vTech ranks 350 in the list of top 500 companies, according to FT Americas’ Fastest Growing Companies of 2020.
Financial Times, April 6, 2020 – The FT Americas’ Fastest Growing Companies 2020 is a list of the top 500 companies in the Americas that have achieved the highest growth in revenues between 2015 and 2018. vTech has been ranked 350 in the list of top 500 companies with a growth rate of 143.6%.
“Our vision is to Become the Most Trusted & Admired Strategic Partner, and we are constantly working towards achieving our company’s vision. I would like to congratulate all the vTech family members for their amazing dedication and contribution as a result of it we are achieving new highs of success.”
– Haresh Vataliya (CEO), vTech Solution, Inc.
According to the Financial Times, to be included in the list of the Americas’ fastest-growing companies, a company had to meet the following criteria:
- Revenue of at least $100,000 generated in 2015 (or currency value equivalent according to the average of the actual fiscal year).
- Revenue of at least $1.5m generated in 2018 (or currency value equivalent according to the average of the actual fiscal year).
- The company is independent (the company is not a subsidiary or branch office of any kind).
- The revenue growth between 2015 and 2018 was primarily organic (i.e., “internally” stimulated)
- The company is headquartered in one of 20 American countries.
Businesses that have been growing at hyper-speed — especially when the coronavirus pandemic has just thrown economies across the globe into extraordinary confusion. Investors can use the list as they research which companies are likely to prove resilient over the next couple of years.
More about FT. and the list of top 5000 Companies
There are some methodology applies to be qualified under the list of top 500 companies. The company is headquartered in one of 20 American countries. Revenue of at least $100,000 generated in 2015 and 2018. It also counts to the number of employees in 2018. vTech qualified and ranked 350 in the list of top 500 companies.
For more information visit https://www.ft.com/americas-fastest-growing-companies-2020