Jan 17 2023
The Straits Times and Statista have come together once again to produce their fifth edition of Singapore’s fastest-growing companies report. Having earned widespread media coverage in previous years, businesses in various industries have been waiting with bated breath for the release of the 2023 list.
With that, OOm, a leading SEO company, is proud to announce that we have been listed as one of Singapore’s Fastest-Growing Companies in 2023!
The report recognises companies that achieved remarkably high revenue growth between 2018 and 2021. To be part of the list, OOm had to adhere to strict criteria of being an independent company headquartered in Singapore with revenue generated of at least $150,000 in 2018 and $1.5 million in 2021.
Statista also conducted research and examined the official revenue data of over 600 local companies, before including distinguished companies that met the criteria mentioned above in the list.
Growth rates were calculated based on figures submitted by companies in their respective national currencies, which were then converted into Singapore dollars for a fair and accurate comparison. The exchange rate as of 31 December of each financial year was used for the calculation.
The list then ranks companies by their compound annual growth rate calculated by taking into account revenue growth from 2018 to 2021.
All data that the companies provided was checked and processed by Statista to uphold optimum integrity. Only companies with a minimum of 10.5% of growth rate are included in the ranking this year.
“OOm is truly honoured to make the rankings of Singapore’s fastest-growing companies in 2023 and this is all thanks to our clients’ continuous support and trust in us over the years. The company pledges to continue striving to be one of the best in the industry and this recognition is a testament to how far we have come as well as how much further we can go,” said Ian Cheow, CEO and Co-founder of OOm.
“We are humbled and thankful to have been included in the list of Singapore’s fastest-growing companies in 2023. As a digital marketing company with more than 15 years of experience, this recognition is a motivation for us to continue delivering nothing less than excellence for years to come,” said Wyvan Xu, COO and Co-founder of OOm.
OOm is a full-fledged digital marketing company in Singapore. If you are looking to enhance your online presence and engage in powerful marketing campaigns, feel free to contact us today for more information.