Top ASX Growth Companies With High Insider Ownership For September 2024

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The Australian market has been experiencing a dip, with the ASX200 expected to fall by 1.3% following weak sessions in the US and concerning jobs data pointing to an economic slowdown. Amid these uncertain times, investors often look for growth companies with high insider ownership, as this can be a sign of strong internal confidence and potential resilience in challenging market conditions.

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%

Catalyst Metals (ASX:CYL)

17.5%

61.8%

AVA Risk Group (ASX:AVA)

15.7%

118.8%

Acrux (ASX:ACR)

14.6%

91.6%

Hillgrove Resources (ASX:HGO)

10.4%

70.5%

Adveritas (ASX:AV1)

21.1%

144.2%

Liontown Resources (ASX:LTR)

16.4%

69.7%

Plenti Group (ASX:PLT)

12.8%

106.4%

Change Financial (ASX:CCA)

26.6%

102%

Click here to see the full list of 95 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

We're going to check out a few of the best picks from our screener tool.

Cettire

Simply Wall St Growth Rating: ★★★★★☆

Overview: Cettire Limited operates as an online retailer of luxury goods in Australia, the United States, and internationally, with a market cap of A$553.99 million.

Operations: Cettire generates A$742.26 million from its online retail sales of luxury goods.

Insider Ownership: 34.1%

Earnings Growth Forecast: 29.0% p.a.

Cettire Limited, a growth company with high insider ownership in Australia, reported significant revenue growth of A$742.26 million for the fiscal year ending June 30, 2024, up from A$416.23 million the previous year. Despite a decline in net income to A$10.47 million from A$15.97 million, insiders have been buying more shares than selling over the past three months. The company's earnings are expected to grow significantly at 29% per year, outpacing the Australian market's forecasted growth of 12.1%.

ASX:CTT Earnings and Revenue Growth as at Sep 2024
ASX:CTT Earnings and Revenue Growth as at Sep 2024

Catalyst Metals

Simply Wall St Growth Rating: ★★★★★★

Overview: Catalyst Metals Limited explores and evaluates mineral properties in Australia, with a market cap of A$489.95 million.

Operations: Catalyst Metals Limited generates revenue from its operations in Tasmania (A$75.08 million) and Western Australia (A$243.77 million).

Insider Ownership: 17.5%

Earnings Growth Forecast: 61.8% p.a.

Catalyst Metals has demonstrated strong growth, with earnings projected to increase by 61.8% annually, significantly outpacing the Australian market's 12.1%. The company reported sales of A$317.01 million for the year ending June 30, 2024, up from A$63.94 million a year ago, and turned a net income of A$23.56 million compared to a loss previously. Despite past shareholder dilution, Catalyst's substantial insider ownership aligns management interests with shareholders' growth prospects.