Bermudian Consumer Services ROE over 20

CEA Industries

Market Cap: US$120.9m

Operates as the digital asset treasury company in the United States and Canada.

Vaxart

Market Cap: US$120.6m

A clinical-stage biotechnology company, discovers and develops oral recombinant protein vaccines based on its vector-adjuvant-antigen standardized technology proprietary oral vaccine platform.

One and one Green Technologies

Market Cap: US$109.3m

A waste materials and scrap metal recycling company, engages in the recycling, production, and trading of recycled scrap metals in the Philippines.

Solera National Bancorp

Market Cap: US$86.0m

Operates as the bank holding company for Solera National Bank, which provides commercial and consumer banking services in the United States.

Calisa Acquisition

Market Cap: US$85.9m

Does not have significant operations.

NameSilo Technologies

Market Cap: US$85.6m

Through its subsidiaries, provides domain name registration services in the United States, East and South Asia, South East Asia, Australasia, and internationally.

PAPA Medical

Market Cap: US$85.0m

Papa Medical Inc. provides cannabis dosing solutions in the United States.

Spero Therapeutics

Market Cap: US$83.4m

A clinical-stage biopharmaceutical company, focuses on identifying and developing novel treatments for multi-drug resistant (MDR) bacterial infections and rare diseases in the United States.

Xtra-Gold Resources

Market Cap: US$79.2m

Operates as a gold exploration company in Ghana.

Cohen

Market Cap: US$79.0m

A publicly owned investment manager.

Range Impact

Market Cap: US$78.2m

Develops and operates solutions focused on acquiring, reclaiming, and repurposing mine sites and undervalued land in economically disadvantaged communities, primarily throughout Appalachia.

Golden Growers Cooperative

Market Cap: US$77.5m

Operates as an agricultural cooperative association primarily in Minnesota, North Dakota, and South Dakota.

Westell Technologies

Market Cap: US$76.7m

Through its subsidiary, designs, manufactures, and distributes telecommunications solutions to telephone companies in the United States.

Wintergreen Acquisition

Market Cap: US$76.4m

Does not have significant operations.

Kestrel Group

Market Cap: US$74.9m

Engages in the reinsurance business.

QDM International

Market Cap: US$73.2m

Operates as an insurance brokerage company primarily in Hong Kong.

Research Solutions

Market Cap: US$71.3m

Through its subsidiaries, provides research cloud-based software-as-a-service software platform and related services to corporate, academic, government and individual researchers in the United States, Europe, and internationally.

Highwater Ethanol

Market Cap: US$69.1m

Produces and sells fuel ethanol and co-products of the fuel ethanol production process through third-party professional marketers in the continental United States.

Hour Loop

Market Cap: US$66.9m

An online retailer, engages in e-commerce retailing business in the United States.

Leifras

Market Cap: US$53.6m

Operates as a sports and social business company in Japan.

Acorn Energy

Market Cap: US$50.3m

Through its subsidiary, develops and markets wireless remote monitoring and control systems in the United States and internationally.

Sunlands Technology Group

Market Cap: US$47.4m

Provides adult online education services and adult personal interest learning courses through online and mobile platforms in the People’s Republic of China.

Argo Blockchain

Market Cap: US$41.9m

Engages in bitcoin and other crypto assets buisiness.

United-Guardian

Market Cap: US$35.4m

Develops, manufactures, sells, and markets specialty cosmetic ingredients, pharmaceutical products, medical lubricants, and sexual wellness ingredients in the United States and internationally.

Token Cat

Market Cap: US$33.7m

Through its subsidiaries, operates as an omni-channel automotive marketplace in the People’s Republic of China.

FiEE

Market Cap: US$31.1m

Operates as a digital content management solution provider.

AMEN Properties

Market Cap: US$31.0m

Owns oil and gas royalty and working interests in various oil and gas properties in the United States.

A SPAC III Acquisition

Market Cap: US$25.2m

Does not have significant operations.

Euroholdings

Market Cap: US$23.3m

Provides seaborne transportation services.

Medalist Diversified

Market Cap: US$23.2m

A publicly traded real estate company.

Bimini Capital Management

Market Cap: US$21.8m

Through its subsidiaries, operates as a specialty finance company in the United States.

VitaNova Life Sciences

Market Cap: US$19.8m

Provides business consulting services in the United States, Hong Kong, China, and internationally.

Lead Real Estate

Market Cap: US$19.6m

Develops and sells luxury residential properties in Japan.

Ten-League International Holdings

Market Cap: US$16.8m

Through its subsidiaries, engages in the sale of heavy equipment and parts in Singapore and internationally.

FDCTech

Market Cap: US$16.3m

Operates as a technology provider and software developer for digital assets.

Digital Currency X Technology

Market Cap: US$15.8m

Engages in digital asset management services in China and internationally.