Insights

3 excellent small cap ASX shares to watch closely

Could these small cap ASX shares be the next Afterpay Ltd (ASX:APT) success story? Here’s what you need to know about them…
The post 3 excellent small cap ASX shares to watch closely appeared first on The Motley Fool Australia. –

A drawing of a rocket follows a chart up, indicating share price lift

If you have a high tolerance for risk, then you might want to consider adding a few small cap shares to your portfolio.

After all, if you can catch and Afterpay Ltd (ASX: APT) while it is still in its infancy, the potential returns you’ll generate are mind-blowing.

But which small cap ASX shares have a lot of potential? Three that have been tipped for big things are listed below:

Bigtincan Holdings Ltd (ASX: BTH)

The first small cap share to look at is Bigtincan. It is a leading provider of enterprise mobility software to business across the world. Bigtincan’s popular software allows sales and service organisations to increase sales win rates, reduce expenditures, and improve customer satisfaction. This is achieved through improved mobile worker productivity. Demand for its platform has been strong from some of the biggest companies in the world, which led to Bigtincan reporting annualised recurring revenue (ARR) of $48.4 million at the end of December. This was a 50% increase over the prior corresponding period.

Nitro Software Ltd (ASX: NTO)

Another small cap ASX share to look at is Nitro. It is a software company  aiming to drive digital transformation in organisations around the world. Nitro’s key solution is the eponymous Nitro Productivity Suite. This provides integrated PDF productivity and electronic signature tools to customers through a software-as-a-service and desktop-based software solution. Nitro counts a number of the largest companies in the world as customers. While its recurring revenues have been growing rapidly, it still has a huge market opportunity to grow into.

Whispir Ltd (ASX: WSP)

A final small cap share to watch is Whispir. It is a software-as-a-service communications workflow platform provider which has a total addressable market (TAM) of US4.7 billion in the just United States. Whispir provides an industry-leading software platform that allows governments and businesses to deliver actionable two-way interactions at scale using automated multi-channel communication workflows. Demand has been increasing strongly, leading to stellar recurring revenue growth in recent years. However, it is still only scratching at the surface of its TAM.

Where to invest $1,000 right now

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

See The 5 Stocks

*Returns as of February 15th 2021

More reading

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends BIGTINCAN FPO and Whispir Ltd. The Motley Fool Australia owns shares of AFTERPAY T FPO. The Motley Fool Australia has recommended BIGTINCAN FPO, Nitro Software Limited, and Whispir Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

The post 3 excellent small cap ASX shares to watch closely appeared first on The Motley Fool Australia.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!