TSX Growth Companies With High Insider Ownership
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Over the last 7 days, the Canadian market has dropped 1.1%, but it is up 12% over the past year with earnings forecasted to grow by 15% annually. In this context, growth companies with high insider ownership can be particularly attractive as they often indicate confidence from those closest to the business and potential alignment with shareholder interests.
Top 10 Growth Companies With High Insider Ownership In Canada
| Name | Insider Ownership | Earnings Growth |
| Vox Royalty (TSX:VOXR) | 12.6% | 70.7% |
| Allied Gold (TSX:AAUC) | 22.5% | 73.6% |
| Almonty Industries (TSX:AII) | 17.7% | 117.6% |
| goeasy (TSX:GSY) | 21.3% | 17.1% |
| Alvopetro Energy (TSXV:ALV) | 19.4% | 72.4% |
| Propel Holdings (TSX:PRL) | 40% | 37.2% |
| Payfare (TSX:PAY) | 14.7% | 24.7% |
| Medicenna Therapeutics (TSX:MDNA) | 15.4% | 57.2% |
| Alpha Cognition (CNSX:ACOG) | 17.9% | 69.5% |
| ROK Resources (TSXV:ROK) | 16.6% | 161.8% |
Underneath we present a selection of stocks filtered out by our screen.
Curaleaf Holdings
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Curaleaf Holdings, Inc. is a cannabis operator in the United States with a market cap of CA$2.90 billion.
Operations: Curaleaf Holdings generates $1.36 billion from the cultivation, production, distribution, and sale of cannabis.
Insider Ownership: 19.9%
Curaleaf Holdings is expected to become profitable within three years, with earnings forecasted to grow at 78.22% annually. Despite trading significantly below its estimated fair value, Curaleaf's revenue growth of 13% per year surpasses the Canadian market average of 6.9%. However, shareholders have faced dilution over the past year. Recent expansions include new dispensaries in Florida and Ohio, alongside a strategic CEO transition and continued product diversification into hemp-derived THC markets.
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Dive into the specifics of Curaleaf Holdings here with our thorough growth forecast report.
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Our valuation report here indicates Curaleaf Holdings may be undervalued.
Savaria
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Savaria Corporation offers accessibility solutions for the elderly and physically challenged across Canada, the United States, Europe, and internationally, with a market cap of CA$1.42 billion.
Operations: The company's revenue segments include CA$183.98 million from Patient Care and CA$673.74 million from Segment Adjustment.
Insider Ownership: 19.6%
Savaria Corporation, a growth company with high insider ownership, reported strong financial results for Q2 2024, with sales rising to C$221.34 million and net income increasing to C$10.96 million. Earnings per share grew from C$0.14 to C$0.15 year-over-year. Despite modest insider trading activity, the stock is trading significantly below its estimated fair value and offers a reliable dividend of 4.33 cents per share monthly, reflecting steady revenue and profit growth forecasts above the Canadian market average.