Find small cap companies generating lot of free cash flow

Small Cap companies with market capitalization between $5M and $500M, whose annual revenue is greater than $50M and whose Cash from operations after paying for Capital expenditure is a very high proportion of revenue (greater than 25% of revenue)

Company Name	Exchange: Ticker	(Cash from Ops - Cap Ex) / Total Revenue (all LTM)	Market Cap [27-May-10 C$M]
MOSAID Technologies Inc.	T.MSD	55.1%	229.1
Bridgewater Systems Corporation	T.BWC	49.5%	220.2
Paladin Labs Inc.	T.PLB	42.0%	433.5
Boralex Power Income Fund	T.BPT.UN	41.1%	277.0
Divestco Inc.	T.DVT	38.6%	34.4
Mart Resources Inc.	T.MMT	37.2%	82.2
Primary Energy Recycling Corp.	T.PRI	35.6%	142.2
MTY Food Group Inc.	T.MTY	32.7%	208.4
Zargon Energy Trust	T.ZAR.UN	27.8%	440.6
Chesswood Income Fund	T.CHW.UN	25.6%	39.1
DirectCash Income Fund	T.DCI.UN	25.1%	202.1

Information as on May 27, 2010
Source: Capital IQ
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