The average of high-point returns for Investorfile’s Small Cap Value Top Ideas increases to 430%.

Investorfile’s perennial annual Top Pick Sangoma Technologies (TSX: STC, NASDAQ: SANG) is joined by EcoSynthetix (TSX: ECO) as small cap stocks with big upside potential in the year to come.

TOP IDEAS: AirIQ Inc.’s (TSXV: IQ) growing recurring revenue streams and cash generation put the Company in a stronger position to acquire or be acquired.

Up 96% in value, receiving stock in Lantronix is proving to be a big bonus for former shareholders of Intrinsyc Technologies.

Many growth investors lack the conviction needed to hold on for the big gain.

TOP IDEAS: With recurring revenues rising and the uptake of its digital car retailing solutions, Quorum Information Technologies (TSXV: QIS) is still an under-the-radar stock with 75% upside potential into 2022.

TOP IDEAS: The epic growth in revenues and profits at Caldwell Partners International (TSX: CWL) has the stock up over 100% in value and the share price can still support another 100% of upside.

The average high-point return among 23 small cap value Top Ideas hits 425%.

TOP IDEAS: Noble Iron Inc.’s (TSXV: NIR) Software-as-a-Service (SaaS) business for the equipment rental industry has a growing recurring revenue base and profit visibility.

Shares are up 185% in value and EcoSynthetix (TSX: ECO) may still be the most undiscovered green stock in North America.