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Amidst the fluctuating Australian market, as evidenced by recent movements in the ASX200 following the Reserve Bank of Australia's latest minutes, investors continue to navigate through varying economic signals. In such a landscape, growth companies with high insider ownership can offer an intriguing opportunity for those looking to align with management's vested interests in their company’s success. In today's uncertain market environment, stocks with significant insider stakes might be particularly compelling as they suggest confidence from those who know the company best.
Top 10 Growth Companies With High Insider Ownership In Australia
Name | Insider Ownership | Earnings Growth |
Hartshead Resources (ASX:HHR) | 13.9% | 86.3% |
Cettire (ASX:CTT) | 28.7% | 26.7% |
Acrux (ASX:ACR) | 14.6% | 115.3% |
Plenti Group (ASX:PLT) | 12.8% | 106.4% |
Change Financial (ASX:CCA) | 26.6% | 76.4% |
Hillgrove Resources (ASX:HGO) | 10.4% | 45.4% |
Biome Australia (ASX:BIO) | 34.5% | 114.4% |
Liontown Resources (ASX:LTR) | 16.4% | 52.2% |
CardieX (ASX:CDX) | 12.2% | 115.3% |
Argosy Minerals (ASX:AGY) | 14.5% | 129.6% |
Let's explore several standout options from the results in the screener.
Cettire
Simply Wall St Growth Rating: ★★★★★★
Overview: Cettire Limited operates as an online retailer of luxury goods, serving customers in Australia, the United States, and other international markets, with a market capitalization of approximately A$517.05 million.
Operations: The company generates its revenue primarily through online retail sales, totaling approximately A$582.79 million.
Insider Ownership: 28.7%
Revenue Growth Forecast: 23.6% p.a.
Cettire, an Australian growth company with high insider ownership, recently presented at the Bell Potter Emerging Leaders Conference. The company became profitable this year and is trading at A$73.3% below the estimated fair value. Despite a highly volatile share price in recent months, Cettire's earnings are expected to grow by 26.7% per year, outpacing the Australian market's 13%. Revenue growth is also projected to exceed market averages significantly at 23.6% annually.
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Click to explore a detailed breakdown of our findings in Cettire's earnings growth report.
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The valuation report we've compiled suggests that Cettire's current price could be quite moderate.
IPD Group
Simply Wall St Growth Rating: ★★★★★☆
Overview: IPD Group Limited, operating in Australia, specializes in the distribution of electrical equipment and has a market capitalization of approximately A$485.89 million.
Operations: The company generates revenue through its Products Division, which brought in A$215.98 million, and its Services Division, which contributed A$20.79 million.