ASX Growth Companies With High Insider Ownership For September 2024
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The Australian market has climbed 1.4% in the last 7 days and is up 15% over the last 12 months, with earnings forecast to grow by 12% annually. In this environment, growth companies with high insider ownership can be particularly attractive as they often signal strong confidence from those closest to the business.
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% |
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$900 million.
Operations: Cettire Limited generates revenue primarily through online retail sales, amounting to A$742.26 million.
Insider Ownership: 34.1%
Cettire shows strong growth potential with high insider ownership and no substantial insider selling in the past three months. Revenue is forecast to grow 16.1% annually, outpacing the Australian market's 5.4%. Earnings are expected to rise by 29% per year, though profit margins have decreased from 3.8% to 1.4%. Recent board appointments of experienced executives Caroline Elliott and Jon Gidney aim to bolster governance and strategic oversight amid this growth trajectory.
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Delve into the full analysis future growth report here for a deeper understanding of Cettire.
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Our expertly prepared valuation report Cettire implies its share price may be too high.
Flight Centre Travel Group
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Flight Centre Travel Group Limited offers travel retailing services for both leisure and corporate sectors across multiple regions including Australia, New Zealand, the Americas, Europe, the Middle East, Africa, Asia, and internationally with a market cap of A$4.82 billion.
Operations: The company generates revenue from two primary segments: 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 has demonstrated substantial growth with high insider ownership. The company reported a significant increase in net income, rising from A$47 million to A$139 million year-on-year, and basic earnings per share improving from A$0.231 to A$0.637. Despite a forecasted revenue growth of 8% annually, which is slower than some peers, its earnings are expected to grow at 19.7% per year, outpacing the broader Australian market's 12.3%. Recent strategic moves include seeking acquisitions and investments to double Cruise & Touring sales, supported by strong cash reserves for reinvestment and M&A opportunities.