ASX Growth Companies With Insider Ownership And 93% Earnings Growth

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Over the last 7 days, the Australian market has remained flat, though it is up 6.6% over the past year with earnings forecast to grow by 13% annually. In this context, identifying growth companies with high insider ownership can be crucial as they often indicate strong confidence from those who know the business best.

Top 10 Growth Companies With High Insider Ownership In Australia

Name

Insider Ownership

Earnings Growth

Cettire (ASX:CTT)

28.7%

26.7%

Acrux (ASX:ACR)

14.6%

115.3%

Clinuvel Pharmaceuticals (ASX:CUV)

13.6%

26.8%

Liontown Resources (ASX:LTR)

16.4%

51.6%

Catalyst Metals (ASX:CYL)

17%

75.7%

Biome Australia (ASX:BIO)

34.5%

114.4%

Hillgrove Resources (ASX:HGO)

10.4%

49.4%

Ora Banda Mining (ASX:OBM)

10.2%

106.8%

Plenti Group (ASX:PLT)

12.8%

106.4%

Change Financial (ASX:CCA)

26.6%

77.9%

Click here to see the full list of 91 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Let's uncover some gems from our specialized screener.

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 approximately A$541.58 million.

Operations: Cettire's revenue from online retail sales amounts to approximately A$582.79 million.

Insider Ownership: 28.7%

Earnings Growth Forecast: 26.7% p.a.

Cettire, a growth company with high insider ownership, is forecast to see revenue grow at 23.7% annually and earnings at 26.7%, both outpacing the Australian market. Despite recent shareholder dilution and share price volatility, it became profitable this year and trades at 72% below its estimated fair value. Recent board additions include Jon Gidney as an independent non-executive director, bringing extensive investment banking experience to the company’s strategic initiatives.

ASX:CTT Ownership Breakdown as at Aug 2024
ASX:CTT Ownership Breakdown as at Aug 2024

IperionX

Simply Wall St Growth Rating: ★★★★★☆

Overview: IperionX Limited focuses on the exploration and development of mineral properties in the United States, with a market cap of A$579.36 million.

Operations: IperionX Limited's revenue segments are currently not available.

Insider Ownership: 16.8%

Earnings Growth Forecast: 47.4% p.a.

IperionX, with substantial insider ownership, is forecast to achieve 73.5% annual revenue growth and become profitable within three years. Recent agreements with Aperam Recycling and Vegas Fastener Manufacturing highlight its innovative titanium processing capabilities and potential in high-performance markets like aerospace and military applications. Despite past shareholder dilution, insiders have been net buyers recently, indicating confidence in the company's future prospects. Currently trading significantly below fair value estimates, IperionX remains a compelling growth story.