Top ASX Growth Companies With High Insider Ownership September 2024

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In the last week, the Australian market has been flat, though it is up 10% over the past year with earnings forecast to grow by 12% annually. In this context, identifying growth companies with high insider ownership can be particularly appealing as it often indicates strong confidence from those closest to the business.

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)

15.5%

118.8%

Acrux (ASX:ACR)

14.6%

129.6%

Liontown Resources (ASX:LTR)

16.4%

69.7%

Hillgrove Resources (ASX:HGO)

10.4%

69.2%

Adveritas (ASX:AV1)

21.1%

144.2%

Plenti Group (ASX:PLT)

12.8%

106.4%

Change Financial (ASX:CCA)

26.6%

77.1%

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

Below we spotlight a couple of our favorites from our exclusive screener.

Flight Centre Travel Group

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Flight Centre Travel Group Limited (ASX:FLT) provides travel retailing services for both leisure and corporate sectors across various regions globally, with a market cap of A$4.74 billion.

Operations: Flight Centre Travel Group Limited generates revenue primarily from its leisure segment (A$1.35 billion) and corporate segment (A$1.11 billion).

Insider Ownership: 13.5%

Flight Centre Travel Group demonstrates solid growth potential with high insider ownership. Its earnings are forecast to grow at 19.7% annually, outpacing the Australian market's 12.1%. Recent results show a significant increase in net income from A$47 million to A$139 million year-on-year. The company is actively seeking acquisitions to double its Cruise & Touring sales, leveraging strong cash reserves and existing brands delivering over 25% growth in this segment annually.

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

IperionX

Simply Wall St Growth Rating: ★★★★★☆

Overview: IperionX Limited focuses on the exploration and development of mineral properties in the United States, with a market cap of A$694.18 million.

Operations: IperionX Limited generates its revenue from the exploration and development of mineral properties in the United States.

Insider Ownership: 16.8%

IperionX showcases significant growth potential with high insider ownership. The company recently achieved a major milestone by commissioning its HAMRTM furnace, boosting titanium production capacity substantially. IperionX's revenue is forecast to grow at 73.5% annually, outpacing the Australian market's 5.2%. Insiders have been buying more shares in the past three months, indicating confidence in future prospects. Additionally, IperionX is expected to become profitable within three years and has partnered with Aperam Recycling for sustainable titanium solutions.