The
10 Largest Companies on the Philadelphia 100 Prove That Size
Does Not Hinder Ranking
Simple mathematics
would have you believe that is easier for small company to
rank higher on the Philadelphia 100 than a large company.
The Philadelphia 100 is based on a two year growth rate and
companies are ranked according to their growth rates. A smaller
company would not need to increase revenues as much to achieve
a higher ranking. For example, a $200,000 increase in revenues
for a $1 million company is a 20% growth rate, a 2% growth
rate for a $10 million company and 1% growth rate for a $50
million company. (Eligibility for the Philadelphia 100 requires
the company to have at least $100,000 in revenues and not
more than $35 million in revenues in the base year. The base
year for the 2006 Philadelphia 100 was 2003.) Therefore, the
common perception is that smaller companies have an advantage.
The theory does
not hold true on the 2006 Philadelphia 100. For the10 companies
with the highest revenues half ranked within the top 50 on
the 2006 Philadelphia 100 and two were in the top 10. Incidentally,
the numbers were similar for the 10 companies with smallest
revenues where 5 were in the Top 50, but only 1 was in the
top 10. In fact, four of the Top 10 had revenues in excess
of $10 million, six had revenues in excess of $5 million and
eight had revenues northward of $1 million.
While larger companies
have the challenge of generating higher revenues to make the
list, they have the advantage of resources and infrastructure
to handle high increases in business. Larger companies tend
to have more credibility in the market and spend less time
convincing would be customers to use their products and services.
Larger companies are approached more often with opportunities
to grow their business.
Here are the 10
highest companies with the highest revenues on the 2006 Philadelphia
100:
Clearpoint
Business Resources, Inc., Chalfont, PA
Michael Traina, CEO
2005 Revenues: $84.2 million
Growth Rate:762.4%
Rank 8th
The Siegfried Group,
LLP, Wilmington, DE
Robert Siegfried, Jr., President & CEO
2005 Revenues: $77.8 million
Growth Rate:348.5%
Rank 24th
A&E Construction,
Inc., Upper Darby, PA
William Santora, CEO
2005 Revenues: $70 million
Growth Rate:133.3%
Rank 60th
Infologix, Inc.,
Hatboro, PA
David Gulian, CEO
2005 Revenues $55.6 million
Growth Rate:90.9%
Rank 96th
EPAM Systems, Inc.,
Lawrencville, NJ
Arkadiy Dobkin, CEO
2005 Revenues: $40 million
Growth Rate: 143.2%
Rank 54th
Axis Construction
Services, LLC, Conshohocken, PA
William Bostic, President
2005 Revenues: $35.1 million
Growth Rate: 538%
Rank 13th
Group9 Inc., Langhorne,
PA
Christopher A. Ulsh, President & CEO
2005 Revenues: $32.9 million
Growth Rate: 94.2%
Rank 92nd
O’Neill Properties,
King of Prussia, PA
J. Brian O’Neill, Founder & Chairman
2005 Revenues: $28.8 million
Growth Rate: 138.9%
Rank 55th
SunRx, Inc., Cherry
Hill, NJ
Gerard Ferro, Chairman & CEO
2005 Revenues: $24.8 million
Growth Rate: 727.9%
Rank 9th
Gestalt, LLC, Camden,
NJ
William Loftus, President & CEO
2005 Revenues: $24.2
Growth Rate: 230.7%
Rank 36th
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