Mobile Global Esports (MGAM) has had the highest return since January 1, 2025 by a micro-cap US stock, returning 2,020%.

ASSET	% RETURN
Mobile Global Esports (MGAM)	2,020%
Janover Inc Common Stock (JNVR)	1,646.92%
Oncology Institute (TOI)	811.76%
Global Interactive Technologies (GITS)	448.13%
Dominari (DOMH)	441.57%
Yoshiharu Global (YOSH)	423.33%
Cantor Equity Partners, Inc Class A Ordinary Shares (CEP)	381.23%
EPWK Holdings Ltd Class A Ordinary Shares (EPWK)	369.6%
Mobile-health Network Solutions Class A Ordinary Shares (MNDR)	355.96%
Abits (ABTS)	348.28%
CervoMed (CRVO)	340%
Above Food Ingredients Inc Common Stock (ABVE)	329.09%
Arena (AREN)	278.99%
Oriental Culture Holding (OCG)	263.88%
Skyline Builders Group Holding Limited Class A Ordinary Shares (SKBL)	190.91%
Junee Limited Ordinary Shares (JUNE)	184.06%
Zhengye Biotechnology Holding Limited Ordinary Shares (ZYBT)	176.66%
Gold Resource (GORO)	175.77%
Neuronetics (STIM)	170.3%
Roman DBDR Acquisition Corp II Warrants (DRDBW)	166.67%
VivoPower International (VVPR)	165.19%
DBV Technologies (DBVT)	161.7%
NETCLASS TECHNOLOGY INC Class A Ordinary Shares (NTCL)	153.6%
Rapid Micro Biosystems (RPID)	147.25%
Oneconnect Financial Technology (OCFT)	144.65%

Micro-cap stocks are treated as having a market cap of <= $300M.