ASX Growth Companies With At Least 10% Insider Ownership
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Despite a challenging day on the Australian market, with all sectors experiencing downturns influenced by factors such as low iron ore prices and international economic data, investors continue to seek stable opportunities in growth-oriented companies. High insider ownership can be a reassuring signal for potential stability and commitment from company leadership, particularly in turbulent times like these.
Top 10 Growth Companies With High Insider Ownership In Australia
| Name | Insider Ownership | Earnings Growth |
| Hartshead Resources (ASX:HHR) | 13.9% | 86.3% |
| Cettire (ASX:CTT) | 28.7% | 29.9% |
| Gratifii (ASX:GTI) | 15.6% | 112.4% |
| Acrux (ASX:ACR) | 14.6% | 115.3% |
| Doctor Care Anywhere Group (ASX:DOC) | 28.4% | 96.4% |
| Plenti Group (ASX:PLT) | 12.8% | 106.4% |
| Hillgrove Resources (ASX:HGO) | 10.4% | 45.4% |
| Change Financial (ASX:CCA) | 26.6% | 85.4% |
| Botanix Pharmaceuticals (ASX:BOT) | 11.4% | 120.9% |
| Liontown Resources (ASX:LTR) | 16.4% | 63.9% |
Underneath we present a selection of stocks filtered out by our screen.
Develop Global
Simply Wall St Growth Rating: ★★★★★☆
Overview: Develop Global Limited, along with its subsidiaries, focuses on the exploration and development of mineral resources in Australia, with a market capitalization of approximately A$538.69 million.
Operations: The company generates revenue primarily from mining services, totaling approximately A$109.75 million.
Insider Ownership: 17.7%
Develop Global Limited, recently added to the S&P/ASX 300 and Small Ordinaries Indexes, is poised for significant growth with revenue expected to increase by 54.2% per year, outpacing the Australian market's 5.3%. Although currently unprofitable, it is forecasted to achieve profitability within three years, a rate well above average market growth. However, potential investors should note concerns such as shareholder dilution over the past year and a short cash runway of less than one year.
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Dive into the specifics of Develop Global here with our thorough growth forecast report.
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Our valuation report here indicates Develop Global may be overvalued.
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 capitalization of approximately A$640.52 million.
Operations: The company generates revenue primarily from gold mining, totaling A$166.66 million.
Insider Ownership: 10.2%
Ora Banda Mining, recently included in the S&P/ASX All Ordinaries Index, reported a significant turnaround with sales reaching A$96.35 million and net income of A$10.79 million for the half-year ended December 31, 2023, contrasting sharply with a loss the previous year. The company is trading at 89.7% below its estimated fair value and forecasts suggest an impressive revenue growth rate of 39.1% per year, outstripping the Australian market's average of 5.3%. However, shareholder dilution occurred over the past year despite no substantial insider trading activity reported in recent months.