3 small cap ASX shares to watch

These small caps could be worth watching…

| More on:
a surprised investor reading about an asx share price in a newspaper

Image source: Getty Images

At the small end of the Australian share market, there are a number of companies with the potential to grow materially in the future.

Three that investors may want to get better acquainted with are listed below. Here’s what you need to know about them:

Alcidion Group Ltd (ASX: ALC)

The first small cap ASX share to watch is this growing informatics solutions company. It is the company behind healthcare software products Miya, Patientrack and Smartpage. Patientrack, for example, helps clinicians know a patient’s status in real-time. It uses predictive algorithms to support time-critical care, allowing doctors to intervene and prevent patient deterioration faster than ever before. Alcidion appears well-placed for growth in the future thanks to the shift to a paperless environment in the healthcare sector and a number of favourable industry tailwinds.

BlueBet Holdings Ltd (ASX: BBT)

Another small cap ASX share to watch is BlueBet. It is an online sports betting company that allows users to bet on all Australian and international racing and sports. BlueBet has been growing very strongly thanks to the increasing popularity of mobile sports betting. The good news is that management is confident that this trend can continue. It also believes it is well positioned to substantially grow its current ~1.2% share of the market in Australia. But it isn’t settling for that. The company is currently in the process of expanding into the massive US market.

Whispir Ltd (ASX: WSP)

A final small cap ASX share to watch is Whispir. It is a software-as-a-service company that provides a communications workflow platform automating interactions between organisations and people. The company notes that its offering enables organisations to improve their communications through automated workflows to ensure stakeholders receive accurate, timely, useful and actionable insights. Demand has been growing strongly, leading to stellar recurring revenue growth over the last 18 months.

Wondering where you should 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 over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

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

*Returns as of January 12th 2022

Motley Fool contributor 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 has recommended Alcidion Group Ltd and Whispir Ltd. The Motley Fool Australia has recommended Alcidion Group Ltd, BlueBet Holdings Ltd, and Whispir Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Small Cap Shares

A graphic image of three upward pointing arrows with smoke coming from their bottoms, indicating the arrows are taking off just like the Althea share price today
Small Cap Shares

3 ASX small cap shares landing on an expert’s buy list

Key points The ASX 200 has officially entered correction territory as the market dives further on Thursday Small-cap ASX shares …

Read more »

Graphic showing yellow arrow above vertical columns indicating a rising share price
Growth Shares

2 compelling ASX growth shares that are now great value: brokers

Key points The share prices of both Airtasker and Lovisa have fallen in recent weeks. Brokers think they look like …

Read more »

a woman looks through a magnifying glass that englarges her eye and holds her hand to her face with her mouth open as if looking at something of great interest or surprise.
Small Cap Shares

3 exciting small cap ASX shares to watch

Are you looking to add a small cap share or two to your portfolio in the near future? If you …

Read more »

growth charts with small cap written on a sticky note
Small Cap Shares

2 small cap ASX shares with a lot of potential: experts

Key points Small cap ASX shares can have plenty of growth potential City Chic is a globally-growing retailer of apparel …

Read more »

A young man working from home sits at his home office desk holding a cup of tea and looking out the window
Small Cap Shares

2 exciting small cap ASX shares named as buys

If you’re wanting to invest in the small side of the Australian share market, then the small caps listed below …

Read more »

a business person in a suit and tie directs a pointed finger upwards with a graphic of a rising bar graph and an arrow heading upwards in line with the person's finger.
Small Cap Shares

2 unloved ASX growth shares that have good potential: expert

The fund manager Naos Asset Management has revealed two unloved ASX growth shares in its portfolio that it believes have …

Read more »

A young female investor sits in her home office looking at her ipad and smiling as she sees the QBE share price rising
Small Cap Shares

2 growing small cap ASX shares to watch

Investing in the small side of the share market carries more risk than other areas. However, if your risk tolerance …

Read more »

a forefinger and thumb hold a small block with a yellow star on it which is being placed next to two of the same blocks so they form a line of three blocks.
Small Cap Shares

3 exciting small cap ASX shares to watch in 2022

At the small end of the Australian share market, there are a number of companies with the potential to grow …

Read more »