OTCQX Best 50 2023: See Who Made the List

OTC Markets congratulates the 2023 OTCQX Best 50 – our annual ranking of the top-performing OTCQX companies from the prior calendar year. This year’s list represents a breadth of industries and geographies that contribute to the diverse range of OTCQX-traded securities.

2023 OTCQX Best 50 Highlights:

The 2023 OTCQX Best 50 companies traded a total $6.5 billion dollar volume. The companies delivered to investors a median total return of 20% in 2022. The median market cap for the companies ranked in this year’s list was over $198.6 million, and among them were 13 companies with a market cap greater than $1 billion.

This year’s top performing company, Journey Energy Inc. (OTCQX: JRNGF), is a Canadian oil and gas exploration and production company. Journey Energy Inc. cross-trades on the Toronto Stock Exchange (TSX) in Canada under the ticker symbol “JOY.” They are among the 15 Canadian companies rounding out the list of the OTCQX Best 50.

Fifteen U.S. community banks were also included among this year’s Best 50 list:

Six companies from last year’s ranking made their second appearance on the OTCQX Best 50 list in 2023.

Global Reach

Canadian companies comprised a high concentration of the 2023 OTCQX Best 50 at 15 companies. This year’s list also included representation from ten other countries. The list included companies traded on Frankfurt Stock Exchange, ASX, LSE, Bolsa Mexicana de Valores, SIX Swiss Exchange, Madrid Stock Exchange, Istanbul Stock Exchange, Hong Kong Stock Exchange, and BM&F Bovespa.

The diversity of countries demonstrates the success of OTCQX as a global gateway to connect issuers with the U.S. investment community.

We recognize the efforts of our 2023 Best 50 companies–and the shared commitment to providing their investors with a premium trading experience.

For additional information and to view the complete 2023 OTCQX Best 50 ranking, please click here.

Note: The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX Best Market, based on an equal weighting of one-year total return and average daily dollar volume growth. Companies in the 2023 OTCQX Best 50 were ranked based on their performance during the 2022 calendar year.

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Jason Paltrowitz is Executive Vice President, Corporate Services at OTC Markets Group, where he is responsible for managing the firm’s international and domestic Corporate Services business. Drawing upon his expertise in cross-border trading and as a recognized proponent of Reg A+ and small company capital raising, Jason is an advocate for small cap issuers, start-ups, and entrepreneurial innovators working to alleviate the cost, time and complexity associated with being a public company. Prior to joining OTC Markets in October 2013, Jason was Managing Director and Segment Head at JP Morgan Chase responsible for the custody, clearing and collateral management business in the Corporate and Investment Bank division. Jason also held multiple senior management positions at BNY Mellon, most notably, as Head of M&A for the Financial Markets and Treasury Services Sector and 11 years as the Head of the Global Capital Markets Group in the Depositary Receipt Division. Jason currently serves on the Board of Directors of the Crowdfunding Professional Association (CfPA) and also served as a member of the Board of Directors at OTC Markets Group from 2008 – 2011. Jason holds a Bachelor's degree in International Relations from Boston University and received his MBA from the NYU Stern School of Business.

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