Inc.’s fourth annual list of the fastest-growing private European companies reviews and ranks 123FormBuilder #554, based on three-year revenue growth. The astonishing average YoY growth of 957.67% positions the Romanian software company in the top 15% of European companies with the highest yearly growth.
The full list of companies was published last week and encompasses companies throughout Europe, ranking and rating their financial achievements on a global and national level.
“Companies are ranked according to the percentage growth of their annual revenue over a three-year period. To assess this, we ask for your 2013 and 2016 revenues. This gives us a three-year growth period, using 2013 as a base year for growth.” – Inc.5000 Representative
“It is both humbling and rewarding to see that your constant work and involvement in the company is celebrated with such success. It gives you a perspective on your achievements and, based on the reaction throughout our offices, it motivates and celebrates the efforts of the entire team.” – Florin Cornianu, CEO, 123FormBuilder
The eligibility criteria that need to be met for this distinguished editorial award by independent privately-held companies based in Europe are:
- generate revenue by March 31, 2013
- generate at least €200,000 in revenue in 2013
- generate at least €2 million in revenue in 2016
Based on these key performance indicators, the 3-year average is established and all companies are ranked based on their 3-year growth. With an average growth of close to 100%, 123FormBuilder reached a revenue of 2.3M in 2016. With over 10 years on the market, the friendly and intuitive form building platform helps client companies collect data and automate workflows. The company has over 90 employees and services over 60K business clients with over 1.8 Million active users.
Consult the full list of Inc.’s 5000 companies here.