It is reshaping how property is searched, sold, and financed — and it is doing it at scale.
In H1 FY25, revenue rose 20 percent to $873 million. EBITDA lifted 22 percent to $535 million. Net profit hit $314 million, up 26 percent. EPS came in at $2.38 and the interim dividend jumped to $1.10, fully franked.
But the real story is deeper.
- Realestate.com.au averaged 12.3 million users per month, with 6.4 million using it exclusively
- Buyer inspection interactions increased 36 percent year over year
- Seller leads grew 88 percent and listings penetration reached new records with Premiere+
The company, among the best growth stocks to buy now, is pushing into every corner of the digital transaction. It owns Mortgage Choice, PropTrack, CampaignAgent, and Realtair. It has invested in Athena Home Loans, Arealytics, Simpology and Easiloan. It holds a 20% stake in Move, Inc. (realtor.com).
India is now a core growth engine. REA India revenue rose 46 percent, driven by Housing Edge and app-first innovation across Tier 2 cities.
REA also fully repaid $209 million in debt and now holds a $400 million undrawn facility. With operating cash flow at $325 million and free cash flow up 22 percent, the balance sheet is primed for growth.
For a company built on listings, it is checking all the right boxes.
And investors are starting to notice.
(Source: Company Announcements)
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