Over the last 7 days, the United Kingdom market has remained flat, but it is up 7.4% over the past year with earnings forecast to grow by 14% annually. In such a promising environment, growth companies with high insider ownership can be particularly appealing as they often indicate strong confidence from those who know the business best.
Top 10 Growth Companies With High Insider Ownership In The United Kingdom
Overview: Evoke plc, with a market cap of ￡277.57 million, offers online betting and gaming products and solutions across the United Kingdom, Ireland, Italy, Spain, and internationally.
Operations: Evoke's revenue segments include ￡514 million from Retail, ￡661.20 million from UK&I Online, and ￡516.10 million from International operations.
Insider Ownership: 20.5%
Evoke plc, a growth company with high insider ownership, has recently appointed Susan Standiford as an Independent Non-Executive Director. Despite reporting a net loss of ￡143.2 million for H1 2024, the company expects significant profitability improvement in H2 2024 due to successful product launches and effective promotions. Insiders have been substantially buying shares over the past three months, and earnings are forecasted to grow 104.91% annually with expected profitability within three years.
Overview: Hochschild Mining plc is a precious metals company involved in the exploration, mining, processing, and sale of gold and silver deposits across Peru, Argentina, the United States, Canada, Brazil, and Chile with a market cap of ￡962.04 million.
Operations: The company's revenue segments include $266.70 million from San Jose and $451.91 million from Inmaculada, with a segment adjustment of $79.60 million.
Insider Ownership: 38.4%
Hochschild Mining reported H1 2024 sales of US$391.74 million, up from US$314.02 million a year ago, with net income at US$39.52 million compared to a net loss of US$44.71 million previously. Earnings are forecasted to grow significantly at 44.63% per year, outpacing the UK market's growth rate of 14.2%. Despite trading at 47% below estimated fair value and having high debt levels, insider ownership remains robust without recent substantial insider trading activity.
Overview: International Workplace Group plc, with a market cap of ￡1.74 billion, provides workspace solutions across the Americas, Europe, the Middle East, Africa, and the Asia Pacific through its subsidiaries.
Operations: The company's revenue segments include $400.56 million from Worka, $1.29 billion from the Americas, $341.30 million from the Asia Pacific, and $1.69 billion from Europe, the Middle East, and Africa (EMEA).
Insider Ownership: 25.2%
International Workplace Group (IWG) is forecast to become profitable within the next three years, with earnings expected to grow 115.58% annually. Insiders have been net buyers over the past three months, indicating confidence in future prospects. Despite a projected revenue growth of 8.9% per year, slower than some high-growth peers, IWG trades at good value compared to industry standards. Recent investor activism by Buckley Capital Management highlights significant undervaluation and suggests strategic actions like share buybacks and a potential US listing for enhanced valuation multiples.
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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 LSE:EVOK LSE:HOC and LSE:IWG.
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