High-growth stocks that are financially stable are attractive for many reasons. They provide a strong upside to your portfolio, with less likelihood of downside risks compared to less financially robust companies. Below I’ve put together a list of great potential investments for you to consider adding to your portfolio if growth is a dimension you would like to firm up.

RedHill Education Limited (ASX:RDH)

RedHill Education Limited engages in the various education businesses in Australia. Founded in 2006, and now run by Glenn Elith, the company currently employs 144 people and with the company’s market cap sitting at AUD A$71.72M, it falls under the small-cap stocks category.

Extreme optimism for RDH, as market analysts projected an outstanding earnings growth rate of 52.76% for the stock, supported by an equally strong sales growth of 50.96%. An affirming signal is when net income increase is supported by top-line growth. Since net income isn’t artificially inflated by one-off initiatives such as cost-cutting, we know this profit growth is more likely to be sustainable. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a high double-digit return on equity of 27.70%. RDH ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Thinking of investing in RDH? Check out its fundamental factors here.

MNF Group Limited (ASX:MNF)

MNF Group Limited provides voice, data, and cloud based communication and communication enablement services to residential, business, government, and wholesale customers in Australia and internationally. The company was established in 2004 and with the company’s market cap sitting at AUD A$399.24M, it falls under the small-cap stocks category.

MNF is expected to deliver an extremely high earnings growth over the next couple of years of 26.69%, driven by a positive double-digit revenue growth of 33.04% and cost-cutting initiatives. It appears that MNF’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. We see this bottom-line expansion directly benefiting shareholders, with expected return on equity coming in at a notable 25.80%. MNF’s bullish prospects on both the top and bottom lines make it an interesting stock to invest more time to understand how it can add value to your portfolio. Want to know more about MNF? Take a look at its other fundamentals here.

Millennium Minerals Limited (ASX:MOY)

Millennium Minerals Limited explores for, develops, mines, and processes gold properties in Australia. Millennium Minerals is run by CEO Peter Cash. With a current market cap of AUD A$189.12M, we can put MOY in the small-cap group

Could this stock be your next pick? Have a browse through its key fundamentals here.

For more financially robust companies with high growth potential to enhance your portfolio, use our free platform to explore our interactive list of these stocks.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.