Group 1: ACM Research (ACMR) - ACM Research is strategically investing in expanding its facilities in the U.S., Korea, and China, including a new site in Oregon [2] - The production, research, and development center in Lingang, China, is nearing completion, focusing on enhancing manufacturing capabilities and innovation in semiconductor technology [2] - The company is proactively meeting client demands and expanding service capabilities internationally, evidenced by growth in personnel and facilities in Korea and the U.S. [3] Group 2: SoFi (SOFI) - SoFi achieved a significant milestone with non-lending categories accounting for 40% of adjusted net revenue in Q4 2023, indicating revenue diversification [4] - The combined contribution of the Tech Platform and Financial Services divisions to adjusted net revenue increased to 40% from 34% in Q4 2022, with Financial Services generating over $430 million in sales for the year [5] - Consolidated full-year adjusted net revenue reached $2.1 billion, a 35% increase from the previous fiscal year, highlighting SoFi's ability to monetize products and attract a wider clientele [5] Group 3: Mitek (MITK) - Mitek is positioned in a large market potential due to the convergence of identity and fraud, particularly in regulated sectors like financial services and healthcare [6] - The company experienced a 20% year-over-year increase in revenue from deposits, reflecting growing demand for its products in the banking industry [6] - Mitek's mobile deposit business recorded over 1.2 billion mobile check deposits in fiscal 2023, indicating steady income streams and long-term expansion potential [7]
Silent Giants: 3 Stocks Poised to Skyrocket Beyond Analyst Expectations