Stock Analysis

ASX Growth Companies With Insider Ownership And 93% Earnings Growth

ASX:CTT
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Over the last 7 days, the Australian market has remained flat, though it is up 6.6% over the past year with earnings forecast to grow by 13% annually. In this context, identifying growth companies with high insider ownership can be crucial as they often indicate strong confidence from those who know the business best.

Top 10 Growth Companies With High Insider Ownership In Australia

NameInsider OwnershipEarnings Growth
Cettire (ASX:CTT)28.7%26.7%
Acrux (ASX:ACR)14.6%115.3%
Clinuvel Pharmaceuticals (ASX:CUV)13.6%26.8%
Liontown Resources (ASX:LTR)16.4%51.6%
Catalyst Metals (ASX:CYL)17%75.7%
Biome Australia (ASX:BIO)34.5%114.4%
Hillgrove Resources (ASX:HGO)10.4%49.4%
Ora Banda Mining (ASX:OBM)10.2%106.8%
Plenti Group (ASX:PLT)12.8%106.4%
Change Financial (ASX:CCA)26.6%77.9%

Click here to see the full list of 91 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Let's uncover some gems from our specialized screener.

Cettire (ASX:CTT)

Simply Wall St Growth Rating: ★★★★★★

Overview: Cettire Limited operates an online luxury goods retailing business in Australia, the United States, and internationally, with a market cap of approximately A$541.58 million.

Operations: Cettire's revenue from online retail sales amounts to approximately A$582.79 million.

Insider Ownership: 28.7%

Earnings Growth Forecast: 26.7% p.a.

Cettire, a growth company with high insider ownership, is forecast to see revenue grow at 23.7% annually and earnings at 26.7%, both outpacing the Australian market. Despite recent shareholder dilution and share price volatility, it became profitable this year and trades at 72% below its estimated fair value. Recent board additions include Jon Gidney as an independent non-executive director, bringing extensive investment banking experience to the company’s strategic initiatives.

ASX:CTT Ownership Breakdown as at Aug 2024
ASX:CTT Ownership Breakdown as at Aug 2024

IperionX (ASX:IPX)

Simply Wall St Growth Rating: ★★★★★☆

Overview: IperionX Limited focuses on the exploration and development of mineral properties in the United States, with a market cap of A$579.36 million.

Operations: IperionX Limited's revenue segments are currently not available.

Insider Ownership: 16.8%

Earnings Growth Forecast: 47.4% p.a.

IperionX, with substantial insider ownership, is forecast to achieve 73.5% annual revenue growth and become profitable within three years. Recent agreements with Aperam Recycling and Vegas Fastener Manufacturing highlight its innovative titanium processing capabilities and potential in high-performance markets like aerospace and military applications. Despite past shareholder dilution, insiders have been net buyers recently, indicating confidence in the company's future prospects. Currently trading significantly below fair value estimates, IperionX remains a compelling growth story.

ASX:IPX Ownership Breakdown as at Aug 2024
ASX:IPX Ownership Breakdown as at Aug 2024

Lotus Resources (ASX:LOT)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Lotus Resources Limited focuses on the exploration, evaluation, and development of uranium properties in Australia and Africa, with a market cap of A$476.26 million.

Operations: Lotus Resources Limited generates revenue primarily from its activities in the exploration, evaluation, and development of uranium properties across Australia and Africa.

Insider Ownership: 12.4%

Earnings Growth Forecast: 93.3% p.a.

Lotus Resources, presenting at the Wedbush Disruptive Transportation Conference in May 2024, is forecast to grow earnings by 93.34% annually and become profitable within three years, surpassing market growth expectations. Despite making minimal revenue (A$102K) and no expected revenue next year, it trades at 53.7% below fair value estimates with a high forecasted return on equity of 23.8%. No recent insider trading activity has been reported.

ASX:LOT Ownership Breakdown as at Aug 2024
ASX:LOT Ownership Breakdown as at Aug 2024

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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.

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