ASX small cap stocks in momentum

Australia’s small-cap sector is buzzing with momentum as emerging names like Alfabs Australia, Veris, GreenX Metals and Qoria are showing growth, rising profits and bold expansion moves.

ASX small cap stocks

Alfabs Australia Limited (ASX: AAL) 

GreenX Metals Limited (ASX: GRX) 

Veris Limited (ASX: VRS) 

Qoria Limited (ASX: QOR) 

Alfabs Australia Limited (ASX: AAL) 

Alfabs Australia Limited had a really good year in FY25 because of new contracts, better operations and expansion plans.
Total revenue touched $95.5 million helped by new work on Sydney Harbour Bridge Cycleway, Western Sydney Airport and Malabar coal mine. The company made an EBITDA of around $27.6 million which is up 39% from last year and net profit after tax came at $12.2 million which is a big 76% jump from FY24.

The company announced a fully franked dividend of 3.2 cents per share showing that the management is confident about steady profits ahead. 
On the growth side Alfabs is adding more to its mining hire fleet and engineering setup with about $31 million in spending planned for FY26.

Veris Limited (ASX: VRS) 

Veris Limited made a comeback in FY25 as the company recorded revenue of around $97.2 million which is higher than $92.6 million in FY24 and posted a profit before tax of $2 million compared to a loss of $4.4 million last year. 

Gross margin also improved to 36.5% from 32.6% showing a shift towards more valuable digital and advisory services which now makes up about 25% of total sales.
Veris announced a fully franked dividend of 0.2 cents per share backed by a solid cash balance of $16.6 million and an order book worth $65 million. 

With its Q1 FY26 update showing project pipeline crossing $190 million, Veris is shaping up as a strong and tech driven professional service company.

GreenX Metals Limited (ASX: GRX) 

GreenX Metals Limited had a huge year with fast moving exploration work and a big legal win.
The company secured £252 million under the Australia–Poland Bilateral Investment Treaty and another £183 million under the Energy Charter Treaty after the tribunal ruled in its favour over the cancelled mining licences in Poland. 

GreenX pushed ahead with the Tannenberg Copper Project in Germany after being picked for BHP’s Xplor program that gave US$500,000 in non-dilutive funding. 
With $6.8 million cash on hand, very low debt and strong investor backing, GreenX looks ready to move from just exploration towards becoming a key copper developer in Europe.

Qoria Limited (ASX: QOR) 

Qoria Limited had another record quarter in Q1 FY26 showing strong growth and more users worldwide.
The company’s annual recurring revenue reached around $149 million, up 25% from last year. Cash receipts came in at $46.3 million, which is 23% higher and free cash flow was $11.7 million, showing a big jump of 48% year-on-year. Its main platform Qustodio kept growing fast with 33% annualised ARR growth. 

Qoria now operated in 100 countries and over 32,000 schools. The company also raised its FY26 outlook with expected revenue of about $145 million, ARR growth of 20% and an EBITDA margin near 20%.

With $24 million cash in hand, net debt of $29 million and more school contracts coming in, Qoria looks set to keep growing fast in FY26 as well.

(Source: Company Announcements)