Armedia, LLC has been awarded the #1387th spot on the Inc 5000 list of fastest growing companies in the US for 2011 with a 3-year growth rate of 205%.
This growth rate can be seen clearly by comparing Armedia’s 2007 revenue of $3.4 million to the $10.2 million it earned in revenue in 2010. In addition to this drastic increase in revenue, Armedia’s has grown in numerous other arenas as well. Since 2007, Armedia’s employees have more than doubled in numbers, expanding from 23 in 2007 to 56 in 2011.
Armedia ranked 52nd among the Atlanta-based companies and 156th within the IT Services Industry.
2011 is the third time that Armedia has been placed on the Inc 5000 list. The previous two times being 2010, when they were ranked 1652nd and 2007 when they were ranked 2007th.
The list is compiled by Inc. Magazine, which annually ranks 5,000 companies by precentage of revenue growth over a 3 year period, in this case, from 2007 to 2010.
This prestigious list takes into account a company’s industry, revenue, number of employees and location. Companies must demonstrate exceptional growth percentage of revenue growth over a three year period. The list also mandates that the companies be US-based, privately held, for profit and independent as of December 31, 2011.
For more information about Armedia’s ranking and to see the list in its entirety go to:
https://www.inc.com/inc5000/profile/armedia
