3 Top ASX Growth Companies With High Insider Ownership
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As the ASX200 is poised for a slight dip and gold prices reach new highs, investors are keenly observing market movements and seeking opportunities in resilient sectors. In this context, growth companies with high insider ownership can offer compelling investment prospects due to their potential for robust performance and aligned interests between management and shareholders.
Top 10 Growth Companies With High Insider Ownership In Australia
| Name | Insider Ownership | Earnings Growth |
| Hartshead Resources (ASX:HHR) | 13.9% | 102.6% |
| Cettire (ASX:CTT) | 28.7% | 26.7% |
| Acrux (ASX:ACR) | 14.6% | 115.6% |
| Clinuvel Pharmaceuticals (ASX:CUV) | 13.6% | 26.8% |
| Liontown Resources (ASX:LTR) | 16.4% | 69.7% |
| Catalyst Metals (ASX:CYL) | 17.5% | 75.7% |
| Hillgrove Resources (ASX:HGO) | 10.4% | 49.4% |
| Adveritas (ASX:AV1) | 21.1% | 103.9% |
| Plenti Group (ASX:PLT) | 12.8% | 106.4% |
| Change Financial (ASX:CCA) | 26.6% | 77.9% |
Let's uncover some gems from our specialized screener.
Emerald Resources
Simply Wall St Growth Rating: ★★★★★☆
Overview: Emerald Resources NL is involved in the exploration and development of mineral reserves in Cambodia and Australia, with a market cap of A$2.51 billion.
Operations: Emerald Resources generates A$339.32 million from mine operations.
Insider Ownership: 18.4%
Emerald Resources, a growth company with high insider ownership, is forecast to achieve significant annual earnings growth of 20.1% over the next three years, surpassing the Australian market's 13%. Despite trading at 58.6% below its estimated fair value and having substantial past earnings growth of 53.4%, shareholders experienced dilution last year. Revenue is expected to grow by 18.5% annually, faster than the market's 5.3%. Recent events include presentations at key mining forums in Australia by MD Morgan Cain Hart.
Technology One
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Technology One Limited develops, markets, sells, implements, and supports integrated enterprise business software solutions in Australia and internationally with a market cap of A$7.31 billion.
Operations: The company's revenue segments are comprised of Software (A$317.24 million), Corporate (A$83.83 million), and Consulting (A$68.13 million).
Insider Ownership: 12.3%
Technology One, with high insider ownership, is expected to grow its earnings by 14.8% annually, outpacing the Australian market's 13%. Recent half-year results showed revenue of A$240.83 million and net income of A$48 million. The company appointed Paul Robson as an independent Non-Executive Director to leverage his extensive SaaS experience for strategic growth. Revenue growth is forecast at 11.5% per year, higher than the market's 5.3%.