Whilst blue-chip shares like Woolworths Limited (ASX: WOW) and Wesfarmers Ltd (ASX: WES) are staples in the portfolios of many Australian investors, I believe competitive pressures will restrict them both to mediocre earnings growth over the next few years.
So in order to give your portfolio a little lift I would suggest you consider one of these small-cap shares which I believe could be destined for big things.
GetSwift Ltd (ASX: GSW)
This fledgling 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. Impressively, even without a dedicated salesforce GetSwift has been growing strongly and has clients in over 59 countries. The company recently announced a deal with Commonwealth Bank of Australia (ASX: CBA) which will turn every Albert point of sale vendor into a delivery-ready store. Management has estimated the deal to result in an additional 257.4 million deliveries through its platform over the next five years.
National Veterinary Care Ltd (ASX: NVL)
A recent study has revealed that pet ownership in Australia has grown to a massive 62% of Australian households. This high level of pet ownership is great news for National Veterinary Care and its 54 veterinary services businesses in my opinion. Especially as on average 79% of dogs and 65% of cats go to the vet at least once a year according to management. I believe this will result in strong demand for its services, allowing the company to grow its earnings at an above-average rate. Furthermore, as the veterinary market is highly fragmented, I think the company has the opportunity to follow in the footsteps of Greencross Limited (ASX: GXL) and grow significantly through acquisitions.
