Carlos Gil, CIO of Microequities spoke to Alan Kohler on his radio program about his small-cap value fund and what they're investing in
![](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBYTg9IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--39e69bd3b68ed62cda736d78909192fa6b58850d/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJY0c1bkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--c306068f01ab83c3650795f1865f4e6da1f93433/LWM-icon-exclusive.png)
Livewire
Carlos Gil, CIO of Microequities spoke to Alan Kohler on his radio program about his small-cap value fund and what they're investing in. Gil says We own Prophecy (ASX: PRO), a software business in Adelaide that only does about $8m in revenue but has tremendous cash flow generation. It has a very unique product called the Snare. The Snare is a log-management software which we are very bullish on. It's essentially a black-box, which allows the IT network operator to diagnose any event. Whether it's a security breach or a software systems failure, the software can go back and make a prognosis on exactly what has occurred, helping to alleviate or fix the problem. It's a software that every large enterprise needs and it's a fast growing market. Microequities has made a 30% compounded return over the past four years with FUM doubling each year.
![Livewire Equities](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBYTg9IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--39e69bd3b68ed62cda736d78909192fa6b58850d/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJY0c1bkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--c306068f01ab83c3650795f1865f4e6da1f93433/LWM-icon-exclusive.png)
The Livewire Equities feed brings you a range of insights that relate to Australian equities
Expertise
No areas of expertise
![Livewire Equities](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBYTg9IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--39e69bd3b68ed62cda736d78909192fa6b58850d/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJY0c1bkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--c306068f01ab83c3650795f1865f4e6da1f93433/LWM-icon-exclusive.png)
The Livewire Equities feed brings you a range of insights that relate to Australian equities
Expertise
No areas of expertise