Sydney, Australia – Satellite Office has ranked once again in the Financial Times Top 500 High-Growth Companies Asia Pacific list for the 4th consecutive year. This year, the leading outsourcing solutions company ranked 470th among companies across industries in Asia Pacific and 59th in Australia.
According to Financial Times, oil and technology-related businesses still dominate the list but the emergence of a wider range of industries is also seen. Furthermore, Asia is projected to be the main driver of global growth in 2023. Satellite Office, with offices located in the Philippines, is one of the 10 Employment Services companies that made it in this year’s list.
The Financial Times High-Growth Companies Asia-Pacific 2023 list highlights companies that achieved the highest percentage growth in revenues between 2018 and 2021. In partnership with Statista, Financial Times identified tens of thousands of companies in the Asia-Pacific region as potential candidates for the ranking.
For the 2023 list, Satellite Office posted 72.1% absolute growth after achieving $22.09M revenue in 2021, a significant increase from the company’s 2018 $12.74M revenue.
“This four-peat achievement would not be possible without the continued support of our internal team, clients, employees, and partners. Thank you for being part of our amazing journey through the years.” Satellite Office Founder & Chief Executive Officer, Michael McRitchie, said in a statement.
Satellite Office had an impressive year in 2022, reaching milestone after milestone. The company welcomed its 1000th employee in July 2022. With no signs of slowing down, Satellite Office closed in 2022 with over 1,400 employees. Aside from these achievements, Satellite Office has officially been recognised as a Great Place to Work™ in December 2022. Sprout Solutions also awarded the company with the Growth Leader Award and Great Employer Award. The Growth Leader Award is given to companies using Sprout that rank within the Top 10 for the highest growth rate for client organisations with over 500 employees. The Great Employer Award recognizes Sprout’s SMEs, mid-market, and enterprise clients with the lowest attrition rates.
“As we anticipate the celebration of our 10th anniversary, our team remains committed to fulfilling our mission of transforming the way the world does business and helping our clients realise their growth ambitions with our premium offshoring solutions,” Satellite Office Chief Operating Officer, Jeff Blake stated.
These feats only strengthen Satellite Office’s commitment to their clients and employees to bring better services. As the Company approaches its 10th year, they assure its valued partners to continue their mission of providing high-quality and world-class solutions to businesses globally to help them achieve their own growth plans.