Ranking
Singapore’s Fastest Growing Companies 2025
Singapore’s Fastest Growing Companies 2025 awards the 100 Singaporean companies with the strongest revenue growth between 2020 and 2023.
- Based on a clear and detailed methodology
- Segmented by industry
- Created in partnership with The Straits Times
265.06%
265.06%
highest CAGR
11.84%
11.84%
minimum CAGR to be included
100
100
companies awarded
Ranking Details
Singapore’s Fastest Growing Companies 2025
Total:
Total companies:
0 companies
AWARDING YOUR EXCELLENCE
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Every awardee is contacted by email with instructions on accessing the award portal.
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Project Details
About the project
Now in its seventh edition, Singapore’s Fastest Growing Companies 2025 recognizes companies based in Singapore that have achieved the highest growth rate in revenues over a three-year period between 2020 and 2023.
To be considered for the ranking, companies had to have a primarily organic revenue of at least 150,000 SGD in 2020, reaching at least 1,500,000 SGD by 2023. Companies also had to be independent and headquartered in Singapore.
More than three thousand companies were identified as potential candidates for the ranking and invited to participate. The minimum average growth rate required to be included this year was 11.8%. Companies that did not fulfill the criteria for inclusion in the ranking were removed.
The final list is published online and in the print version of the Straits Times newspaper, recognizing the top 100 fastest growing companies in Singapore, segmented according to 24 industries.
HOW WE CALCULATE CAGR
Calculation of growth rates
The calculation of company growth rates is based on the revenue figures submitted by the companies in the respective national currency. For better comparability in the ranking, the revenue figures were converted into Singapore Dollars. The annual average exchange rate of each financial year was used for this purpose.
The compound annual growth rate (CAGR) was calculated as follows:
METHODOLOGY
How we work
Learn about our general approach to creating rankings for fastest growing companies. Further details about how the ranking was created can be found in the Singapore’s Fastest Growing Companies 2025 methodology.
01 Concept
The Fastest Growing Companies project ranks businesses based on their revenue growth percentage over three years, focusing on organic growth. The rankings include companies that meet set criteria like revenue thresholds, independence and financial performance.
02 Data Collection
For data collection, we create online application forms that eligible companies can use to register and submit financial and business information. Additionally, our analysts identify potential candidates for the rankings through research in company databases and other public sources, inviting them to apply for the ranking via mail, email or phone.
03 Evaluation
In order to evaluate candidates, revenue figures are verified by company management, with additional checks for small or unincorporated companies. Revenue growth rates are then calculated using the compound annual growth rate (CAGR) based on the companies’ reported figures. For better comparability, all revenues are standardized to a single currency.
04 Quality Assurance
Our team of analysts rigorously checks and verifies submissions, researches missing data in public and proprietary sources, and excludes companies that do not meet the eligibility criteria. A minimum growth rate is required for inclusion in each ranking.
Partnership
Our media partner
The Straits Times is the English flagship daily of Singapore Press Holdings, one of the leading media companies in Asia. Launched on July 15, 1845, its comprehensive coverage of news from home and around the world makes The Straits Times the most-read newspaper in Singapore. Quality news, in-depth analyses, impactful commentaries and breaking stories are packaged to give readers riveting accounts of events in Singapore, the wider region, and beyond.
GET CONSIDERED FOR AN AWARD
Apply for the next round of ranking
If you would like your organization to be considered in the next edition of this ranking, please register below or contact us for more information.
Have questions?
Get in touch with us
You can contact us via the phone number or email below for any queries related to this project. We look forward to hearing from you.
Lawrence Ho
Lawrence Ho
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