ASX Growth Companies With High Insider Ownership In November 2024

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The Australian market has shown some volatility with the ASX200 slightly down at 8,385 points, amid global trade tensions sparked by President-elect Donald Trump's tariff announcements. In this fluctuating environment, growth companies with high insider ownership can be appealing as they often indicate strong confidence from those closely involved in the business.

Top 10 Growth Companies With High Insider Ownership In Australia

Name

Insider Ownership

Earnings Growth

SKS Technologies Group (ASX:SKS)

32.4%

24.8%

Catalyst Metals (ASX:CYL)

14.8%

33.1%

Acrux (ASX:ACR)

19.5%

91.6%

AVA Risk Group (ASX:AVA)

15.7%

77.3%

Newfield Resources (ASX:NWF)

29.0%

72.1%

Findi (ASX:FND)

34.8%

71.5%

Hillgrove Resources (ASX:HGO)

10.4%

66.5%

Pointerra (ASX:3DP)

20.8%

126.4%

Plenti Group (ASX:PLT)

12.8%

120.1%

Brightstar Resources (ASX:BTR)

16.2%

84.6%

Click here to see the full list of 93 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Here we highlight a subset of our preferred stocks from the screener.

Duratec

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Duratec Limited, along with its subsidiaries, provides assessment, protection, remediation, and refurbishment services for steel and concrete infrastructure assets in Australia, with a market cap of A$384.36 million.

Operations: Duratec's revenue is derived from several segments, including Energy (A$46.64 million), Defence (A$220.16 million), Buildings & Facades (A$111.33 million), and Mining & Industrial (A$155.64 million).

Insider Ownership: 31.3%

Duratec demonstrates potential as a growth company with high insider ownership in Australia. Its revenue is forecast to grow at 8.3% annually, surpassing the broader market's 5.7%. Earnings are projected to increase by 14.4% per year, outpacing the market average of 12.4%. Despite trading below estimated fair value, Duratec reported strong earnings and revenue growth for FY2024 and was recently added to the S&P Global BMI Index, reflecting its expanding market presence.

ASX:DUR Ownership Breakdown as at Nov 2024
ASX:DUR Ownership Breakdown as at Nov 2024

Develop Global

Simply Wall St Growth Rating: ★★★★★★

Overview: Develop Global Limited, with a market cap of A$534.71 million, is involved in the exploration and development of mineral resource properties in Australia through its subsidiaries.

Operations: The company's revenue is primarily generated from its Mining Services segment, amounting to A$147.23 million.

Insider Ownership: 20.4%

Develop Global exhibits strong growth potential with high insider ownership in Australia. The company’s revenue is forecast to grow at 56.7% annually, significantly outpacing the Australian market's 5.7%. Although shareholders experienced dilution due to a recent A$10 million equity offering, Develop Global's earnings are expected to grow by 95.42% per year and become profitable within three years, reflecting robust financial prospects despite a net loss of A$12.13 million for FY2024.