There are some ASX growth shares that have a very exciting outlook with how they could significantly grow their earnings.
It can be difficult to predict with confidence whether a company's earnings will be higher or not in the next two or five years.
But there are some investments that I'm very optimistic about for their long-term future. Let's get into two of them that could have exceptional futures.
Betashares Global Cybersecurity ETF (ASX: HACK)
BetaShares says that with cybercrime on the rise, the demand for cybersecurity services is expected to grow strongly for the foreseeable future.
According to Fortune Business Insights, the global cybersecurity market size was valued at US$172.2 billion in 2023. It's projected to grow from US$193.7 billion in 2024 and reach US$562.7 billion by 2032, delivering a compound annual growth rate (CAGR) of 14.3% during that period.
The US cybersecurity market is expected to significantly grow, reaching an estimated value of US$166.7 billion in 2032, driven by a rising number of e-commerce platforms in the market.
Fortune Business Insights explained that the increasing adoption of enterprise security solutions in manufacturing, banking, financial services, insurance, and healthcare is expected to help drive market growth.
I think there's a very promising backdrop with this investment. I'm calling this an ASX growth share because we can buy it on the ASX.
There are around 30 positions in the portfolio, including Broadcom, Crowdstrike, Palo Alto Networks, Cisco Systems, Infosys, Zscaler, Thales, and Cloudflare.
While past performance is not a guarantee of future performance, the HACK ETF has delivered an average return per year of 18% over the five years to May 2025. I think it can continue to do well.
Guzman Y Gomez Ltd (ASX: GYG)
GYG is a Mexican restaurant business with more than 200 locations across Australia.
The business aims to reach 1,000 Guzman Y Gomez restaurants over the ultra-long term, which is roughly how many McDonald's there are/were in the country when GYG announced that goal.
The ASX growth share is increasing profits thanks to both its network expansion and good sales growth from its existing restaurants. In the FY25 third quarter, it said total network sales had grown by 23.6% to $289.5 million, with its number of restaurants rising by 26 year over year to 211. Its comparable sales growth for Australia, Singapore, and Japan was 11.1% in the third quarter.
The business also has significant international growth potential. It already has at least 30 locations across Singapore, Japan, and the US. In five years, I believe its international network could be materially larger, helping its growth outlook.
This is the sort of business that could deliver rising profit margins as it grows and as scale benefits flow through it.
I believe the ASX growth share's bottom line could significantly improve by 2030.
