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Over the last 7 days, the Australian market has risen 1.4%, driven by gains of 3.3% in the Materials sector, while the Energy sector has lagged with a decline of 3.1%. In the past year, the market has climbed 12%, with earnings forecast to grow by 14% annually. In this context, identifying growth companies with high insider ownership can be particularly compelling as it often signals 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% |
Cettire (ASX:CTT) | 28.7% | 26.7% |
Acrux (ASX:ACR) | 14.6% | 115.6% |
Clinuvel Pharmaceuticals (ASX:CUV) | 13.6% | 28.1% |
Liontown Resources (ASX:LTR) | 16.4% | 69.7% |
Catalyst Metals (ASX:CYL) | 17.5% | 75.7% |
Hillgrove Resources (ASX:HGO) | 10.4% | 49.4% |
Adveritas (ASX:AV1) | 21.1% | 103.9% |
Plenti Group (ASX:PLT) | 12.8% | 106.4% |
Change Financial (ASX:CCA) | 26.6% | 77.9% |
Let's uncover some gems from our specialized screener.
Aussie Broadband
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Aussie Broadband Limited (ASX:ABB) provides telecommunications services to residential and business customers in Australia, with a market cap of A$1.03 billion.
Operations: Aussie Broadband'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%
Aussie Broadband's revenue is forecast to grow at 10.3% annually, outpacing the Australian market's 5.4% growth rate. Earnings are expected to increase significantly by 31.7% per year over the next three years, faster than the market average of 13.7%. The company reported A$999.75 million in sales for FY2024, up from A$787.95 million last year, with net income rising to A$26.38 million from A$21.72 million despite past shareholder dilution impacting financial results.
Mineral Resources
Simply Wall St Growth Rating: ★★★★★☆
Overview: Mineral Resources Limited, with a market cap of A$8.83 billion, operates as a mining services company in Australia, Asia, and internationally through its subsidiaries.
Operations: The company's revenue segments include Lithium at A$1.60 billion, Iron Ore at A$2.50 billion, and Mining Services at A$2.82 billion.