Ann: FY 2017 Results Presentation, page-38

https://**.st/stocks/au/materials/a...s-shares/news/top-asx-growth-stocks-to-buy-5/

Top ASX Growth Stocks To Buy

Michael Canly  March 23, 2018
Galaxy Resources is one of many stocks the market is bullish on. Its expected double-digit top-line and bottom-line growth exceeds its peers, and its financially stable position lessens the chances of risk. If your holdings could benefit from diversification towards growth stocks, whether it be in reputable tech stocks or green small-caps, take a look at my list of stocks with a bright future ahead.
Galaxy Resources Limited (ASX:GXY)

Galaxy Resources Limited, a lithium-focused resources company, explores and produces lithium carbonate mineral properties. Galaxy Resources is run by CEO Anthony Tse. With the stock’s market cap sitting at AUD A$1.38B, it comes under the small-cap category
GXY is expected to deliver a buoyant earnings growth over the next couple of years of 27.87%, bolstered by an equally impressive revenue growth. 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. We see this bottom-line expansion directly benefiting shareholders, with expected positive return on equity of 12.95%. GXY ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Should you add GXY to your portfolio? Take a look at its other fundamentals here.

​