It's no secret that the best way to make money from investing is to buy and hold high-quality ASX shares for years on end. This allows compounding to take place, which is one of the most powerful forces in finance.

By regularly buying more shares of high-conviction companies, we can remove some of the emotion and tendency to try and time the market. For the average investor, the appeal of picking the highs and lows leads to long-term underperformance compared to the S&P/ASX 200 Index (ASX: XJO).

Today, I want to share with you three ASX shares that I am personally planning to buy more of over time. In my opinion, each of these businesses represents an attractive investment opportunity with a long runway for growth ahead.

I won't stop buying these 3 ASX shares anytime soon

Each company that I'll mention today is quite different in terms of market capitalisation, sector, and stage of development. This provides some valuable diversification benefits and reduces the overall risk of the portfolio.

Personally, I'm a big fan of taking a 'GDV' (growth, dividend, and value) approach to investing in ASX shares. This doesn't mean it's necessarily the right approach, but there are two key benefits to this investing style, in my opinion:

1. It dampens the peaks and troughs in the portfolio compared to if it were completely invested in only growth shares or only dividend shares. At the moment, this has proved comforting when many growth-orientated shares have lost support in the market.
   
2. It opens the portfolio to many opportunities that may not otherwise be considered purely because they don't fit into a specific box at a single point in time. For example, Microsoft Corporation (NASDAQ: MSFT) failed to grow its net income for 9 out of 10 quarters between 2014 and 2016 — some might have considered it a deteriorating 'value' share — yet, the company, by all accounts, has been a colossus, compounded over the ensuing years.

Having said that, let's dive into the shares!

Ansarada Group Ltd (ASX: AND)

The first ASX share I'll be regularly buying more of is Ansarada Group. This fast-growing software-as-a-service (SaaS) company provides cloud-based software solutions that help businesses manage their data during key corporate events, such as mergers & acquisitions (M&A).

At a market capitalisation of around $135 million and currently loss-making, Ansarada quenches the 'growth' thirst for me. Based on its latest full-year results, the company delivered 44% revenue growth year on year with a gross margin of 95%.

I think Ansarada is an ASX share with the potential to deliver tremendous shareholder returns as it expands its software offering to more day-to-day operations reliant on orderly data.

Jumbo Interactive Ltd (ASX: JIN)

This company has been a staple of my portfolio for several years now, with my first buy at around $2.70 a share. Jumbo Interactive provides digital lottery services across Australia, Canada, and the United Kingdom.

During my time as a shareholder (going back to 2017), Jumbo has grown its net profits after tax (NPAT) by nearly fourfold. Aiding in this growth has been a successful acquisition strategy, broadening the company's growth potential.

However, I personally consider Jumbo a cornerstone dividend share in my portfolio. This ASX share is currently trading on a dividend yield of 3.1%.

Sonic Healthcare Ltd (ASX: SHL)

That only leaves us with the 'value' component of the portfolio. Sonic Healthcare is a global leader in providing pathology and radiology services. It has a market capitalisation of around $16 billion, making it the largest ASX share on this list.

At present, Sonic is trading on a price-to-earnings (P/E) ratio of around 11 times. This represents a notable discount when compared to the global healthcare industry average of around 18 times earnings.

Personally, I believe Sonic Healthcare has an attractive valuation considering the healthcare sector's long-term tailwinds. Furthermore, the market appears to be pricing Sonic as though its growth days are behind it. However, I'm quietly confident there could be much more to come, fuelled by acquisitions and advancements in artificial intelligence.

The post 3 ASX shares I'll be buying and holding for years to come appeared first on The Motley Fool Australia.

Three top ASX shares leading brokers have named as buys this week are listed below. Here's why they are bullish on them:

Ansarada Group Ltd (ASX: AND)

According to a note out of Morgans, its analysts have retained their add rating and lifted their price target on this deals and transaction management software company's shares to $1.90. This follows the release of a full year result that was in line with expectations. And while trading conditions have been soft early in FY 2023, Morgans believes any share price weakness should be seen as a buying opportunity. It rates Ansarada's management team, product offering, and medium term outlook highly. The Ansarada share price is trading at $1.55 today.

NextDC Ltd (ASX: NXT)

A note out of Morgan Stanley reveals that its analysts have retained their overweight rating and $14.00 price target on this data centre operator's shares. Morgan Stanley has been looking at potential earnings risks from higher energy prices. However, it concludes that these costs are manageable and should be able to be passed through to customers. As a result, it remains positive on the company's outlook. The NextDC share price is fetching $9.89 on Monday.

Pilbara Minerals Ltd (ASX: PLS)

Analysts at JP Morgan have upgraded this lithium miner's shares to an overweight rating with an improved price target of $4.10. The broker made the move after increasing its lithium demand outlook to reflect higher electric car penetration rate assumptions. This is being supported by government incentives. The Pilbara Minerals share price is trading at $3.68 on Monday afternoon.

The post Leading brokers name 3 ASX shares to buy today appeared first on The Motley Fool Australia.

It's the final day of ASX reporting season and as per usual, we've seen a flock of ASX small-cap shares wait until the last day to drop results.

Market sentiment has been mixed today, with the S&P/ASX 200 Index (ASX: XJO) printing a 0.22% loss at the time of writing.

But the S&P/ASX All Technology Index (ASX: XTX) has found its groove, jumping 1.43% in afternoon trade.

Here are three small-cap ASX tech shares making moves today after reporting full-year FY22 results.

Novatti Group Ltd (ASX: NOV)

The Novatti share price is holding its ground today as investors digest the payment company's FY22 results.

At the time of writing, Novatti shares are trading at yesterday's closing price of 20 cents apiece after earlier recording a 5% jump to 21 cents a share around midday. This gives the company a current market capitalisation of $68 million.

In FY22, Novatti generated record revenue of $32.6 million, almost double the prior year. This came on the back of four consecutive record quarters of revenue.

During the year, Novatti completed an $8 million acquisition of ATX, a Malaysian fintech company.

It also acquired a 19.9% strategic stake in accounting software company Reckon Limited (ASX: RKN).

These acquisitions and associated capital raisings meant that the company's share count increased by 38% in FY22.

Across the year, Novatti burned through $13.0 million of operating cash flows and delivered an expanded net loss of $16.6 million.

Ansarada Group Ltd (ASX: AND)

Unlike Novatti, the Ansarada share price is finding itself under pressure today, sliding 6% at the time of writing to $1.72.

The M&A software company handed in its FY22 results this morning, headlined by a 44% jump in revenue growth. 

However, some of this growth was acquisitive after Ansarada completed the acquisition of TriLine GRC in late October 2021.

The company's customer count now stands at 5,251, up 52% from 3,997 at the end of FY21.

Ansarada remains debt free and generated $12.6 million of adjusted cash flow from operations in FY22, up 38% from the prior year.

Despite the positive cash flow, Ansarada delivered a net loss of $8.6 million as the company continues to scale.

The company noted that M&A volumes peaked mid-year and have been subdued since, impacting the start of FY23. It expects deal volumes to recover in the second half of FY23.

Credit Clear Ltd (ASX: CCR)

Last but not least, Credit Clear is another small-cap ASX tech share reporting results today.

At the time of writing, the Credit Clear share price has climbed 2.53% to 40.5 cents. This bumps up the company's market cap to $119 million.

On the surface, the company delivered rapid top-line growth in FY22, with revenue up 95% to $21.4 million. However, the majority of this growth was acquisitive. 

In February, Credit Clear finalised the $46 million acquisition of ARMA, a provider of debt recovery solutions in Australia and New Zealand. At the time, management said ARMA was slated to increase Credit Clear's revenue by 140% on a pro-forma FY21 basis.

The company ended the financial year with 696 active clients and 831,000 active customer accounts. Both of these metrics more than doubled in FY22.

For the full year, Credit Clear reported net cash operating outflows of $5.9 million. Its net loss expanded from $8.0 million in the prior year to $12.6 million in FY22.

The company ended the year with a revenue run rate of $37.4 million. It noted it was operationally profitable in May and June, which has continued into the first quarter of FY23.

The post 3 ASX tech shares on the move following earnings results appeared first on The Motley Fool Australia.

With the August earnings season about to kick off, ASX companies big and small will soon turn in their report cards for mums, dads (and every other type of investor!) to judge their progress.

But before the bell rings on the duxes and drop-outs, we asked our Foolish contributors to let us know which ASX shares they reckon will top the class in the long run. Here is what the team came up with:

7 best ASX shares for August 2022 (smallest to largest)

• Lindsay Australia Limited (ASX: LAU), $144.95 million
• Electro Optic Systems Holdings Ltd (ASX: EOS), $148.86 million
• Ansarada Group Ltd (ASX: AND), $164.82 million
• Temple & Webster Group Ltd (ASX: TPW), $637.52 million
• Charter Hall Long WALE REIT (ASX: CLW), $3.29 billion
• Treasury Wine Estates Ltd (ASX: TWE), $8.84 billion
• South32 Ltd (ASX: S32), $17.63 billion

(Market capitalisations as of 31 July 2022)

Why our Foolish writers love these ASX shares

Lindsay Australia Limited

What it does: Lindsay Australia is an integrated transport, logistics, and rural supply company. It has a large and growing fleet of road and rail transport, along with more than 40 rural supply stores and transport depots.

By Bernd Struben: The Lindsay share price has gained around 17% so far in 2022, despite skyrocketing fuel costs. Even following that gain, the stock trades at a reasonable price-to-earnings (P/E) ratio of 20 times. And, I believe it has strong growth potential with the end-to-end solutions the company provides to Australia's farmers by simplifying transport and logistics issues across the agricultural sector. That's particularly relevant in light of a growing global food crunch.

In its FY22 first-half (H1) results, Lindsay reported a 20.2% year-on-year increase in underlying earnings before interest, tax, depreciation, and amortisation (EBITDA), which reached $31.4 million. The company also continues to expand its rail fleet, adding 50 refrigerated containers in H1, bringing the total to 350.

Lindsay is also a reliable dividend payer, with a current trailing dividend yield of 3.96%, unfranked.

Motley Fool contributor Bernd Struben does not own shares of Lindsay Australia Limited.

Electro Optic Systems Holdings Ltd

What it does: Electro Optic Systems (EOS) is an Australian-owned and operated defence, space and communications company.

By Aaron Teboneras: EOS designs, manufactures and exports advanced technology systems. Key applications include sensors and systems for space domain awareness, optical, microwave and on-the-move satellite products, and remote weapons systems.

With the EOS share price currently trading not far off multi-year lows at 91 cents, I believe this has created an attractive buying opportunity for long-term investors.

Defence capabilities among Australia and its allies have been growing in importance since Russia's invasion of Ukraine and China's assertiveness in the Indo-Pacific region. This has highlighted a need among many EOS customers, including NATO, to increase their defence expenditure.

In FY2021, EOS reported record revenue of $211.8 million. That was 17.5% higher than what it achieved in FY2020 ($180.2 million). The company expects FY22 revenue to be equal to or higher than FY21.

Furthermore, the defence contractor continues to heavily invest in the future, particularly in its SpaceLink division. The total addressable market for this is estimated to be around US$2 billion per annum from 2024.

Motley Fool contributor Aaron Teboneras owns shares of Electro Optic Systems Holdings Ltd.

Ansarada Group Ltd

What it does: Ansarada is a provider of specialised cloud-based software addressing the needs of companies and organisations requiring data management solutions for managing mergers and acquisitions, tender processes, and board meetings.

By Mitchell Lawler: The tech sector has been punished so far in 2022. However, while it is not uncommon to find small-cap ASX tech shares showing falls of more than 40% on a year-to-date basis, the Ansarada share price has been somewhat resilient, retracing 19% since the start of the year.

Notably, the reduction in the company's share price has coincided with sustained growth across key metrics. Last week, Ansarada released its fourth-quarter results for FY22. Positively, revenue increased 43% year-on-year (YoY) to $12.9 million, accompanied by customer growth of 52% YoY.

With an impressive staple of clients, zero debt, and $22 million in cash, I believe Ansarada is currently a relatively well-positioned company.

Motley Fool contributor Mitchell Lawler owns shares of Ansarada Group Ltd.

Temple & Webster Group Ltd

What it does: Temple & Webster is the largest, online-only retailer of furniture and homewares in Australia. A majority of the 200,000 products for sale on the company's website are held and directly despatched to customers by external suppliers. Temple & Webster also has a growing private-label range.

By Tristan Harrison: The Temple & Webster share price has fallen heavily in 2022, which I think has created an opportunistic time to buy.

The company continues to grow strongly, with its latest trading update showing 23% revenue growth year-on-year.

The ASX retailer is adding new growth avenues, such as its 'The Build' website for home improvement. It's also aiming to boost its productivity and customer experience by investing in areas such as data, personalisation, AI, augmented reality and logistics.  

I believe greater scale can benefit Temple & Webster's unit economics and enable further re-investment. Plus, it's considering "opportunistic inorganic activity", meaning potential acquisitions.

Motley Fool contributor Tristan Harrison does not own shares of Temple & Webster Group Ltd.

Charter Hall Long WALE REIT

What it does: Charter Hall Long WALE REIT is a real estate investment trust (REIT). It owns a portfolio of properties with long weighted average lease expiries (WALE).

By Sebastian Bowen: I believe Charter Hall Long WALE REIT is an investment worth considering as we head into the last month of winter. This property trust specialises in holding real estate assets with long WALEs, as its name implies. These include distribution centres, offices, and pubs, among others.

Many of these properties are held with lease agreements spanning more than a decade, with inflation-linked rental increases built into many. This arguably provides investors today with much-needed certainty in an uncertain investing environment.

Even better, on recent pricing, this REIT offers a trailing distribution yield of close to 7%. As such, it could well be worth a look this August.

Motley Fool contributor Sebastian Bowen owns units of Charter Hall Long WALE REIT.

Treasury Wine Estates Ltd

What it does: Treasury Wine is the maker, marketer, and supplier of iconic Australian wine brands including Penfolds, Wolf Blass, and 19 Crimes.

By Brooke Cooper: The Treasury Wine share price has had a rough trot over the last few years.

It's been impacted by the pandemic, Chinese tariffs on Australian wine, and general market weakness.

In fact, the stock is around 24% lower than it was at the start of 2020, trading at $12.25. However, brokers are tipping a turnaround.

Morgans has slapped Treasury Wines shares with an 'add' rating and a $13.93 price target.

The broker believes the company is gearing up to post a few years of strong earnings growth, starting with the six months ended 30 June.

Motley Fool contributor Brooke Cooper does not own shares of Treasury Wine Estates Ltd.

South32 Ltd

What it does: South32 is one of Australia's largest miners. It has a portfolio of world-class assets across a range of locations and commodities, including aluminium, copper, and nickel.

By James Mickleboro: I think South32 shares could be a top option for investors in August. Last month, the miner released its fourth quarter and FY2022 production update and revealed it had another solid year despite battling weather, COVID, and labour headwinds.

In light of this, and the strong prices South32 is commanding for a number of the commodities it produces, the company appears well-placed to deliver bumper free cash flow when it releases its full-year results later this month. And thanks to its strong balance sheet, this could potentially mean big dividends for shareholders.

Looking ahead, I believe the future is bright for South32 due to its exposure to commodities that are integral to the decarbonisation megatrend. So with its shares changing hands for just 0.75x net asset value, compared to Fortescue Metals Group Limited (ASX: FMG) at ~1.4x, this could make South32 great value today.

Motley Fool contributor James Mickleboro does not own shares of South32 Ltd.

The post Top ASX shares to buy in August 2022 appeared first on The Motley Fool Australia.

The Ansarada Group Ltd (ASX: AND) share price surged to a five-month high on Tuesday after it posted a record quarter.

The Ansarada share price surged 6% to $1.35 ahead of the close when the IT sector was struggling to keep its head above water today.

In contrast, the S&P/ASX 200 Index (Index:^AXJO) eked out a 0.2% improvement as it gave up most of its morning gains.

Big customer growth drives Ansarada share price higher

But the Ansarada share price remained well bid as management reported a 99% increase in new customer wins for the June quarter compared to the same period last year.

This takes total subscribers on its confidential information sharing platform to 2,566, which is a 41% uplift over 4QFY20.

What's more, the customer wins have translated to a 17% improvement in revenue to $9.3 million in the latest quarter. Deferred revenue is up a more impressive 76% to $13.6 million over the same periods.

Ansarada share price still lagging peers

Shareholders will be hoping that the latest quarterly marks a turnaround in disappointing performance of the Ansarada share price.

Even with today's big rally, its shares are still down by nearly a third over the past year following its reverse takeover of The Doc Yard.

That's surprising given that anything to do with tech and growing recurring revenues would be hot property.

Just look at the Xero Limited (ASX: XRO) share price, Afterpay Ltd (ASX: APT) share price and Life360 Inc (ASX: 360) share price.

Why Investors are overlooking Ansarada

Perhaps one big issue is that not many retail investors understand the value proposition of the Ansarada offering.

It's software as a service (SaaS) platform allows enterprise customers to share and collaborate on confidential documents. Such a service is useful in mergers and acquisitions (M&As), sharing of board papers and tenders.

These aren't small niche markets. Ansarada is trying to point out the size of the opportunity by highlighting its use in the global infrastructure boom.

Chasing big market opportunities

Governments around the world are ramping up infrastructure construction as a way to stimulate their economies in the COVID-19 aftermath. Ansarada reckons the size of this opportunity is worth US$3.9 trillion.

Ansarada is leveraged to this theme as it says governments use its Tenders and Deals products to manage high-value/high-risk information.

This isn't only in the management of the tender process, but also the lifecycle of financing and M&A activities across the infrastructure asset lifecycle.

The post Ansarada (ASX:AND) share price surges on record quarter appeared first on The Motley Fool Australia.

Ansarada Group Ltd (ASX: AND) shares are rocketing today after the company released its latest quarterly report and investor update. At the time of writing, the Ansarada share price is trading 13.64% higher at $1.25. 

Let's take a look at what's boosting the legal and financial software developer's shares.

Continued growth

Ansarada posted 29% year-on-year (YoY) growth in the third quarter of FY21 (Q3), increasing its total customer numbers to 3,210. This represents an increase of 18% YoY and 6% quarter on quarter (QoQ). The company is currently experiencing a record rate of increase in active customers, with 15 years of continued customer growth.

E-commerce platforms are driving Ansarada's customer growth, with the rapid expansion of the company in this market increasing in each quarter over the past few years. The significant growth in its e-commerce channel contributed 26% of the total increase in active customers.

An increasing volume of signups is also occurring globally. According to the company, this highlights the scalability and operating leverage of its business.

Ansarada achieved $2.1 million in positive cash flow from operations for the quarter and, as at the end of March, has a $22 million total cash balance with zero debt. The company is launching its newest platform for businesses, Workflow, in early Q4.

The company says Workflow enables customers to enhance their project management by simplifying deal-making processes and legal requirements. According to Ansarada, Workflow is "highly differentiating" against competitor products and will assist the company to capture increased market share and subscription revenue growth.

Differentiation is key since Ansarada operates in the highly competitive software industry. It develops and provides cloud-based software for legal and finance organisations.

Ansarada operates a software-as-a-service (SaaS) model and targets clients that undertake complex transactions. These include legal and accounting firms, corporate and financial advisers, financial institutions and listed or multinational companies.

The company's software encompasses workflow management, collaboration, secure file sharing, project management, and escrow services. Geographically, the majority of Ansarada's business is carried out in the Australian market.

Ansarada share price snapshot

Including today's boost, the Ansarada share price has gained a whopping 635% over the past 12 months. However, the company's shares have fallen by around 8% year to date. Ansarada has a current market capitalisation of around $89 million.

The post Why is the Ansarada (ASX:AND) share price flying 14% today? appeared first on The Motley Fool Australia.

Our market continues to build on gains for 2021 and those looking for new buying opportunities will want to read on.

Brokers have initiated research coverage on two new ASX stocks that have recently hit the bourse.

The Ansarada Group Ltd (ASX: AND) share price is the latest "buy" rated stock from Moelis Australia. The investment bank started covering the governance platform provider following its reverse takeover of The Doc Yard Ltd (ASX: TDY).

The latest high-growth ASX IT stock to buy

The cloud-based platform allows companies to securely share sensitive documents, such as for board meetings, takeovers and audits.

This means the AND share price should benefit from the expected rebound in mergers and acquisitions (M&As) in 2021.

If you believe that high-growth tech stocks will keep delivering this year, then Ansarada might be a good one for your watchlist.

Multiple catalysts to drive the Ansarada share price

There are other reasons why Moelis likes the stock. This includes good subscription growth potential and expected positive earnings before interest, tax, depreciation and amortisation (EBITDA) this financial year.

"Overall, we expect AND to benefit from the global trend of increased regulation on security and data management and exhibit strong growth over CY21 as M&A markets recover and revenue diversifies across new & enhanced platform use cases," said Moelis.

Moelis' 12-month price target on the stock is $1.83 a share.

Better than forecasts growth

Another new entry to the ASX that is worth watching is the Liberty Financial Group Pty Ltd (ASX: LFG) share price.

The analysts at Macquarie Group Ltd (ASX: MQG) initiated coverage on the recently listed financial services group with an "outperform" recommendation.

"Better-than-expected margins, book growth and asset quality vs Prospectus assumptions should support earnings ~15% above Prospectus NPATA, in our view," said the broker.

"Liberty is benefiting from wider-than-anticipated net interest margins, with BBSW (1mth) ~9bps below the RBA cash rate vs a long-term ~20bps premium."

Winning by a big margin

A modest 10 basis point (0.1 percentage point) change in margins will have a 6.3 percentage point impact on net profit before amortisation of acquired intangible assets (NPATA).

"Liberty should remain a leader in the non-bank sector, with its industry position supported by well-developed capital management capability, high level of funding stability and cost efficiency," added Macquarie.

"Interestingly, Liberty is the only Australian non-bank finance company with a public investment-grade issuer rating."

The broker's 12-month price target on the LFG share price is $8.27 a share.

The post Brokers are urging you to buy these 2 newly listed ASX stocks today appeared first on The Motley Fool Australia.