Ranked 65th in the FT APAC High Growth 500
Parramatta based software company and leader in ICT services, Adactin Group, is pleased to announce that Financial Times (FT) ranked the company 65th in its top 500 high-growth companies from the APAC region.
In the fourth week of April the Financial Times, a Global daily publication reporting on financial and commercial activities of the world economy recognised Adactin’s long term performance by ranking it 65th in the top 500 high-growth companies from the APAC region. The ranking in FT’s Top 500 recognises the performance of the company for over four years. Companies must have revenue of at least $100,000 generated in 2015, and provide four years of turnover data, with a Revenue of at least $1m generated in 2018, should be is independent, be headquartered in one of 11 territories in Asia-Pacific, and the revenue growth between 2015 and 2018 was primarily organic
Adactin CEO Navneesh Garg said he was thrilled with the recognition from FT.
“FT is one the world’s leading news organisation and represents a high standard in the Global business community and we are delighted that the publication has given us this recognition. The award speaks to the calibre of the people behind our company and the strength of the services that we deliver to our customers. Our customers have always been at the forefront of what we do, and our focus on quality delivery and innovation lies at the centre of our success. This is great and comforting news amidst the current trying times and while the data does not take into account the unfolding coronavirus crisis, it is indicative of our resilience and promise as a company for the days ahead.”
The Top 500 high-growth companies from the APAC region is a snapshot of growth leaders in the APAC economy. Navneesh added that “amongst the technology sector in Australia from FT’s list, Adactin is ranked 3rd and Adactin will continue to position itself to be a part of the growth of the ICT industry in the APAC region.