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Amidst a mixed performance in the Australian market, with the ASX slightly down and most sectors seeing declines, investor focus may benefit from considering growth companies with significant insider ownership. Such firms often demonstrate a commitment to long-term success, which could be particularly appealing in the current environment where strategic stability is valued.
Top 10 Growth Companies With High Insider Ownership In Australia
| Name | Insider Ownership | Earnings Growth |
| Cettire (ASX:CTT) | 28.7% | 26.7% |
| Clinuvel Pharmaceuticals (ASX:CUV) | 13.6% | 26.7% |
| Acrux (ASX:ACR) | 14.6% | 115.3% |
| Biome Australia (ASX:BIO) | 34.5% | 114.4% |
| Liontown Resources (ASX:LTR) | 16.4% | 58.9% |
| Ora Banda Mining (ASX:OBM) | 10.2% | 94.3% |
| Plenti Group (ASX:PLT) | 12.8% | 106.4% |
| Change Financial (ASX:CCA) | 26.6% | 76.4% |
| Hillgrove Resources (ASX:HGO) | 10.4% | 45.4% |
| Chrysos (ASX:C79) | 21.3% | 63.5% |
Underneath we present a selection of stocks filtered out by our screen.
Develop Global
Simply Wall St Growth Rating: ★★★★★☆
Overview: Develop Global Limited, operating in Australia, focuses on the exploration and development of mineral resources with a market capitalization of approximately A$557.40 million.
Operations: The company generates revenue primarily through its Mining Services segment, which produced A$109.75 million.
Insider Ownership: 22.6%
Develop Global, an Australian company, is anticipated to see significant growth with earnings expected to increase and revenue projected to grow at 54.2% annually, outpacing the market's 5.3%. Despite these prospects, there are concerns: shareholder dilution occurred last year and the company has less than a year of cash runway. Additionally, while it's set to become profitable within three years, its forecasted Return on Equity is relatively low at 12.5%.
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Dive into the specifics of Develop Global here with our thorough growth forecast report.
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Our expertly prepared valuation report Develop Global implies its share price may be too high.
Mineral Resources
Simply Wall St Growth Rating: ★★★★★☆
Overview: Mineral Resources Limited is a diversified mining services company operating in Australia, Asia, and internationally, with a market capitalization of approximately A$11.02 billion.
Operations: The company generates revenue from lithium (A$1.60 billion), iron ore (A$2.50 billion), and mining services (A$2.82 billion).
Insider Ownership: 11.6%
Mineral Resources, trading 40.8% below its fair value, shows promise with expected significant earnings growth of 27.16% annually over the next three years and revenue forecast to increase by 12.1% each year, surpassing Australia's market growth rate of 5.3%. However, challenges include lower profit margins compared to last year and earnings that barely cover interest payments. Insider ownership remains high but without recent buying or selling activity reported in the past three months.