The “Fastest Growing 50” (FG-50)

The "Fastest Growing 50" (FG-50) certification recognizes Singapore's 50 most dynamic and fastest growing companies who have achieved outstanding corporate growth as appraised through the 3-year Compounded Annual Growth Rate (CAGR) measurement. It also recognizes the Top 10 "Fastest Growing Internationalising Companies", which have attained the highest 2-year Compounded Annual Growth Rate (CAGR) from revenue outside of the Singapore market.

Companies must meet the basic criteria for all rankings and certification. In addition,

• Companies must be in operation for at least 4 years.
• All SME 1000 companies, Singapore 1000 companies and the next 1000, also known as emerging 1000 companies were put forward for consideration prior to short listing. The certification looks at all companies and SMEs ranked in the "Singapore 1000" and "Singapore SME 1000" rankings.
• Firms have to demonstrate a 10% turnover growth or better every year for the last 3 years and must be profitable for each of the last 3 years.
• Certification is based on companies' annual financials, which have to be verified by auditors to be true and fair for all 4 years.
• The final order of position is from the last 3-years CAGR growth (in percentage) in turnover, in descending order.
• The Top 10 Fastest Growing Internationalising Companies take into account the last 2-years CAGR growth of the qualifying companies' overseas revenue over the last 3 years.