ASX Growth Companies With High Insider Ownership In November 2024

The Australian market has shown some volatility with the ASX200 slightly down at 8,385 points, amid global trade tensions sparked by President-elect Donald Trump's tariff announcements. In this fluctuating environment, growth companies with high insider ownership can be appealing as they often indicate strong confidence from those closely involved in the business.

Top 10 Growth Companies With High Insider Ownership In Australia

Name	Insider Ownership	Earnings Growth
SKS Technologies Group (ASX:SKS)	32.4%	24.8%
Catalyst Metals (ASX:CYL)	14.8%	33.1%
Acrux (ASX:ACR)	19.5%	91.6%
AVA Risk Group (ASX:AVA)	15.7%	77.3%
Newfield Resources (ASX:NWF)	29.0%	72.1%
Findi (ASX:FND)	34.8%	71.5%
Hillgrove Resources (ASX:HGO)	10.4%	66.5%
Pointerra (ASX:3DP)	20.8%	126.4%
Plenti Group (ASX:PLT)	12.8%	120.1%
Brightstar Resources (ASX:BTR)	16.2%	84.6%

Click here to see the full list of 93 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Here we highlight a subset of our preferred stocks from the screener.

Duratec (ASX:DUR)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Duratec Limited, along with its subsidiaries, provides assessment, protection, remediation, and refurbishment services for steel and concrete infrastructure assets in Australia, with a market cap of A$384.36 million.

Operations: Duratec's revenue is derived from several segments, including Energy (A$46.64 million), Defence (A$220.16 million), Buildings & Facades (A$111.33 million), and Mining & Industrial (A$155.64 million).

Insider Ownership: 31.3%

Duratec demonstrates potential as a growth company with high insider ownership in Australia. Its revenue is forecast to grow at 8.3% annually, surpassing the broader market's 5.7%. Earnings are projected to increase by 14.4% per year, outpacing the market average of 12.4%. Despite trading below estimated fair value, Duratec reported strong earnings and revenue growth for FY2024 and was recently added to the S&P Global BMI Index, reflecting its expanding market presence.

• Unlock comprehensive insights into our analysis of Duratec stock in this growth report.
• Our valuation report here indicates Duratec may be undervalued.

Develop Global (ASX:DVP)

Simply Wall St Growth Rating: ★★★★★★

Overview: Develop Global Limited, with a market cap of A$534.71 million, is involved in the exploration and development of mineral resource properties in Australia through its subsidiaries.

Operations: The company's revenue is primarily generated from its Mining Services segment, amounting to A$147.23 million.

Insider Ownership: 20.4%

Develop Global exhibits strong growth potential with high insider ownership in Australia. The company’s revenue is forecast to grow at 56.7% annually, significantly outpacing the Australian market's 5.7%. Although shareholders experienced dilution due to a recent A$10 million equity offering, Develop Global's earnings are expected to grow by 95.42% per year and become profitable within three years, reflecting robust financial prospects despite a net loss of A$12.13 million for FY2024.

• Click here to discover the nuances of Develop Global with our detailed analytical future growth report.
• Our valuation report unveils the possibility Develop Global's shares may be trading at a discount.

Guzman y Gomez (ASX:GYG)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Guzman y Gomez Limited owns, operates, and franchises quick service restaurants in Australia, Singapore, Japan, and the United States with a market cap of A$4.04 billion.

Operations: The company generates revenue primarily through its quick service restaurant operations, amounting to A$364.99 million.

Insider Ownership: 12.9%

Guzman y Gomez has seen substantial insider buying recently, indicating confidence in its growth trajectory. The company reported a significant revenue increase to A$342.21 million for FY2024, although it posted a net loss of A$13.75 million. Despite this, revenue is forecast to grow faster than the Australian market at 17.8% annually, with profitability expected in three years. Recent additions to major indices like the S&P/ASX 200 highlight its growing prominence in the market.

• Dive into the specifics of Guzman y Gomez here with our thorough growth forecast report.
• In light of our recent valuation report, it seems possible that Guzman y Gomez is trading beyond its estimated value.

Turning Ideas Into Actions

• Gain an insight into the universe of 93 Fast Growing ASX Companies With High Insider Ownership by clicking here.
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Searching for a Fresh Perspective?

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• Find companies with promising cash flow potential yet trading below their fair value.

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.

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