ASX small cap companies to buy in November

Small-cap companies often fly under the radar but these emerging names are delivering steady growth and have the potential to evolve into some of the market’s most compelling success stories.

ASX small cap companies

Clover Corporation Limited (ASX: CLV) 

Veris Limited (ASX: VRS) 

Qoria Limited (ASX: QOR) 

Atturra Limited (ASX: ATA) 

Clover Corporation Limited (ASX: CLV) 

in FY25 had a phenomenal year with record sales of about $86 million which is 38% higher than last year and EBITDA jumped 214% to $12.1 million. 
The company got a big boost from the rising global demand for its omega-3 oils that are used in baby milk formulas, health foods and nutrition products along with Its expansion in Europe and Asia helped in adding new customers.

The partnership with Melody Dairies in New Zealand also helped increase powder output and make things more efficient. 
The balance sheet looks healthy with about $8.7 million cash as the company expects FY26 to stay steady as more global deals and product trials move ahead.

Veris Limited (ASX: VRS) 

has shown good performance in FY25 as one of the top digital and spatial data advisory firms in Australia. 
Its revenue went up to $97.2 million from $92.6 million in FY24 and the gross profit margin improved to 36.5% mainly because the company focused more on high-value digital consulting and advisory work.

Profit before tax stood at $2.0 million compared to a loss of $4.4 million in the previous year. 
The buyout of Spatial Vision during FY25 added more strength in government and infrastructure projects and also improved their skills in GIS and climate consulting. 
The balance sheet also got stronger, with cash rising to $16.6 million and an order book above $65 million, supported by projects like the Suburban Rail Loop in Victoria. 

Qoria Limited (ASX: QOR) 

is becoming a big name in online safety and education technology as the demand for tools that help with child protection, digital wellbeing and cybersecurity keeps rising among schools and families. 
In FY25, the company made around $117.3 million in revenue, up 18% from last year with good growth seen across all regions specially in the U.S. and Europe. 

Its presence is now spread over 32,000+ schools where it protects around 27 million kids and 8 million parents through its range of digital safety products. 
The company also made smart acquisitions like Octopus BI which helped it enter the K–12 data analytics market.
Qoria aims for 20% revenue growth and a 20% EBITDA margin in FY26 as it keeps focusing on AI integration, global expansion and building leadership in the digital safety space for the next generation.

Atturra Limited (ASX: ATA) 

had another tremendous year in FY25 as revenue jumped 24% year on year to $300.6 million and underlying EBITDA also went up 24% to $31.5 million. 
Around 78% of its income comes from recurring managed services, cloud deals and long-term clients which gives stability. 

The cloud business alone made more than $30.8 million in revenue and runs on better margins as demand keeps rising for AI based and sovereign cloud systems in Australia and New Zealand. 
Balance sheet got stronger too with cash rising 51% to $91.6 million and for FY26 it aims revenue above $384 million and EBITDA over $40 million backed by new IP work, strategic tie ups and expansion in AI, defence and cloud infrastructure.

(Source: Company Announcements)