Stock Analysis

3 ASX Growth Companies With High Insider Ownership And Up To 18% Revenue Growth

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The ASX200 is set to fall 0.43% on Friday, influenced by rising yields and mixed economic data from the US, while investors await a speech by Federal Reserve chair Jerome Powell at the Jackson Hole symposium. Despite these market fluctuations, growth companies with high insider ownership can offer stability and potential for significant revenue growth in uncertain times.

Top 10 Growth Companies With High Insider Ownership In Australia

NameInsider OwnershipEarnings Growth
Hartshead Resources (ASX:HHR)13.9%102.6%
Cettire (ASX:CTT)28.7%26.7%
Clinuvel Pharmaceuticals (ASX:CUV)13.6%27%
Acrux (ASX:ACR)14.6%115.6%
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%

Click here to see the full list of 89 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Let's dive into some prime choices out of the screener.

Emerald Resources (ASX:EMR)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Emerald Resources NL focuses on the exploration and development of mineral reserves in Cambodia and Australia, with a market cap of A$2.66 billion.

Operations: Emerald Resources NL generates revenue primarily from its mine operations, amounting to A$339.32 million.

Insider Ownership: 18.4%

Revenue Growth Forecast: 18.5% p.a.

Emerald Resources, a growth company with significant insider ownership, is forecast to see revenue grow at 18.5% per year and earnings at 20.1% per year, both outpacing the Australian market averages. Despite trading at a substantial discount to its estimated fair value and achieving a 53.4% earnings growth over the past year, shareholders have faced dilution recently. The company has actively participated in recent industry conferences, highlighting its commitment to investor engagement and transparency.

ASX:EMR Ownership Breakdown as at Aug 2024

Mineral Resources (ASX:MIN)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Mineral Resources Limited, with a market cap of A$9.07 billion, operates as a mining services company in Australia, Asia, and internationally through its subsidiaries.

Operations: Mineral Resources Limited generates revenue from three primary segments: Lithium (A$1.60 billion), Iron Ore (A$2.50 billion), and Mining Services (A$2.82 billion).

Insider Ownership: 11.6%

Revenue Growth Forecast: 10.7% p.a.

Mineral Resources is trading at 64.8% below its estimated fair value and is expected to see significant earnings growth of 23.09% per year, outpacing the Australian market's 13.3%. Despite slower revenue growth at 10.7%, it remains above the market average of 5.4%. The company has a high forecasted Return on Equity of 24.9% in three years, though profit margins have declined from last year's figures, and interest payments are not well covered by earnings.

ASX:MIN Earnings and Revenue Growth as at Aug 2024

Technology One (ASX:TNE)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Technology One Limited develops, markets, sells, implements, and supports integrated enterprise business software solutions in Australia and internationally with a market cap of A$7.58 billion.

Operations: The company's revenue segments are comprised of Software (A$317.24 million), Corporate (A$83.83 million), and Consulting (A$68.13 million).

Insider Ownership: 12.3%

Revenue Growth Forecast: 11.5% p.a.

Technology One's revenue is forecast to grow 11.5% annually, outpacing the Australian market's 5.4%. Earnings are expected to increase by 14.79% per year, also above the market average of 13.3%. Recent developments include Paul Robson joining as an independent Non-Executive Director, bringing expertise in SaaS businesses and strategic transformation from his tenure at Adobe. The company’s Return on Equity is projected to be high at 32.6% in three years.

ASX:TNE Ownership Breakdown as at Aug 2024

Summing It All Up

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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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