Dutch Media ROE over 20

Calisa Acquisition

Market Cap: US$85.7m

Does not have significant operations.

Solera National Bancorp

Market Cap: US$85.2m

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

PAPA Medical

Market Cap: US$85.0m

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

NameSilo Technologies

Market Cap: US$84.7m

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

Cohen

Market Cap: US$83.7m

A publicly owned investment manager.

Golden Growers Cooperative

Market Cap: US$77.5m

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

Xtra-Gold Resources

Market Cap: US$76.7m

Operates as a gold exploration company in Ghana.

Wintergreen Acquisition

Market Cap: US$76.5m

Does not have significant operations.

Research Solutions

Market Cap: US$72.1m

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.

Westell Technologies

Market Cap: US$72.0m

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

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.

Spero Therapeutics

Market Cap: US$68.9m

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.

Kestrel Group

Market Cap: US$66.1m

Engages in the reinsurance business.

Hour Loop

Market Cap: US$63.3m

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

Home Loan Financial

Market Cap: US$62.7m

A unitary thrift holding company, provides various banking products and services in the United States.

Leifras

Market Cap: US$57.8m

Operates as a sports and social business company in Japan.

Sunlands Technology Group

Market Cap: US$47.1m

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

Acorn Energy

Market Cap: US$47.0m

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

Token Cat

Market Cap: US$46.2m

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

FST

Market Cap: US$39.8m

Develops, produces, and sells golf shafts and other sports equipment under the KBS brand in Taiwan and internationally.

Argo Blockchain

Market Cap: US$37.7m

Engages in bitcoin and other crypto assets buisiness.

United-Guardian

Market Cap: US$32.8m

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

AMEN Properties

Market Cap: US$30.6m

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

FiEE

Market Cap: US$27.3m

Operates as a digital content management solution provider.

A SPAC III Acquisition

Market Cap: US$25.3m

Does not have significant operations.

Bimini Capital Management

Market Cap: US$25.1m

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

Medalist Diversified

Market Cap: US$23.4m

A publicly traded real estate company.

Euroholdings

Market Cap: US$22.3m

Provides seaborne transportation services.

Digital Currency X Technology

Market Cap: US$21.4m

Engages in digital asset management services in China and internationally.

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$17.6m

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.

Innovative Food Holdings

Market Cap: US$14.7m

Distributes specialty food and food related products to restaurants, hotels, country clubs, national chain accounts, casinos, hospitals, and catering houses in the United States.

Noble Roman's

Market Cap: US$14.3m

Sells and services franchises in the United States.

Swvl Holdings

Market Cap: US$13.8m

A technology-driven disruptive mobility company, provides mass transit solutions in Egypt, the Kingdom of Saudi Arabia, the United Arab Emirates, the United Kingdom, and Kuwait.

Baker Global Asset Management

Market Cap: US$13.7m

Provides asset management and advisory services in the United States.