Nine micro-cap companies and one small-cap firm have been the standout performers on the stock market year-to-date, having registered whopping gains between 200 to 1,200 percent since the start of the year.
In this article, we have listed the 10 names that so far were this year’s top gainers and explored the reasons behind their remarkable performances.
The list was based on the firms’ share price data from the companies’ closing prices on December 31—the last trading day of 2024—to February 14, 2025.
We classify micro-cap companies as those with a market capitalization below $300 million, and small-cap firms as those with a market capitalization below $1 billion.
The New York Stock Exchange building. Photo by Дмитрий Трепольский on Pexels
10. Lottery.com Inc. (NASDAQ:LTRY)
Lottery saw its share prices skyrocket by 230 percent since the start of the year, as investor sentiment was boosted by news of its aggressive international expansion and partnerships with other companies to boost growth.
LTRY, with a current market capitalization of $19.3 million, announced significant business developments this month, including the launch of its international lottery operations in Europe, Africa, and other emerging markets, as it targets to meet the growing customer demand in the said regions.
Further boosting its expansion plan was its recent acquisition of an advanced lottery management system and gaming platform, as it aims to support multiple gaming applications, including lottery and sweepstakes. The purchase was part of the company’s plans to launch and generate revenue from international operations by March 31, 2025.
Lastly, LTRY, through its key brand Sports.com, entered into a multi-year partnership agreement with Soccerex to make the former the title sponsor for six global events including Soccerex 2025 for MENA, Europe, and USA to be held in Cairo, Amsterdam, and Miami, respectively.
9. N2OFF Inc. (NASDAQ:NITO)
N2OFF, an energy and agritech company with a market cap of $9.6 million, grew its share prices by 236 percent year-to-date, finishing at 84 cents on Friday versus the 25-cent close last December 31, as investors cheered developments on its energy expansion program.
Last month alone, NITO entered into various partnership agreements with Solterra Renewable for the development of solar projects in Germany, Italy, and Albania.
Last week, the company announced it had signed a binding term sheet with Solterra Energy to collaborate exclusively on solar and battery storage projects in Albania for one year. Feasibility studies will be conducted, and if results turn favorable, Solterra will take charge of project development while NITO will oversee financing.
Apart from Albania, the two companies also teamed up for the construction of a 111-MWp solar facility in Melz, Germany, as well as two battery storage facilities in Sicily, Italy, with each capable of producing 98MWp/392MWh capacity. All projects represent NITO’s foray into the renewable energy sector.
