3 ASX Growth Companies With Up To 13% Insider Ownership

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The Australian market has climbed 1.4% in the last 7 days, with a gain of 2.3%, and is up 15% over the last 12 months, with earnings forecasted to grow by 12% annually. In this thriving environment, companies with high insider ownership often signal strong confidence from those who know the business best, making them compelling considerations for investors seeking growth opportunities.

Top 10 Growth Companies With High Insider Ownership In Australia

Name

Insider Ownership

Earnings Growth

Clinuvel Pharmaceuticals (ASX:CUV)

10.4%

27.4%

Catalyst Metals (ASX:CYL)

17%

54.5%

Genmin (ASX:GEN)

12%

117.7%

AVA Risk Group (ASX:AVA)

15.7%

118.8%

Pointerra (ASX:3DP)

18.7%

126.4%

Liontown Resources (ASX:LTR)

16.4%

69.4%

Hillgrove Resources (ASX:HGO)

10.4%

70.9%

Acrux (ASX:ACR)

17.4%

91.6%

Adveritas (ASX:AV1)

21.1%

144.2%

Plenti Group (ASX:PLT)

12.8%

106.4%

Click here to see the full list of 100 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Flight Centre Travel Group

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Flight Centre Travel Group Limited offers travel retailing services for leisure and corporate sectors across multiple regions including Australia, New Zealand, the Americas, Europe, the Middle East, Africa, Asia and has a market cap of A$4.74 billion.

Operations: The company's revenue segments include A$1.35 billion from leisure travel services and A$1.11 billion from corporate travel services.

Insider Ownership: 13.5%

Flight Centre Travel Group demonstrates strong growth potential with earnings forecasted to grow 19.72% annually, outpacing the Australian market's 12.3%. Despite an unstable dividend history, recent financials show significant improvement: net income rose to A$139 million from A$47 million last year. The company trades at a 16% discount to its fair value and plans strategic acquisitions, particularly in Cruise & Touring sales, leveraging a robust balance sheet for future expansion.

ASX:FLT Ownership Breakdown as at Sep 2024
ASX:FLT Ownership Breakdown as at Sep 2024

Ora Banda Mining

Simply Wall St Growth Rating: ★★★★★★

Overview: Ora Banda Mining Limited is an Australian company focused on the exploration, operation, and development of mineral properties, with a market cap of A$1.28 billion.

Operations: Ora Banda Mining generates revenue primarily from its gold mining operations, amounting to A$166.66 million.

Insider Ownership: 10.2%

Ora Banda Mining's revenue is forecast to grow 46.3% annually, significantly outpacing the Australian market. The company is expected to become profitable within three years, with earnings projected to grow 106.93% per year and a very high return on equity of 46%. Recent executive changes include the appointment of Doug Warden as CFO and Joint Company Secretary, enhancing financial leadership. OBM was recently added to the S&P Global BMI Index but dropped from the S&P/ASX Emerging Companies Index.

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

Technology One

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Technology One Limited develops, markets, sells, implements, and supports integrated enterprise business software solutions in Australia and internationally with a market cap of A$7.78 billion.

Operations: The company's revenue segments are comprised of Software (A$317.24 million), Corporate (A$83.83 million), and Consulting (A$68.13 million).

Insider Ownership: 12.3%

Technology One's earnings grew by 13.1% over the past year, with revenue forecasted to grow at 11.5% annually, outpacing the Australian market's 5.4%. Earnings are projected to rise by 14.8% per year, also exceeding market expectations of 12.3%. The recent appointment of Paul Robson as a Non-Executive Director brings valuable SaaS and cloud computing expertise, enhancing strategic transformation and operational efficiency as the company continues its global SaaS platform expansion.

ASX:TNE Ownership Breakdown as at Sep 2024
ASX:TNE Ownership Breakdown as at Sep 2024

Key Takeaways

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

Companies discussed in this article include ASX:FLT ASX:OBM and ASX:TNE.

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