TSX Growth Companies With High Insider Ownership To Watch

Over the past year, the Canadian market has seen a steady increase of 10%, despite remaining flat over the last 7 days. In this context, growth companies with high insider ownership can be particularly compelling, as they often indicate confidence from those who know the company 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%
Magna Mining (TSXV:NICU)	10.6%	95.1%
Almonty Industries (TSX:AII)	17.7%	105%

Click here to see the full list of 29 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

Let's take a closer look at a couple of our picks from the screened companies.

Colliers International Group (TSX:CIGI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Colliers International Group Inc. operates globally, offering commercial real estate professional and investment management services, with a market capitalization of approximately CA$9.20 billion.

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

Insider Ownership: 14.2%

Return On Equity Forecast: N/A (2027 estimate)

Colliers International Group has demonstrated robust growth, with earnings rising by 119.8% over the past year and projected to grow by 38.34% annually. Despite trading at 51.5% below estimated fair value, concerns include substantial insider selling and shareholder dilution in the past year. Recent strategic moves include expanding its EMEA platform through a partnership with SPGI Zurich AG and assisting Diamondhead Casino Corporation in marketing a significant property development, highlighting its active role in high-stakes real estate ventures.

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

goeasy (TSX:GSY)

Simply Wall St Growth Rating: ★★★★★☆

Overview: goeasy Ltd. offers non-prime leasing and lending services through its easyhome, easyfinancial, and LendCare brands in Canada, with a market capitalization of approximately CA$3.37 billion.

Operations: The company generates CA$153.99 million from its easyhome segment and CA$1.17 billion from its easyfinancial division.

Insider Ownership: 21.5%

Return On Equity Forecast: 24% (2027 estimate)

goeasy Ltd., a Canadian firm with high insider ownership, recently increased its debt financing to CAD 275.8 million through senior unsecured notes, aiming for general corporate uses including debt repayment. Despite a robust forecast of 32.6% annual revenue growth and a high return on equity at 24.2%, concerns linger over the sustainability of its dividend and debt coverage by operating cash flow. Insider activity shows no substantial buying in recent months, contrasting with significant earnings growth of 15.77% per year expected, outpacing the market average.

• Delve into the full analysis future growth report here for a deeper understanding of goeasy.
• 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 US, the UK, Australia, Western Asia, and other international markets, with a market capitalization of approximately CA$367.16 million.

Operations: The company generates CA$55.17 million from its healthcare software segment.

Insider Ownership: 15.1%

Return On Equity Forecast: N/A (2027 estimate)

Vitalhub, a Canadian growth company with high insider ownership, recently partnered with Lumenus Community Services to deploy its TREAT system, enhancing data management and client outcomes. Despite shareholder dilution over the past year and significant one-off items impacting earnings, Vitalhub reported a substantial increase in Q1 revenue to CA$15.26 million from CA$12.6 million year-over-year, with net income rising to CA$1.32 million. Earnings are projected to grow 38.1% annually, outpacing the market forecast of 14.9%.

• Click here to discover the nuances of Vitalhub with our detailed analytical future growth report.
• Our expertly prepared valuation report Vitalhub implies its share price may be lower than expected.

Seize The Opportunity

• Dive into all 29 of the Fast Growing TSX Companies With High Insider Ownership we have identified here.
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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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