4 small-cap shares with significant potential

Tech share Altium Limited (ASX:ALU) wasn't always a billion dollar company. Could one of these small-cap shares follow in its footsteps?

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I think that one of the most exciting and rewarding parts about investing in small-cap shares is the prospect of snapping up a large-cap share of the future.

An example of this is Altium Limited (ASX: ALU). The fast-growing software-as-a-service company wasn't always a billion-dollar company.

In fact, in 2011 the company had a market capitalisation of just $9 million. A far cry from its $1.1 billion valuation today.

While very few small-cap shares will go on to become as successful as Altium, four which I think could have the potential to grow significantly from here are listed below. Here's why I like them:

ChimpChange Ltd (ASX: CCA)

This US-based digital banking company has ambitions to disrupt the American banking system with its mobile platform. Targeting millennials and the underbanked, ChimpChange has been growing its user numbers at a very impressive rate over the last 12 months.

Freelancer Ltd (ASX: FLN)

Based on its number of users and projects, Freelancer is the operator of the world's largest freelancing and crowdsourcing marketplace. At the last count it had over 24 million employers and freelancers using its platform and taking advantage of the growing popularity of the gig economy.

GetSwift Ltd (ASX: GSW)

This delivery management software provider aims to streamline a company's logistics through its innovative platform. Its software optimises delivery routes, automates the dispatch process, and provides real-time tracking alerts. Even without a salesforce GetSwift has been growing strongly and has clients in over 59 countries and 475 cities.

National Veterinary Care Ltd (ASX: NVL)

According to a recent presentation, management estimates that on average 79% of dogs and 65% of cats go to the vet at least once a year. With Australian pet ownership rising to a massive 62% of households, I believe this bodes well for the company and its ever-expanding network of veterinary services businesses.

Motley Fool contributor James Mickleboro owns shares of ChimpChange Ltd and GetSwift Ltd. The Motley Fool Australia owns shares of Altium. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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