ASX Growth Companies With Up To 27% Insider Ownership

Amidst a mixed performance in the Australian market, with the ASX slightly down and most sectors seeing declines, investor focus may benefit from considering growth companies with significant insider ownership. Such firms often demonstrate a commitment to long-term success, which could be particularly appealing in the current environment where strategic stability is valued.

Top 10 Growth Companies With High Insider Ownership In Australia

Name	Insider Ownership	Earnings Growth
Cettire (ASX:CTT)	28.7%	26.7%
Clinuvel Pharmaceuticals (ASX:CUV)	13.6%	26.7%
Acrux (ASX:ACR)	14.6%	115.3%
Biome Australia (ASX:BIO)	34.5%	114.4%
Liontown Resources (ASX:LTR)	16.4%	58.9%
Ora Banda Mining (ASX:OBM)	10.2%	94.3%
Plenti Group (ASX:PLT)	12.8%	106.4%
Change Financial (ASX:CCA)	26.6%	76.4%
Hillgrove Resources (ASX:HGO)	10.4%	45.4%
Chrysos (ASX:C79)	21.3%	63.5%

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

Underneath we present a selection of stocks filtered out by our screen.

Develop Global (ASX:DVP)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Develop Global Limited, operating in Australia, focuses on the exploration and development of mineral resources with a market capitalization of approximately A$557.40 million.

Operations: The company generates revenue primarily through its Mining Services segment, which produced A$109.75 million.

Insider Ownership: 22.6%

Develop Global, an Australian company, is anticipated to see significant growth with earnings expected to increase and revenue projected to grow at 54.2% annually, outpacing the market's 5.3%. Despite these prospects, there are concerns: shareholder dilution occurred last year and the company has less than a year of cash runway. Additionally, while it's set to become profitable within three years, its forecasted Return on Equity is relatively low at 12.5%.

• Dive into the specifics of Develop Global here with our thorough growth forecast report.
• Our expertly prepared valuation report Develop Global implies its share price may be too high.

Mineral Resources (ASX:MIN)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Mineral Resources Limited is a diversified mining services company operating in Australia, Asia, and internationally, with a market capitalization of approximately A$11.02 billion.

Operations: The company generates revenue from lithium (A$1.60 billion), iron ore (A$2.50 billion), and mining services (A$2.82 billion).

Insider Ownership: 11.6%

Mineral Resources, trading 40.8% below its fair value, shows promise with expected significant earnings growth of 27.16% annually over the next three years and revenue forecast to increase by 12.1% each year, surpassing Australia's market growth rate of 5.3%. However, challenges include lower profit margins compared to last year and earnings that barely cover interest payments. Insider ownership remains high but without recent buying or selling activity reported in the past three months.

• Take a closer look at Mineral Resources' potential here in our earnings growth report.
• Upon reviewing our latest valuation report, Mineral Resources' share price might be too optimistic.

Qualitas (ASX:QAL)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Qualitas operates as a real estate investment firm, engaging in direct investments across various real estate classes and locations, acquisitions and restructuring of distressed debt, capital raising for third parties, and consulting services, with a market capitalization of approximately A$679.19 million.

Operations: The company generates revenue through two primary segments: Direct Lending, which brought in A$27.58 million, and Funds Management, contributing A$19.32 million.

Insider Ownership: 27.1%

Qualitas Limited, with high insider ownership, is poised for robust growth, forecasting a 25.12% annual increase in earnings and a 15.4% rise in revenue, outpacing the Australian market's average. Despite this promising outlook, its dividend sustainability is questionable due to poor earnings coverage and an expected low return on equity of 9.3% in three years. Recent developments include the departure of director Michael Schoenfeld on June 30, 2024, which could impact governance dynamics.

• Unlock comprehensive insights into our analysis of Qualitas stock in this growth report.
• Our comprehensive valuation report raises the possibility that Qualitas is priced higher than what may be justified by its financials.

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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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