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Some small-cap ASX stocks might be able to provide solid returns if they can continue to execute their growth plans.

Small businesses may have more growth potential because they are earlier in their journey.

These two ideas could be interesting:

Over The Wire Holdings Ltd (ASX: OTW)

Over The Ware is a reasonably diverse business. It comprises a number of different segments, including Digital Sense, which is one of the leading sovereign cloud providers in Australia. Over The Wire offers telecommunications services such as voice. It also offers cloud infrastructure and data centers.

The business has a number of factors that can help its strategy for long term growth. It has a strong recurring revenue base with good margins. It can ensure long term stability.

It plans to continue to invest more in its platform to achieve automation and improve its operational leverage.

ASX Small Cap Stock is striving to increase its customer base. Its diversified activities allow it to offer its customers a complete set of IT and telecommunications services.

Indeed, Over The Wire says:

Over The Wire is a true integrated platform provider, enhancing our customer experience by simplifying technology to empower businesses. Over The Wire is uniquely positioned to deliver enduring customer value through our core capabilities and intellectual property to deliver integrated solutions.

The business continues to grow at double-digit rates. In the FY21 half-year result, turnover increased by 17%, gross profit margin improved by five percentage points and profit before interest, taxes and depreciation (EBITDA) increased by 28%.

Doctor Care Anywhere Group PLC (ASX: DOC)

Doctor Care is a UK based telehealth company that tries to provide good patient experience and clinical care through a digital platform. It works with health insurers, healthcare providers and corporate clients to connect patients with a range of telehealth services.

Small-cap ASX stock is growing at a relatively rapid pace.

In the first quarter of 2021, ASX small-cap stock revealed that its underlying revenue grew 16.5% quarter-on-quarter to £ 4.4million and the number of views increased from 21.9% to 90,500. More than 34,000 consultations were delivered in March 2021, 32.3% more than the highest month of the fourth quarter of 2020.

Doctor Care Anywhere plans to increase revenue by at least 100% from FY20. This growth is expected thanks to the growth in the number of people eligible to use the services of the company, the growth of activations and consultations.

The first quarter of 2021 also saw an increase in profitability. Quarter over quarter underlying gross margin increased 7.6% and underlying contribution increased 2.9% to £ 0.9million despite high level of increased demand of its general practitioners.

Doctor Care Anywhere’s net operating cash flow improved by £ 1.1million quarter-on-quarter to an outflow of £ 2.4million in the first quarter of 2021.

Management expects the easing of lockdown measures will accelerate growth through secondary care services and diagnostic pathways. He expects demand for his primary care consultations to remain high.

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