Luxembourg Software ROE over 20

OppFi

Market Cap: US$775.5m

A tech-enabled digital finance platform, provides financial products and services for banks in the United States.

Cantaloupe

Market Cap: US$740.9m

A digital payments and software services company, provides technology solutions for the self-service commerce market.

QDM International

Market Cap: US$720.6m

Operates as an insurance brokerage company primarily in Hong Kong.

Heritage Insurance Holdings

Market Cap: US$719.7m

Through its subsidiaries, provides personal and commercial residential insurance products.

Hippo Holdings

Market Cap: US$717.5m

Provides property and casualty insurance products to individuals and business customers primarily in the United States.

Strawberry Fields REIT

Market Cap: US$705.0m

A self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties.

Carriage Services

Market Cap: US$697.8m

Provides funeral and cemetery services, and merchandise in the United States.

Build-A-Bear Workshop

Market Cap: US$672.4m

Operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally.

Daily Journal

Market Cap: US$672.3m

Daily Journal Corporation publishes newspapers and websites covering in California, Arizona, Utah, and Australia.

QuinStreet

Market Cap: US$649.2m

An online performance marketing company, provides customer acquisition services for its clients in the United States and internationally.

PagerDuty

Market Cap: US$636.0m

Engages in the operation of a digital operations management platform in the United States and internationally.

Anterix

Market Cap: US$615.9m

Focuses on the commercialization of spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks and solutions.

Dingdong (Cayman)

Market Cap: US$606.5m

Operates an e-commerce company in China.

B Communications

Market Cap: US$598.8m

Through its subsidiaries, provides a range of telecommunications services for business and domestic customers in Israel.

Thomasville Bancshares

Market Cap: US$597.6m

Operates as the bank holding company for Thomasville National Bank that provides a range of banking services to individual and corporate customers primarily in Thomas and Glynn counties, Georgia, Leon County, Florida, and the surrounding counties.

Natural Grocers by Vitamin Cottage

Market Cap: US$578.8m

Natural Grocers by Vitamin Cottage, Inc., together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States.

CorMedix

Market Cap: US$568.1m

A biopharmaceutical company, focuses on developing and commercializing therapeutic products for life-threatening diseases and conditions in the United States.

Ibotta

Market Cap: US$555.3m

A technology company, provides digital promotion services to clients in the United States.

GAMCO Investors

Market Cap: US$550.8m

A publicly owned holding investment manager.

Caledonia Mining

Market Cap: US$542.9m

Primarily operates a gold mine in Jersey.

American Coastal Insurance

Market Cap: US$536.9m

Through its subsidiaries, primarily engages in the commercial and personal property and casualty insurance business in the United States.

Horizon Kinetics Holding

Market Cap: US$521.8m

An employee owned investment manager.

Flotek Industries

Market Cap: US$520.1m

Operates as a technology-driven green chemistry and data company that serves customers across industrial and commercial markets in the United States, the United Arab Emirates, and internationally.

EverQuote

Market Cap: US$517.4m

Operates an online marketplace for insurance shopping in the United States.

Kforce

Market Cap: US$492.5m

Provides professional staffing services and solutions in the United States.

Sohu.com

Market Cap: US$488.3m

Operates as an online media platform and gaming company that provides online products and services on PCs and mobile devices in China.

Zevra Therapeutics

Market Cap: US$487.0m

A commercial-stage company, focuses on addressing unmet needs for the treatment of rare diseases in the United States.

SIGA Technologies

Market Cap: US$485.5m

A commercial-stage pharmaceutical company, focuses on the health security market in the United States.

International Money Express

Market Cap: US$460.9m

Operates as an omnichannel money remittance services company in the United States, Latin America, Mexico, Central and South America, the Caribbean, Africa, and Asia.

Frequency Electronics

Market Cap: US$455.8m

Engages in the design, development, manufacture, marketing, and sale of precision time and frequency control products and components for microwave integrated circuit applications.

EACO

Market Cap: US$447.2m

Through its subsidiary, Bisco Industries, Inc., distributes and sells electronic components and fasteners in the United States, Asia, Canada, and internationally.

OneSpan

Market Cap: US$425.5m

Provides digital solutions for security, authentication, identity, electronic signature, and digital workflow products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions.

Niagen Bioscience

Market Cap: US$421.3m

Operates as a bioscience company engages in developing healthy aging products.

Diamond Hill Investment Group

Market Cap: US$415.1m

Through its subsidiary, Diamond Hill Capital Management, Inc., provides investment advisory and fund administration services in the United States.

Euroseas

Market Cap: US$413.0m

Provides ocean-going transportation services worldwide.

IBEX

Market Cap: US$399.8m

Provides end-to-end technology-enabled customer lifecycle experience solutions in the United States and internationally.