Top ASX Growth Companies With High Insider Ownership In September 2024

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Over the last 7 days, the Australian market has remained flat, but it has risen 15% in the past 12 months with earnings expected to grow by 12% per annum over the next few years. In this context, identifying growth companies with high insider ownership can be crucial as it often indicates 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%

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

Let's explore several standout options from the results in the screener.

Cettire

Simply Wall St Growth Rating: ★★★★★☆

Overview: Cettire Limited operates as an online luxury goods retailer serving customers in Australia, the United States, and internationally, with a market cap of A$838.72 million.

Operations: Cettire generates its revenue primarily from online retail sales, amounting to A$742.26 million.

Insider Ownership: 33.8%

Cettire exhibits key traits of a growth company with high insider ownership, including substantial insider buying over the past three months and earnings forecasted to grow significantly at 29% annually, outpacing the broader Australian market. Despite recent volatility in its share price and a decline in profit margins from 3.8% to 1.4%, Cettire trades at nearly 25% below estimated fair value. Recent board appointments of experienced directors Caroline Elliott and Jonathan Gidney bolster governance as the company reports robust revenue growth (A$742.26 million) for FY2024, up from A$416.23 million last year.

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

Flight Centre Travel Group

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Flight Centre Travel Group Limited (ASX:FLT) offers travel retailing services for both leisure and corporate clients 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's revenue segments include A$1.35 billion from leisure travel services and A$1.11 billion from corporate travel services.