ASX growth shares can be some of the most exciting investments to own because of the revenue and profit growth they generate.
Businesses that are rapidly expanding give themselves a good chance of rising profit margins due to scale benefits. History tends to show that the businesses that grow the most tend to deliver large returns for shareholders.
I think the below ideas could deliver a lot of growth in the coming years.
Breville Group Ltd (ASX: BRG)
Breville is known for its kitchen appliances, particularly coffee machines.
It has done an excellent job at growing its global presence and further diversification is one of the main reasons why I’m excited by the business.
Breville has entered China, with both a physical presence and on digital stores like Tmall and JD. It’s also expanding in South Korea. I believe Asia is a very promising region for Breville, as coffee culture continues to grow there.
US tariffs may have caused some concern for/about the company, but by the end of the first half of FY26, non-Chinese production is expected to represent approximately 80% of US gross profit dollars. This will continue into FY27.
Breville demonstrated the operating leverage it has in FY25 with revenue growth of 10.9%, net profit after tax (NPAT) growth of 14.6% and a 12.1% rise of the dividend per share.
In five years, I believe the ASX growth share will be making much more net profit, leading to a higher Breville share price.
Gentrack Global Ltd (ASX: GTK)
Gentrack is a software business that serves utilities companies and airports with operating software.
The Gentrack share price is 25% lower than where it was in July 2025, making it look much cheaper, yet it’s the same business as it was then aside from one Australian customer informing the company it’s no longer part of a process replacing their current platform.
Gentrack said the financial impact of that customer loss did not warrant disclosure and, more importantly, it remains confident of delivering its medium-term guidance of growing revenue at a compound annual growth rate (CAGR) of 15%. Therefore, I’d keep track of whether the company loses market share.
If a business grows revenue at 15% per year, it will double in size after five years. It would be too optimistic to expect that Gentrack will keep all of its customers every single year, but it also has a track record of winning utility and airport customers over the years.
The FY25 half-year result saw key numbers go in the right direction for the ASX growth share – revenue rose 9.8%, EBITDA (EBITDA explained) climbed 5.1%, statutory net profit rose 34.7% and the cash balance improved $31.4 million to $70.7 million.
As the world becomes more technological, I think there will be more demand for Gentrack’s offering across utilities and airport businesses. It’s imperative the business continues investing to improve its software for customers.
