Looking for some small cap shares to add to your watchlist? Then have a look at the ones listed below.
Here’s why they could be worth getting better acquainted with:
Bigtincan Holdings Ltd (ASX: BTH)
The first small cap to watch is Bigtincan. It is a provider of enterprise mobility software that allows sales and service organisations to improve mobile worker productivity through smart devices. It has a number of blue chip clients such as Australia and New Zealand Banking Group (ASX: ANZ) and sports giant Nike.
ELMO Software Ltd (ASX: ELO)
ELMO is a cloud-based human resources and payroll software company. It provides a unified platform to streamline processes for employee administration, recruitment, on-boarding, learning, performance, remuneration, compliance training and payroll. ELMO has been a strong performer in recent years and looks well-placed in the future. This is due to acquisitions and favourable industry tailwinds.
Opthea Ltd (ASX: OPT)
Another small cap to look at is Opthea. It is a developer of novel biologic therapies for the treatment of eye diseases. The key product in its portfolio is the OPT-302 combination therapy. This therapy is targeting wet age-related macular degeneration and has previously achieved very promising study results. The current standard of care treatments for wet age-related macular degeneration has annual sales of over US$3.7 billion.
Serko Ltd (ASX: SKO)
Serko is an online travel booking and expense management provider. It could be a small cap share to watch due to the quality of its products and their significant market opportunities. Another positive is that it recently signed a deal with travel booking giant Booking.com. This has the potential to be a game-changer over the coming years.