Global Software Potentially Undervalued Small Caps

Prologue

Market Cap: €27.3m

A technology company, engages in the provision of software publishing and IT services for large and medium-sized businesses in France, Spain, the United States, and Latin America.

Zoomd Technologies

Market Cap: CA$52.4m

Operates as a marketing technology user-acquisition and engagement platform worldwide.

Nexgram Holdings Berhad

Market Cap: RM 39.1m

An investment holding company, provides information technology services in Malaysia.

Theta Edge Berhad

Market Cap: RM 60.8m

An investment holding company, engages in the provision of information technology and telecommunication engineering services in Malaysia.

IGLOO

Market Cap: ₩50.0b

Provides security management solutions and services in Korea.

Ricksoft

Market Cap: JP¥3.2b

Engages in the provision of IT services in Japan.

ForsideLtd

Market Cap: JP¥3.4b

An investment holding company, engages in prize, content, event, master rights, AI-related, and logistics-related businesses in Japan.

RNIT Al Solutions

Market Cap: ₹1.1b

A tech company, focuses on providing enterprise-level solutions in India and internationally.

GaiaxLtd

Market Cap: JP¥2.3b

Operates as a startup studio working on social media and sharing economy businesses in Japan.

WITZ

Market Cap: JP¥4.5b

Engages in the provision of control software engineering services in Japan.

Systango Technologies

Market Cap: ₹3.2b

Provides software solutions in India, the United Kingdom, and the United States.

Tera Technology

Market Cap: JP¥3.6b

Operates as an information technology consulting company that offers information system construction, operation, and maintenance services in Japan.

Finsoft Financial Investment Holdings

Market Cap: HK$22.7m

An investment holding company, develops, provides, and sells financial trading software solutions in Hong Kong.

Provision InformationLtd

Market Cap: NT$1.7b

Provides payment solutions, financial application, security solutions, and outsourcing services in Taiwan.

Pureprofile

Market Cap: AU$34.9m

A data and insights organization, engages in the provision of online research solutions for agencies, marketers, researchers, brands and businesses in Australasia, Europe, and the United States.

Keyware Solutions

Market Cap: JP¥8.7b

Develops and sells information systems for the support of social infrastructure in Japan.

Cgs Holdings

Market Cap: JP¥3.2b

Develops, distributes, and supports CAD/CAM, production management, and prototyping solutions in Japan and internationally.

Symmetry Group

Market Cap: PK₨3.3b

Provides digital strategy, consulting, transformation, digital commerce, data science, mobility, retail/research and interactive marketing, and assistance services in Pakistan.

System Integrator

Market Cap: JP¥5.0b

Plans, develops, and sells packaging software and cloud services in Japan.

nTels

Market Cap: ₩29.3b

Engages in the developing and supplying operation support systems for wired and wireless communication service providers.

jig.jp

Market Cap: JP¥7.5b

Engages in the planning, development, and provision of mobile software in Japan.

SOLXYZ

Market Cap: JP¥9.2b

Provides system integration, system consulting, and outsourcing services in Japan.

ATLED

Market Cap: JP¥10.5b

Engages in the development and sale of software solutions in Japan.

White Pearl Technology Group

Market Cap: SEK 394.2m

Engages in selling various technology solutions and products in Sweden, Africa, the Middle East, Asia, and Latin America.

Bittnet Systems

Market Cap: RON 60.8m

Provides IT training and integration solutions in Romania.

Reti

Market Cap: €18.8m

Engages in the provision of system integration services in Italy.

LiveWorld

Market Cap: US$5.3m

A digital agency and software company, provides social media and technology solutions for pharmaceuticals, healthcare, and financial-travel service industries.

Chi-technologyLtd

Market Cap: JP¥810.6m

Engages in the application development support business in Japan.

GaeaSoft

Market Cap: ₩96.9b

Operates as an IT service and digital marketing company in South Korea.

JCurve Solutions

Market Cap: AU$10.6m

Provides enterprise resource planning (ERP) and telecommunications expense management solutions in Australia, New Zealand, Singapore, Thailand, and the Philippines.

Kaizen Platform

Market Cap: JP¥2.1b

Provides user experience (UX) solutions to improve conversion rates (CVR) for client websites.

Daiwa Computer

Market Cap: JP¥4.4b

Engages in the software development and service integration businesses in Japan.

Kinatico

Market Cap: AU$64.8m

Provides screening, verification, and SaaS-based workforce management and compliance technology systems in Australia and New Zealand.

DASAN DMC

Market Cap: ₩34.0b

Develops software that provides automotive software products for the connected car and support of autonomous driving.

Willowglen MSC Berhad

Market Cap: RM 143.0m

Engages in the research, development, and supply of computer-based control systems in Malaysia, Singapore, and internationally.

S&J

Market Cap: JP¥6.3b

Provides various information processing and information related services.