TOP IDEAS: Noble Iron Inc.’s (TSXV: NIR) recent divesture of its SaaS business may yield up to a 400% gain for investors since becoming a Top Idea for Investorfile. Total cash distributions to shareholders could range from C$1.10 to C$1.24 per share.

TOP IDEAS: Recurring revenues are building as big banks and big companies subscribe to Boardwalktech Software’s (TSXV: BWLK) Digital Ledger technology for mission-critical applications.

Despite the market demise for small cap stocks to date this year, there are still some share price gainers among Investorfile's Top Ideas over the last six months.

TOP IDEAS: Based on the fundamentals and operations, Sangoma Technologies’ (TSX: STC, NASDAQ: SANG) shares are very attractively priced today before it is valued as a billion dollar Communications-SaaS/MSP company.

TOP IDEAS: A supplier to the oil industry, Titan Logix’s (TSXV: TLA) markets are in growth mode again and investors today can buy this business for free.

TOP IDEAS: The reputation of the Board of Directors for Redline Communications Group (TSX: RDL) is in question by not living up to its duty for all shareholders.

The uptake in demand for EcoSynthetix’s (TSX: ECO) renewable bio-based products is showing up in its financial results and outlook.

TOP IDEAS - NEW: As a global leader in private wireless networks solution for the energy sector and industrial applications, Redline Communications Group Inc. (TSX: RDL) is entering 2022 on a high in sales backlog and gross margins, which both help to improve its profitability outlook. The stock becomes one of Investorfile’s Top Ideas.

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.