3 ASX Growth Companies With High Insider Ownership Growing Revenue Up To 40%
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In the last week, the Australian market has remained flat, yet it has achieved a notable 15% increase over the past year with earnings forecasted to grow by 12% annually. In this environment, growth companies with high insider ownership can be particularly appealing as they often signal strong confidence in future performance and align management interests with those of shareholders.
Top 10 Growth Companies With High Insider Ownership In Australia
| Name | Insider Ownership | Earnings Growth |
| Clinuvel Pharmaceuticals (ASX:CUV) | 10.4% | 27.4% |
| Genmin (ASX:GEN) | 12% | 117.7% |
| Catalyst Metals (ASX:CYL) | 17% | 49.1% |
| Hillgrove Resources (ASX:HGO) | 10.4% | 71.5% |
| AVA Risk Group (ASX:AVA) | 15.7% | 118.8% |
| Pointerra (ASX:3DP) | 20.1% | 126.4% |
| Liontown Resources (ASX:LTR) | 14.7% | 61% |
| Acrux (ASX:ACR) | 17.4% | 91.6% |
| Adveritas (ASX:AV1) | 21.1% | 144.2% |
| Plenti Group (ASX:PLT) | 12.8% | 106.4% |
We're going to check out a few of the best picks from our screener tool.
Cettire
Simply Wall St Growth Rating: ★★★★★☆
Overview: Cettire Limited operates as an online luxury goods retailer in Australia, the United States, and internationally, with a market cap of A$789.16 million.
Operations: The company's revenue is primarily generated from online retail sales, amounting to A$742.26 million.
Insider Ownership: 33.5%
Revenue Growth Forecast: 16.1% p.a.
Cettire showcases strong growth potential with forecasted annual earnings growth of 29%, outpacing the Australian market. Despite a dip in profit margins from 3.8% to 1.4%, revenue is expected to grow at 16.1% annually, above the market average. Insider confidence is evident with substantial buying and no significant selling in recent months, while strategic board appointments aim to bolster governance and expertise amidst share price volatility and trading below estimated fair value by nearly 30%.
Liontown Resources
Simply Wall St Growth Rating: ★★★★★★
Overview: Liontown Resources Limited focuses on the exploration, evaluation, and development of mineral properties in Australia with a market capitalization of A$1.92 billion.
Operations: Liontown Resources Limited does not currently report any revenue segments.
Insider Ownership: 14.7%
Revenue Growth Forecast: 40.3% p.a.
Liontown Resources demonstrates significant growth potential, with revenue expected to increase by 40.3% annually, surpassing the Australian market's 5.5%. Earnings are forecasted to grow by 61% per year, and the company is on track to become profitable within three years. Recent board changes enhance governance as Ian Wells becomes Lead Independent Director. Despite a net loss of A$64.92 million for the year ending June 2024, insider buying exceeds selling in recent months without substantial volumes.