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As the ASX200 experiences a slight downturn, influenced by shifts in consumer discretionary stocks and banking shares, investors are closely monitoring sectors like Utilities and Materials, which have shown resilience. In this fluctuating market environment, growth companies with high insider ownership often capture attention as they can indicate confidence from those closest to the business's operations and prospects.
Top 10 Growth Companies With High Insider Ownership In Australia
| Name | Insider Ownership | Earnings Growth |
| Clinuvel Pharmaceuticals (ASX:CUV) | 10.4% | 26.2% |
| SKS Technologies Group (ASX:SKS) | 29.7% | 24.8% |
| Medallion Metals (ASX:MM8) | 13.8% | 67.5% |
| Acrux (ASX:ACR) | 15.5% | 91.8% |
| IperionX (ASX:IPX) | 18.6% | 67% |
| Newfield Resources (ASX:NWF) | 31.5% | 72.1% |
| AVA Risk Group (ASX:AVA) | 15.8% | 77.3% |
| Pointerra (ASX:3DP) | 23.8% | 126.4% |
| Plenti Group (ASX:PLT) | 12.7% | 120.1% |
| Findi (ASX:FND) | 35.8% | 133.7% |
Let's uncover some gems from our specialized screener.
Accent Group
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Accent Group Limited operates in the retail, distribution, and franchise sectors for lifestyle footwear, apparel, and accessories across Australia and New Zealand with a market cap of A$1.19 billion.
Operations: The company's revenue is primarily derived from its retail segment, which generated A$1.27 billion, and its wholesale segment, contributing A$463.20 million.
Insider Ownership: 14.8%
Accent Group demonstrates growth potential with insider ownership, despite challenges. Recent earnings show a sales increase to A$775.96 million and net income rise to A$47.18 million, indicating steady performance. However, profit margins have decreased from 6.2% to 4.1%. Revenue growth is projected at 5.8% annually, slightly above the market average of 5.7%. The company trades significantly below estimated fair value and anticipates a strong return on equity of 23.7% in three years.
Chrysos
Simply Wall St Growth Rating: ★★★★★☆
Overview: Chrysos Corporation Limited develops and supplies mining technology, with a market cap of A$576.11 million.
Operations: The company generates revenue primarily from its Mining Services segment, which amounts to A$45.36 million.
Insider Ownership: 20.1%
Chrysos shows strong growth potential with high insider ownership. Revenue is forecast to grow at 28.2% annually, significantly outpacing the Australian market's 6% growth rate. The company is expected to become profitable within three years, marking above-average market profit growth. Analysts agree on a potential stock price increase of 29%. Recent earnings calls indicate proactive financial communication, although no substantial insider trading activity was noted in the past three months.