As well as being home to popular blue chip shares such as Wesfarmers Ltd (ASX: WES) and Telstra Corporation Ltd (ASX: TLS), I believe the Australian share market is home to some incredibly exciting small-cap shares with sizeable global opportunities.
Three which I think are well worth keeping a close eye on in FY 2018 are listed below. Here's why I like them:
Big Un Ltd (ASX: BIG)
This video technology company caught my eye earlier this year after reporting incredibly strong demand for its subscription-based video technology products and services. This demand ultimately led to a massive 429% increase in full-year cash receipts in FY 2017. Impressively, thanks partly to its international expansion, the first-quarter of FY 2018 has started even stronger. A trading update this morning revealed that cash receipts came in 488% higher at $15 million. Previous first-quarter guidance had been for cash receipts of at least $14 million.
Family Zone Cyber Safety Ltd (ASX: FZO)
This cyber safety products and services provider has signed a number of agreements with international telcos this year that have significant promise. Last week Family Zone followed up its recent agreement with Indonesian telco company Telkomsel, which gives it access to upwards of 165 million mobile phone subscribers, with a deal with Malaysian telco giant Maxis Communications. The deal will see Family Zone provide embedded on-device and in-network technologies to make its innovative cyber safety ecosystem available to Maxis' 12 million subscribers.
LiveHire Ltd (ASX: LVH)
This fast-growing talent technology company provides a popular software platform which creates a pool of pre-qualified job candidates that companies can access when they need to recruit. Amongst its growing number of users you'll find blue-chips such as Wesfarmers and Bupa. And it's not hard to see why it is attracting attention from companies like this. The platform makes the recruitment process far more efficient, which saves companies both time and money.
