FT ranking: The Americas’ Quickest-Rising Providers 2022

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The 3rd annual FT rating of The Americas’ Quickest-Escalating Companies captures the resilience of organizations as they tailored to the original onslaught of the Covid pandemic, in 2020.

Due to the fact that initial reaction, enterprise leaders across the location have vowed to “build back better” — with improved digitalisation throughout quite a few sectors and more rapidly improvements in environmentally friendly electricity era and infrastructure.

The technological know-how sector liked swift development as the coronavirus disaster deepened and extra people commenced to work, shop and talk by electronic channels. Some providers have since viewed their advancement slow as lockdowns ended up lifted.

As with previous year’s ranking, know-how — led by North American corporations — accounts for practically 28 for every cent of the general record, followed by money products and services (7 per cent) and wellness (6.4 per cent).

The FT record was compiled with Statista, a analysis firm, and ranks entrants from across the Americas by their compound once-a-year growth amount (CAGR) in revenue, involving 2017 and 2020.

The position is not necessarily a reflection of the dimensions of countries’ economies, but relatively their skill to innovate and the willingness of their superior-expansion corporations to be candid with economical facts. Around 90 per cent of providers on the checklist hail from the US and Canada, as opposed to 5 per cent from Brazil.

With health using centre phase about the earlier couple of years, it is apt that the fastest-expanding firm on this most current ranking is a clinical know-how business (while it is not relevant to treating Covid-19). California-based Axionics specialises in merchandise for clients with bladder and bowel dysfunction. With a 2017-20 CAGR of 855 per cent, it knocks past year’s winner, US lending platform Up grade, off the top rated location.

Axionics is followed in 2nd and 3rd put by Human Bees, a recruitment company, and Coherus BioSciences, which develops therapeutics for oncology and inflammatory health conditions.

Audience can use the arrow buttons at the major of the columns in the table beneath to form by nation, sector or earnings, in purchase to analyse the information in a lot more depth. If you change from sorting by CAGR to sorting by complete 2020 revenues, for occasion, names these as Amazon, Tesla, Netflix and Wayfair all increase to the prime. These businesses are among the a whole of 81 of the over-all 500 to be mentioned on an exchange.

Due to the fact quite a few rapidly-escalating firms are inclined to be privately held and do not publicly disclose comprehensive fiscal info, a rating such as this can by no means claim to be comprehensive. But the rigorous screening system (you should refer to the methodology underneath the desk), which also needs senior executives to sign off on the figures submitted by their organizations, suggests the position can offer you visitors a meaningful perception into the health and fitness of these personal providers.

Scroll under the interactive table for the entire methodology.

* Providers marked with an asterisk experienced significantly less than 12 months of profits in the 2017 economical calendar year, but still passed $100,000 revenue. ** Companies marked with a double asterisk have been acquired given that the conclude of the appropriate timeframe.


The FT Americas’ Speediest-Expanding Organizations 2022 is a record of the 500 businesses in the Americas that have the optimum progress in publicly disclosed revenues in between 2017 and 2020.

The rating was made by way of a advanced process. Even though the search was very intensive, the position does not declare to be comprehensive, as some firms did not want to make their figures public or did not take part for other explanations.

The job was marketed on the net and in print, allowing for all suitable firms to sign up through the internet sites created by Statista and the Fiscal Instances. In addition, via exploration in firm databases and other public sources, Statista discovered tens of hundreds of organizations in the Americas as likely candidates for the FT position. These corporations ended up invited to take part in the competitiveness by put up, e mail and phone.

The software section ran from October 2021 to January 2022. The submitted income figures had to be certified by the main financial officer, main government, or a member of the executive committee of the corporation. Corporations with 3 or fewer staff, or corporations that are not a legal entity, ended up subject matter to additional checks to confirm their income numbers.

Standards FOR INCLUSION IN THE Checklist

To be integrated in the checklist of the Americas’ quickest-increasing providers, a business had to fulfill the next criteria:

• Revenue of at least $100,000 created in 2017 (or currency price equal according to the regular of the genuine fiscal calendar year).

• Earnings of at the very least $1.5mn generated in 2020 (or currency benefit equivalent according to the common of the actual fiscal 12 months).

• An independent entity (not a subsidiary or branch place of work of any type).

• Income progress in between 2017 and 2020 that was largely organic and natural (ie “internally” stimulated).

• Headquartered in just one of 20 American nations. Businesses from these nations ended up suitable to take part: Argentina, Belize, Bolivia, Brazil, Canada, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, the US, Uruguay, Venezuela.


The calculation of company growth prices is based mostly on the profits figures submitted by the businesses in the respective countrywide forex. For superior comparability in the position, the profits figures were being transformed into US pounds. The typical trade amount for the financial year indicated by the firm was used for this intent.

The compound annual advancement level (CAGR) was calculated as follows:

((profits2020 / income2017)^(1/3)) — 1 = CAGR

The absolute development in between 2017 and 2020 was calculated as follows:

(profits2020 / profits2017) — 1 = Growth fee

Analysis AND Excellent ASSURANCE

All info noted by the corporations was processed and checked by Statista. Lacking data entries (personnel quantities, handle info, and so forth) were investigated in detail. Providers that did not fulfil the conditions for inclusion in the rating ended up deleted.

In addition to the businesses that responded to invites to take part, Statista involved some effectively-recognized corporations noted for their extraordinary growth. Fiscal information and facts was collected via desk analysis applying formal resources, this kind of as publicly offered earnings displays, trader relations web-sites, and once-a-year stories.

The bare minimum CAGR demanded to be involved in the ranking this 12 months was 9.7 for every cent.