ASX Small-Cap Stocks to Watch

Investors are likely to keep an eye on the following small-cap stocks listed on the Australian Securities Exchange.

Swift Networks Group (ASX:SW1)

Swift posted AU$2 million cash balance as of Dec. 31, 2024, with AU$4.7 million of customer receipts during the period, leading to operational cash flows after interest of AU$300,000.

London City Equities (ASX:LCE)

London City Equities anticipates $2 million of net gain for the six months ending Dec. 31, 2024, compared with the prior-year period's $733,000.

Imperial Pacific (ASX:IPC)

Imperial Pacific expects $652,000 of net gain for the six months ending Dec. 31, 2024, compared with the prior-year period's $757,000.

Reedy Lagoon (ASX:RLC)

Reedy Lagoon received gold assay results from soil sampling conducted in December 2024 at its Burracoppin project in Western Australia, indicating elevated gold assays from surface soil samples along the western margin of a target structure.

Zelira Therapeutics (ASX:ZLD)

Zelira Therapeutics received the fourth tranche of $681,000 of the $3.3 million funding for the Food and Drug Administration clinical trials for its HOPE 1 product. The funding is managed through a special-purpose vehicle.