TSX Growth Companies With High Insider Ownership Featuring Colliers International Group And Two Others

In recent weeks, Canadian markets have demonstrated resilience amid global economic shifts, with the TSX showing stability even as other major indexes experienced fluctuations. This backdrop of moderating inflation and central bank policy adjustments creates a conducive environment for investors to consider growth companies with high insider ownership, which often signals confidence in the company's future from those who know it best.

Top 10 Growth Companies With High Insider Ownership In Canada

Name	Insider Ownership	Earnings Growth
Vox Royalty (TSX:VOXR)	12.6%	55.0%
goeasy (TSX:GSY)	21.5%	15.8%
Payfare (TSX:PAY)	14.8%	38.6%
Allied Gold (TSX:AAUC)	22.5%	68.3%
Ivanhoe Mines (TSX:IVN)	12.4%	67.2%
Alpha Cognition (CNSX:ACOG)	18%	66.5%
Aya Gold & Silver (TSX:AYA)	10.3%	68.5%
Artemis Gold (TSXV:ARTG)	31.4%	45.6%
Silver X Mining (TSXV:AGX)	14.1%	144.2%
Almonty Industries (TSX:AII)	17.7%	105%

Click here to see the full list of 28 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

Let's uncover some gems from our specialized screener.

Colliers International Group (TSX:CIGI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Colliers International Group Inc. is a global commercial real estate services and investment management firm, operating across the Americas, Europe, the Middle East, Africa, and Asia Pacific with a market capitalization of approximately CA$9.11 billion.

Operations: Colliers International Group's revenue is segmented as follows: CA$2.53 billion from the Americas, CA$616.58 million from the Asia Pacific, CA$489.23 million from Investment Management, and CA$730.10 million from Europe, Middle East & Africa (EMEA).

Insider Ownership: 14.2%

Earnings Growth Forecast: 38.3% p.a.

Colliers International Group, a firm with significant insider transactions, recently announced strategic expansions and partnerships, notably with SPGI Zurich AG to strengthen its EMEA presence. Despite not having substantial insider buying in the last three months and concerns about debt coverage by operating cash flow, Colliers is poised for growth. Its recent earnings report showed a robust recovery with significant year-over-year earnings growth. However, shareholder dilution over the past year and substantial insider selling pose challenges. Forecasted revenue and earnings growth are expected to outpace the Canadian market averages.

• Get an in-depth perspective on Colliers International Group's performance by reading our analyst estimates report here.
• Insights from our recent valuation report point to the potential overvaluation of Colliers International Group shares in the market.

goeasy (TSX:GSY)

Simply Wall St Growth Rating: ★★★★★☆

Overview: goeasy Ltd., operating under the easyhome, easyfinancial, and LendCare brands, offers non-prime leasing and lending services in Canada with a market capitalization of CA$3.29 billion.

Operations: The company generates revenue through its easyhome and easyfinancial segments, with CA$153.99 million from leasing services and CA$1.17 billion from lending services.

Insider Ownership: 21.5%

Earnings Growth Forecast: 15.8% p.a.

goeasy Ltd., a Canadian company with high insider ownership, recently increased its debt financing to CAD 275.8 million through senior unsecured notes, aiming to strengthen its financial position for corporate purposes including debt repayment. Despite concerns about debt coverage by operating cash flow, goeasy has shown robust earnings growth of 54.3% over the past year and is expected to continue outperforming with a revenue growth forecast of 32.6% annually. However, the sustainability of its dividend at a yield of 2.38% remains under scrutiny due to insufficient coverage by free cash flows.

• Take a closer look at goeasy's potential here in our earnings growth report.
• Our comprehensive valuation report raises the possibility that goeasy is priced lower than what may be justified by its financials.

Vitalhub (TSX:VHI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Vitalhub Corp. offers technology solutions for health and human service providers across Canada, the U.S., the U.K., Australia, Western Asia, and other international markets, with a market capitalization of approximately CA$364.11 million.

Operations: The company generates revenue primarily from its healthcare software segment, which amounted to CA$55.17 million.

Insider Ownership: 15.1%

Earnings Growth Forecast: 38.1% p.a.

Vitalhub, a Canadian growth company with high insider ownership, reported a substantial increase in both revenue and net income for Q1 2024, with revenues rising to CA$15.26 million from CA$12.6 million year-over-year, and net income improving significantly to CA$1.32 million from CA$0.162168 million. The company also announced strategic leadership changes aimed at enhancing operational efficiency and growth prospects, alongside a key partnership with Lumenus Community Services to deploy its TREAT system for improved data management and client outcomes.

• Click to explore a detailed breakdown of our findings in Vitalhub's earnings growth report.
• Our valuation report unveils the possibility Vitalhub's shares may be trading at a discount.

Next Steps

• Take a closer look at our Fast Growing TSX Companies With High Insider Ownership list of 28 companies by clicking here.
• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
• Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.

Ready To Venture Into Other Investment Styles?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.
• 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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