ASX Growth Companies With High Insider Ownership
In This Article:
As the ASX200 prepares for a lower opening, influenced by global market reactions and local corporate developments, investors are keenly observing how these factors impact their portfolios. In such a fluctuating environment, growth companies with high insider ownership can offer a unique advantage, as they often reflect strong internal confidence and alignment with shareholder interests.
Top 10 Growth Companies With High Insider Ownership In Australia
| Name | Insider Ownership | Earnings Growth |
| Hartshead Resources (ASX:HHR) | 13.9% | 102.6% |
| Cettire (ASX:CTT) | 28.7% | 26.7% |
| Acrux (ASX:ACR) | 14.6% | 115.6% |
| Clinuvel Pharmaceuticals (ASX:CUV) | 13.6% | 28.1% |
| Liontown Resources (ASX:LTR) | 16.4% | 69.7% |
| Catalyst Metals (ASX:CYL) | 17.5% | 75.7% |
| Hillgrove Resources (ASX:HGO) | 10.4% | 49.4% |
| Adveritas (ASX:AV1) | 21.1% | 103.9% |
| Plenti Group (ASX:PLT) | 12.8% | 106.4% |
| Change Financial (ASX:CCA) | 26.6% | 77.9% |
Let's explore several standout options from the results in the screener.
Develop Global
Simply Wall St Growth Rating: ★★★★★☆
Overview: Develop Global Limited (ASX:DVP) engages in the exploration and development of mineral resource properties in Australia, with a market cap of A$572.88 million.
Operations: Revenue from mining services amounts to A$109.75 million.
Insider Ownership: 22.6%
Develop Global (DVP) is expected to see significant revenue growth, with forecasts indicating a 57.5% annual increase, outpacing the Australian market's average. The company is projected to become profitable within three years, showcasing above-average market growth in earnings at 122.66% per year. Despite this strong outlook, DVP has less than one year of cash runway and a forecasted low return on equity of 13.5%. Recent events include presentations at the Bell Potter Emerging Leaders Conference in May 2024.
IPD Group
Simply Wall St Growth Rating: ★★★★★☆
Overview: IPD Group Limited, with a market cap of A$480.72 million, distributes electrical equipment in Australia.
Operations: The company's revenue segments include the Products Division, generating A$215.98 million, and the Services Division, contributing A$20.79 million.
Insider Ownership: 28.1%
IPD Group is forecast to achieve annual earnings growth of 25.9% and revenue growth of 23.6%, both surpassing the Australian market averages. Despite trading at a discount to its estimated fair value, there has been significant insider selling recently with no substantial insider buying over the past three months. Earnings grew by 22.4% last year, but shareholders experienced dilution during this period. IPD presented at the Bell Potter Emerging Leaders Conference in May 2024.