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The Australian market is bracing for a 1.24% slide in the ASX200 today, influenced by weak manufacturing data from both China and the US, which triggered a significant drop in semiconductor stocks and other indices. Amidst this volatility, identifying growth companies with substantial insider ownership can be crucial as it often signals 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% | 102.6% |
Clinuvel Pharmaceuticals (ASX:CUV) | 13.6% | 27.4% |
Emerald Resources (ASX:EMR) | 18.4% | 30.1% |
Catalyst Metals (ASX:CYL) | 17.5% | 61.8% |
AVA Risk Group (ASX:AVA) | 15.5% | 118.8% |
Acrux (ASX:ACR) | 14.6% | 129.6% |
Liontown Resources (ASX:LTR) | 16.4% | 69.7% |
Hillgrove Resources (ASX:HGO) | 10.4% | 69.2% |
Adveritas (ASX:AV1) | 21.1% | 144.2% |
Plenti Group (ASX:PLT) | 12.8% | 106.4% |
Let's dive into some prime choices out of the screener.
Flight Centre Travel Group
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Flight Centre Travel Group Limited (ASX:FLT) offers travel retailing services for both leisure and corporate sectors across multiple regions globally, with a market cap of A$4.74 billion.
Operations: Flight Centre Travel Group Limited generates revenue primarily from its leisure travel segment at A$1.35 billion and corporate travel services at A$1.11 billion.
Insider Ownership: 13.5%
Flight Centre Travel Group has demonstrated robust growth, with earnings increasing from A$47 million to A$139 million year-over-year. The company is actively seeking acquisitions and investments to double its Cruise & Touring sales. Forecasts indicate annual profit growth of 19.7%, outpacing the Australian market's 12.1%. Despite trading below estimated fair value and having an unstable dividend track record, its strong cash position supports ongoing organic growth and M&A opportunities.
IperionX
Simply Wall St Growth Rating: ★★★★★☆
Overview: IperionX Limited focuses on the exploration and development of mineral properties in the United States, with a market cap of A$694.18 million.
Operations: IperionX Limited's revenue segments are currently not disclosed.
Insider Ownership: 16.8%
IperionX is a growth company with high insider ownership, showing substantial revenue growth forecasts of 73.5% per year, outpacing the Australian market. The company has seen significant insider buying recently and is expected to become profitable within three years. Recent milestones include the successful commissioning of their HAMR furnace, boosting titanium production capacity by over 60 times and achieving superior quality standards. However, shareholders experienced dilution in the past year.