Small-cap

Nayax builds payment and management tools for vending and other self-service machines. Growth has remained strong, cash flow has turned positive, and profitability is improving, making its expanding installed base and recurring revenue model worth a closer look.

CEVA develops chip IP for wireless connectivity, embedded AI, and smart sensing. Its asset-light model and high gross margins offer long-term appeal, while recovery in revenue and exposure to edge devices make its progress worth a closer look.

EverCommerce provides software, payments, and marketing tools to service businesses in vertical markets. The notable shift is improving profitability and cash generation, which makes its transition into a more focused and disciplined software operator worth a closer look.