3 High Growth ASX Companies With Significant Insider Ownership

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The Australian market has shown mixed performance recently, with the ASX200 closing up 0.39% at 8,013 points, driven by a rally in bank stocks while energy and mining sectors faced challenges due to falling commodity prices. In this fluctuating environment, investors often seek growth companies with significant insider ownership as these can indicate strong confidence from those closest to the business.

Top 10 Growth Companies With High Insider Ownership In Australia

Name

Insider Ownership

Earnings Growth

Hartshead Resources (ASX:HHR)

13.9%

102.6%

Clinuvel Pharmaceuticals (ASX:CUV)

13.6%

27.4%

Catalyst Metals (ASX:CYL)

17.5%

61.8%

AVA Risk Group (ASX:AVA)

15.7%

118.8%

Acrux (ASX:ACR)

14.6%

91.6%

Hillgrove Resources (ASX:HGO)

10.4%

70.5%

Adveritas (ASX:AV1)

21.1%

144.2%

Liontown Resources (ASX:LTR)

16.4%

69.7%

Plenti Group (ASX:PLT)

12.8%

106.4%

Change Financial (ASX:CCA)

26.6%

102%

Click here to see the full list of 95 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Let's dive into some prime choices out of the screener.

Aussie Broadband

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Aussie Broadband Limited, with a market cap of A$1.09 billion, provides telecommunications and technology services in Australia.

Operations: The company's revenue segments include Business (A$96.97 million), Wholesale (A$159.73 million), Residential (A$585.07 million), Symbio Group (A$69.93 million), and Enterprise and Government (A$88.04 million).

Insider Ownership: 10.8%

Earnings Growth Forecast: 27.3% p.a.

Aussie Broadband reported a revenue increase to A$999.75 million for FY2024, up from A$787.95 million, with net income rising to A$26.38 million. Earnings are expected to grow significantly over the next three years, outpacing the Australian market's growth rate. Despite substantial insider ownership and trading at 57.7% below estimated fair value, ABB faces challenges with low forecasted return on equity and slower revenue growth compared to its earnings trajectory.

ASX:ABB Earnings and Revenue Growth as at Sep 2024
ASX:ABB Earnings and Revenue Growth as at Sep 2024

Cettire

Simply Wall St Growth Rating: ★★★★★☆

Overview: Cettire Limited operates an online luxury goods retailing business in Australia, the United States, and internationally, with a market cap of A$553.99 million.

Operations: The company's revenue primarily stems from online retail sales, amounting to A$742.26 million.

Insider Ownership: 34.1%