3 small-cap shares on my shopping list

The S&P/ASX SMALL ORDINARIES (Index:^AXSO) (ASX:XSO) may be on fire this year, but I don't believe it is too late to consider investments in these small-cap shares…

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Thanks partly to a recent rally, the S&P/ASX SMALL ORDINARIES (Index: ^AXSO) (ASX: XSO) has managed to put on a gain of almost 9% so far this year.

Despite this, I still believe there are plenty of opportunities in the small-cap space for investors to seize on today.

Here are three worth considering:

Family Zone Cyber Safety Ltd (ASX: FZO)

I've been very impressed at the progress this cyber safety products and services provider has made this year. In recent months Family Zone has signed agreements with major Asian telco companies Telkomsel and Maxis Communications. These deals will give the company access to almost 180 million mobile subscribers to offer its innovative ​cyber ​safety tools to.

National Veterinary Care Ltd (ASX: NVL)

In FY 2017 this fast-growing veterinary company reported an impressive 51% increase in revenue to $66.9 million. While some of this growth came from the successful acquisition and integration of 14 veterinary businesses, the company delivered solid organic growth as well. Thanks to its expanding footprint, its focus on growth through acquisition, and high levels of pet ownership in Australia and New Zealand, I believe National Veterinary Care can continue growing at an above-average rate for the foreseeable future.

Zenitas Healthcare Ltd (ASX: ZNT)

This home care and health services company was also a strong performer in FY 2017. It delivered a 27% increase in underlying earnings before interest, tax, depreciation, and amortisation to $7 million. This was 6.6% higher than its prospectus forecast. While management has provided FY 2018 organic growth guidance of between 7.5% and 10%, recent earnings accretive acquisitions are likely to lead to much stronger overall growth.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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