The company is competing in a space that’s dominated by those two giants. Well, if much of what Nitro does sounds like Adobe (NASDAQ: ADBE) or DocuSign (NASDAQ: DOCU), then you aren’t off base at all. Interestingly, the company counts 68% of Fortune 500 among its customers. The business has 2.8 million licensed users and over 13,000 business customers (i.e., those with 10 or more licenses) in 155 countries. The company is headquartered in San Francisco. Nitro Analytics, which is a platform for measuring and tracking document usage.Nitro Sign, which is basically an e-signature platform.Nitro PDF Pro, a software for creating, editing, and collaborating on PDF documents.Nitro is a document productivity software company. With that preamble out of the way, let me tell you about one exciting business called Nitro Software (ASX: NTO). After all, every now and then, Aussie entrepreneurs throw out a big one, like Afterpay (ASX: APT) and Atlassian (NYSE: TEAM). But I follow the tech scene closely on the ASX. I have a tiny allocation to ASX-listed stocks, roughly 1.5% of my investments, more or less inline with the ASX’s size relative to global equity market’s size. The ASX is mainly known for banking and mining stocks, but it also hosts some promising micro-cap (by US standards) companies. Some of you also know that I spent several years turning over rocks in the Australian Securities Exchange (ASX). As many of you know, I live in Sydney, Australia.
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