Back in 2012 there was a period of time when you could have picked up Altium Limited (ASX: ALU) shares for as little as 18.5 cents.
Considering the company had approximately 102.5 million shares outstanding at that point, this meant the printed circuit board design software company had a market capitalisation of just $19 million.
Fast forward to today and Altium's shares are changing hands at $9.92, giving the exciting tech company a market capitalisation of just under $1.3 billion.
Any investors that were lucky enough to snap up $10,000 worth of Altium shares at 18.5 cents would have seen the value of their holding grow to be worth a staggering $530,000 today.
I believe this example highlights the incredible opportunities available to investors in the small-cap space.
But while not all small-cap shares will be as successful as Altium, I am confident there are a number on the ASX currently that have the potential to follow in its footsteps.
Three small-cap shares which I think have enormous potential are listed below:
Big Un Ltd (ASX: BIG)
Demand for Big Un's subscription-based video technology products and services has been growing at an incredibly strong rate over the last 12 months. This led to a whopping 429% increase in full-year cash receipts in FY 2017. Pleasingly, FY 2018 has started almost as strongly with first-quarter cash receipts up 390% on the prior corresponding period. I expect its decision to expand its U.S. operations further will help accelerate its growth over the coming quarters.
Bubs Australia Ltd (ASX: BUB)
This infant formula and baby food company is certainly one to watch. Thanks to supply agreements with Brilite Nutritionals and NetEase Kaola.com, I believe Bubs has positioned itself perfectly to challenge a2 Milk Company Ltd (Australia) (ASX: A2M) in the lucrative China market. However, with so much future growth built into its share price, I would suggest investors wait for an opportunity to get in at a much lower price. In my opinion, 45 cents would be an ideal entry point.
GetSwift Ltd (ASX: GSW)
This delivery management software provider 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. And with Amazon likely to launch in Australia in the near future, I think GetSwift could benefit greatly as small businesses attempt to compete with the online retail behemoth.
