ZB Homes 1 on Deloitte index

Waikato and Bay of Plenty residential home builders ZB Homes take top ranking on 2017 Deloitte Fast 50

ZB Homes 1 on Deloitte index
ZB Homes have taken the number one ranking on this year’s Deloitte Fast 50 index with an impressive 1583% revenue growth over the past three years. 

Deloitte said this was the first time in the history of the index that a construction business has taken the top slot.

Digital money lender Moola.co.nz (1013%), educational advising consultants Crimson Education (1005%), online payments company Pushpay (914%) and ethically and environmentally friendly painters Carus Group (718%) round out this year’s top five fastest growing companies in New Zealand.

The annual Deloitte Fast 50 index, announced tonight at the Deloitte Festival of Growth, ranks businesses experiencing rapid revenue growth over three years and sets the benchmark for high growth businesses in New Zealand.

The 2017 national Rising Star Award winner, which recognises early stage companies who don’t yet qualify for the index, is content measurement company Parrot Analytics. Runners-up, labeled Rising Star “ones to watch”, are social enterprise Eat My Lunch, organic feminine hygiene products maker Organic Initiative and mineral extractor Avertana.

Iconic Kiwi tech pioneers of cloud-based accounting software Xero have taken number one ranking on this year’s inaugural Master of Growth index with 657% revenue growth over the past five years, followed by global distributor of consumer electronic products Protempo (608%) and self-service payment technology company Invenco Group (386%).

Roam Creative came in at 18 with 354%, Snap Rentals at 22 with 315%, EcoWare at 30 with 232% and Delta Insurance at 34 with 222%.

Introduced this year, the Master of Growth index ranks the 20 fastest growing established businesses achieving longer term sustained growth. It ranks businesses starting from a larger revenue base, and over five years of revenue growth.

Deloitte Private Partner Bill Hale said the Deloitte Fast 50 is an active community of intrepid business trailblazers looking to achieve great things for their companies.

“It does more than just rank New Zealand’s 50 fastest growing businesses. It celebrates business success and growth across the spectrum – from early stage companies to mature businesses – on a regional and national stage,” he added.

“The high level of diversity celebrated today at the Deloitte Festival of Growth shows any type of business, from anyplace in New Zealand, can do well with the right approach. It is great to see these companies thriving by capitalising on their points of difference and executing on their plans. A common theme is that they are all strong across strategy, capability and commitment, but focus on finding a point of difference and nailing it in that niche,” Hale said.


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