3 ASX Growth Companies With High Insider Ownership And Up To 45% Earnings Growth
The ASX200 is set to trade slightly higher today, with futures up just 0.08% near 8:30 am AEST, reflecting a cautious optimism amidst global market volatility. In such an environment, identifying growth companies with high insider ownership can be particularly compelling, as it often indicates strong confidence from those closest to the business's operations and future prospects.
Top 10 Growth Companies With High Insider Ownership In Australia
Name | Insider Ownership | Earnings Growth |
Hartshead Resources (ASX:HHR) | 13.9% | 102.6% |
Clinuvel Pharmaceuticals (ASX:CUV) | 13.6% | 27.4% |
AVA Risk Group (ASX:AVA) | 15.5% | 118.8% |
Liontown Resources (ASX:LTR) | 16.4% | 69.7% |
Catalyst Metals (ASX:CYL) | 17.5% | 73.8% |
Hillgrove Resources (ASX:HGO) | 10.4% | 69.2% |
Acrux (ASX:ACR) | 14.6% | 91.6% |
Adveritas (ASX:AV1) | 21.1% | 144.2% |
Plenti Group (ASX:PLT) | 12.8% | 106.4% |
Change Financial (ASX:CCA) | 26.6% | 102% |
Let's uncover some gems from our specialized screener.
Cromwell Property Group
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Cromwell Property Group (ASX:CMW) is a real estate investor and fund manager with operations on three continents and a global investor base, boasting a market cap of A$1.06 billion.
Operations: Cromwell Property Group generates revenue from three primary segments: Co-Investments (A$127.50 million), Investment Portfolio (A$194.30 million), and Funds and Asset Management (A$94.90 million).
Insider Ownership: 14.0%
Earnings Growth Forecast: 45.9% p.a.
Cromwell Property Group is forecast to achieve above-average market profit growth, becoming profitable within three years. However, its Return on Equity is projected to be low at 5.2%, and earnings are insufficient to cover interest payments or sustain its 7.41% dividend yield. Recent financial results show a net loss of A$531.6 million for the year ended June 2024, with revenue declining from A$229.1 million to A$219.7 million year-over-year.
Flight Centre Travel Group
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Flight Centre Travel Group Limited offers travel retailing services for leisure and corporate clients across various regions including Australia, New Zealand, the Americas, Europe, the Middle East, Africa, Asia and internationally; it has a market cap of approximately A$4.64 billion.
Operations: The company's revenue segments include A$1.35 billion from leisure travel services and A$1.11 billion from corporate travel services.
Insider Ownership: 13.5%
Earnings Growth Forecast: 19.7% p.a.
Flight Centre Travel Group's earnings are forecast to grow at 19.72% annually, outpacing the Australian market's 12.2%. The company reported a significant net income increase to A$139 million for the year ended June 2024, up from A$47 million. Despite an unstable dividend track record, it declared a fully franked dividend of A$0.30 per share. With plans for acquisitions and leveraging existing brands like Cruiseabout, Flight Centre aims to enhance its growth trajectory further.
Qualitas
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Qualitas (ASX:QAL) is a real estate investment firm specializing in direct investments across various real estate classes and geographies, distressed debt acquisitions and restructuring, third-party capital raisings, and consulting services, with a market cap of A$679.19 million.
Operations: Revenue segments for the firm include Direct Lending at A$26.79 million and Funds Management at A$13.61 million.
Insider Ownership: 27.1%
Earnings Growth Forecast: 22.4% p.a.
Qualitas Limited's earnings are forecast to grow 22.44% annually, significantly outpacing the Australian market's 12.2%. The company reported revenue of A$84.02 million and net income of A$26.18 million for the year ended June 2024, reflecting strong financial performance. Despite an unstable dividend track record, a fully franked dividend of 5.75 cents per share was declared recently. However, its Return on Equity is forecast to be low at 11.5% in three years' time.
Dive into the specifics of Qualitas here with our thorough growth forecast report.
Our expertly prepared valuation report Qualitas implies its share price may be too high.
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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.
Companies discussed in this article include ASX:CMW ASX:FLT and ASX:QAL.
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