Forma.ai Named One of Canada’s 50 Fastest-Growing Companies
In our first year of entry, Forma.ai is delighted to announce that we have been ranked in the top 50 of over 448 of Canada’s fastest-growing organizations.
The Report on Business ranking of Canada’s Top Growing Companies ranks qualifying independent Canadian companies by the percentage of their revenue growth over three years.
In our first year of entry, Forma.ai is delighted to be ranked #45 out of 448, with 3-year revenue growth of 1293%.
Among the 448 businesses on the list, there are four breweries, six insurance brokers, five apparel designers (four for humans, one for dogs) and one maker of robots. Regardless of where they’re located, what they make or whether they’ve been operating for five years or two decades, all these companies have one thing in common: Each managed to grow in unprecedented times. And their stories of success offer a blueprint for others to follow. Forma.ai takes great pride in being named amongst such ambitious peers.
To ensure a level playing field for participating companies, reported revenues are subject to adjustment at the discretion of Report on Business. For example, if a reported fiscal year is not 12 months in length, or the two fiscal years used in the calculation are not three years apart, then an equitable measurement might be achieved by any or all of:
- Pro-rating the revenue of a reported period;
- Including revenue from months adjacent to the reporting period;
- Time-shifting of the periods used in the final calculation.