Stock Analysis

### 3 Swedish Insider-Owned Growth Companies With 19% Revenue Growth

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As global markets continue to navigate a mixed economic landscape, Sweden's market has shown resilience, with particular attention on growth companies boasting significant insider ownership. In this context, identifying stocks with robust revenue growth and strong insider investment can be key indicators of potential stability and future performance.

Top 10 Growth Companies With High Insider Ownership In Sweden

NameInsider OwnershipEarnings Growth
CTT Systems (OM:CTT)16.9%24.8%
Magle Chemoswed Holding (OM:MAGLE)14.9%72.2%
Biovica International (OM:BIOVIC B)18.7%73.8%
InCoax Networks (OM:INCOAX)18.1%104.9%
BioArctic (OM:BIOA B)34%103.4%
KebNi (OM:KEBNI B)37.8%90.4%
Yubico (OM:YUBICO)37.5%43.8%
Calliditas Therapeutics (OM:CALTX)11.6%52.9%
SaveLend Group (OM:YIELD)23.3%103.4%
edyoutec (NGM:EDYOU)14.6%63.1%

Click here to see the full list of 90 stocks from our Fast Growing Swedish Companies With High Insider Ownership screener.

We're going to check out a few of the best picks from our screener tool.

EQT (OM:EQT)

Simply Wall St Growth Rating: ★★★★★☆

Overview: EQT AB (publ) is a global private equity firm specializing in private capital and real asset segments with a market cap of SEK410.34 billion.

Operations: EQT AB (publ) generates revenue from its Central segment (€37.20 million), Real Assets segment (€878.70 million), and Private Capital segment (€1.28 billion).

Insider Ownership: 31%

Revenue Growth Forecast: 17.9% p.a.

EQT AB, a prominent growth company with high insider ownership in Sweden, has seen its earnings grow by 384.2% over the past year and is forecast to continue growing faster than the Swedish market. Recent developments include a share repurchase program and significant M&A activities, such as potential buyouts of Lighthouse Learnings and BSV Group. Despite large one-off items impacting results, EQT's earnings quality remains strong with substantial insider buying observed recently.

OM:EQT Earnings and Revenue Growth as at Aug 2024

Fortnox (OM:FNOX)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Fortnox AB (publ) offers financial and administrative software solutions for small and medium-sized businesses, accounting firms, and organizations, with a market cap of SEK40.28 billion.

Operations: Fortnox generates revenue from several segments, including Businesses (SEK378 million), Marketplaces (SEK160 million), Core Products (SEK734 million), Accounting Firms (SEK352 million), and Financial Services (SEK249 million).

Insider Ownership: 21%

Revenue Growth Forecast: 19.8% p.a.

Fortnox AB has demonstrated robust growth, with second-quarter sales rising to SEK 515 million from SEK 404 million a year ago and net income increasing to SEK 164 million from SEK 127 million. Forecasts indicate earnings will grow significantly at an annual rate of 22.6%, outpacing the Swedish market. Despite some insider selling, more shares were bought than sold in the past three months, reflecting confidence in future performance.

OM:FNOX Ownership Breakdown as at Aug 2024

HMS Networks (OM:HMS)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: HMS Networks AB (publ) provides products that enable industrial equipment to communicate and share information globally, with a market cap of SEK20.54 billion.

Operations: HMS Networks AB (publ) generates revenue primarily from its Wireless Communications Equipment segment, which accounted for SEK3.01 billion.

Insider Ownership: 12.6%

Revenue Growth Forecast: 12.2% p.a.

HMS Networks has shown mixed financial performance, with second-quarter sales increasing to SEK 845 million from SEK 703 million a year ago, but net income dropping to SEK 34 million from SEK 116 million. Insider transactions have been positive, with more shares bought than sold recently. Earnings are forecasted to grow significantly at an annual rate of 26.3%, surpassing the Swedish market's growth rate of 15.5%. However, profit margins have declined and shareholders experienced dilution over the past year.

OM:HMS Earnings and Revenue Growth 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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