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ASX Growth Companies With Insider Ownership As High As 35%

The Australian stock market has shown positive momentum, rising 1.5% in the past week and achieving a 7.3% increase over the last year, with earnings expected to grow by 13% annually. In this buoyant environment, growth companies with high insider ownership can be particularly compelling, as they often signal strong confidence from those closest to the business.

Top 10 Growth Companies With High Insider Ownership In Australia

Name

Insider Ownership

Earnings Growth

Hartshead Resources (ASX:HHR)

13.9%

86.3%

Cettire (ASX:CTT)

28.7%

29.9%

Gratifii (ASX:GTI)

15.6%

112.4%

Acrux (ASX:ACR)

14.6%

115.3%

Doctor Care Anywhere Group (ASX:DOC)

28.4%

96.4%

Hillgrove Resources (ASX:HGO)

10.4%

45.4%

Alpha HPA (ASX:A4N)

28.3%

95.9%

Liontown Resources (ASX:LTR)

16.4%

64.3%

Argosy Minerals (ASX:AGY)

15.1%

129.6%

Chrysos (ASX:C79)

22.2%

57.5%

Click here to see the full list of 89 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

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We'll examine a selection from our screener results.

Generation Development Group

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Generation Development Group Limited, operating in Australia, specializes in managing and marketing life insurance and investment products to the retail sector, with a market capitalization of approximately A$427.17 million.

Operations: The company's revenue is primarily derived from Benefit Funds, which generated A$317.40 million, and Benefit Funds Management & Funds Administration, contributing A$32.42 million.

Insider Ownership: 35%

Generation Development Group, a company with significant insider ownership, has demonstrated a remarkable earnings increase, rising by 575.9% in the past year alone. Despite this surge, revenue is projected to decline sharply by an average of 72.5% annually over the next three years. However, earnings are expected to grow robustly at an annual rate of 32.9%, outpacing the broader Australian market's forecast growth rate of 13.5%. Additionally, the company's return on equity is anticipated to be high at 23% in three years' time.

ASX:GDG Ownership Breakdown as at May 2024
ASX:GDG Ownership Breakdown as at May 2024

IperionX

Simply Wall St Growth Rating: ★★★★★☆

Overview: IperionX Limited is a company focused on the exploration and development of mineral properties in the United States, with a market capitalization of approximately A$484.83 million.

Operations: The firm is primarily involved in the exploration and development of mineral properties in the United States.

Insider Ownership: 16.8%

IperionX, despite its limited revenue generation, is poised for substantial growth with expected revenue increases of 76.5% annually, outstripping the broader Australian market's average. The company is forecasted to achieve profitability within three years and shows a promising profit growth rate of 47.14% per year. Recent strategic partnerships in the U.S., focusing on advanced titanium products for various high-demand sectors, underscore its potential despite a current shortfall in financial reserves and low return on equity projections at 11.1%.

ASX:IPX Ownership Breakdown as at May 2024
ASX:IPX Ownership Breakdown as at May 2024

Mayne Pharma Group

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Mayne Pharma Group Limited is a specialty pharmaceutical company that manufactures and sells branded and generic pharmaceutical products globally, with a market capitalization of approximately A$573.72 million.

Operations: The company's revenue is generated from three primary segments: Dermatology (A$126.74 million), Women's Health (A$120.85 million), and International sales (A$71.69 million).

Insider Ownership: 10.4%

Mayne Pharma Group Limited, despite a significant net loss reported for the half year ended December 31, 2023, is forecasted to pivot towards profitability within the next three years. The company's revenue growth rate at 16.2% annually surpasses the Australian market average of 5%. This growth trajectory is supported by robust earnings projections with an expected annual increase of 110.2%. Recent leadership presentations in New York underscore their strategic focus amidst these financial shifts.

ASX:MYX Ownership Breakdown as at May 2024
ASX:MYX Ownership Breakdown as at May 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.

Companies discussed in this article include ASX:GDGASX:IPX and

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