BRW’s Fastest Growing Companies
Every year it seems the business world waits in anticipation for a range of lists published by Fairfax entity BRW.
The big one, of course, is the rich list, which not everybody is happy to be a part of.
The most interesting one, however, is Australia’s Fastest Growing companies, which was released earlier this week.
The BRW Fast 100 is now in its 26th year
Now in its 26th year, the 2015 BRW Fast 100 list charts the growth across several decades of some of Australia’s most successful businesses, based on their average annual growth rate over the last four years.
Also released was Australia’s fastest growing companies under four years old, otherwise known as the BRW Fast Starters, who are ranked by total annual revenue.
The following is a quick snapshot.
● Online Education Services tops the 2015 BRW Fast 100 list – with an average annual growth rate of 384% from 2011 to 2015, and a turnover of $79 million
● The total revenue of companies that made the 2015 BRW Fast 100 list is $3.05 billion
● The total number of employees working at companies on the 2015 BRW Fast 100 list is 8,433
● There are 60 new entrants on the 2015 BRW Fast 100 list
● Business services and retail trade are the two most popular sectors on both the BRW Fast 100 and BRW Fast Starters lists.
Online Education Services is a joint venture between Swinburne University of Technology and online employment giant SEEK. The business delivers tertiary education to more than 5000 students, three-quarters of whom are studying part-time, and one in four of whom live in regional and rural locations.
Online Education Services were excited by the recognition with one employee tweeting:
The top five companies include:
Topping the list of Fast Starters was Hudson Homes, who sell house-and-land packages in NSW, and has enjoyed a fat funding pipeline thanks to chief executive Danny Assabgy.
Assagby funded Hudson Homes from a forerunner business, Equiti Private Wealth, which sells US property to Australian retail investors and taps the same networks of distributors.
Statistics from the 2015 BRW Fast Starters show:
● Hudson Homes topped the 2015 BRW Fast Starters list with turnover of $82 million and growth of 54% in its most recent year of trading
● The total revenue of the companies that made the 2015 BRW Fast Starters list is $930 million
● The total number of employees working at companies on the 2015 BRW Fast Starters list is 3,059
● There are 74 new entrants on the 2015 BRW Fast Starters list
The top five Fast Starters 100 are:
Upon publication of the lists, BRW editor Michael Bailey said, “The Fast 100 and Fast Starters represent the future for the Australian economy. It’s not surprising to see so many disruptors of more established outfits on our lists, including the top ranked company on each list.”
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