As well as being home to a wide range of high quality blue chip shares, I believe the Australian share market hosts a good number of small-cap shares with explosive growth potential.
Three which I think are worth a closer look at are listed below:
Family Zone Cyber Safety Ltd (ASX: FZO)
This cyber safety products and services provider has been making waves this year. As well as breaking into the U.S. education sector in FY 2017, Family Zone has announced a significant agreement with Indonesian telco company Telkomsel following a successful trial. This gives the company access to upwards of 165 million mobile phone subscribers to offer its products and services to.
GetSwift Ltd (ASX: GSW)
This delivery management software provider's shares may have gone gangbusters this year, but I still believe there is significant upside ahead for them over the next few years. GetSwift aims to streamline a company's logistics through its innovative logistics platform by optimising delivery routes, automating the dispatch process, and providing real-time tracking alerts. Deliveries have been growing at an explosive pace and look set to accelerate further as more and more businesses sign up for its service. One notable new agreement is with US-giant NA Williams. This deal has the potential to generate sales in excess of $138 million per year once fully captured.
Zenitas Healthcare Ltd (ASX: ZNT)
Thanks to the National Healthcare Reform and its push to move the burden of healthcare services from hospitals to primary care, I believe Zenitas is in a strong position to profit over the next decade. The home care and health services company currently has 54 locations throughout Australia, but to due to the highly fragmented nature of the industry, I suspect that the company will grow its footprint significantly through acquisitions.
