Want to add more growth to your portfolio but not sure where to look? Companies such as MNF Group and Pantoro are deemed high-growth by the market, with a positive outlook in all areas – returns, profitability and cash flows. If a buoyant growth prospect is what you’re after in your next investment, I’ve put together a list of high-growth stocks you may be interested in, based on the latest financial data from each company.
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. MNF Group was formed in 2004 and has a market cap of AUD A$397.78M, putting it in the small-cap group.
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 33.23% and cost-cutting initiatives. Profit growth, coupled with top-line expansion, is a positive indication. This is because net income isn’t artificially inflated by unsustainable activities such as one-off cost-reductions expected in the future. 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. Could this stock be your next pick? Check out its fundamental factors here.
Pantoro Limited (ASX:PNR)
Pantoro Limited engages in the exploration of mineral properties. Pantoro is headed by CEO Paul Cmrlec. With the stock’s market cap sitting at AUD A$283.31M, it comes under the small-cap stocks category
PNR is expected to deliver a buoyant earnings growth over the next couple of years of 24.93%, bolstered by an equally impressive revenue growth of 71.55%. 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 24.98%. PNR ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Interested to learn more about PNR? I recommend researching its fundamentals here.