The fastest growing company in the US saw revenues jump 8,800% YoY

Analysis as of Nov 30, 2021

Let’s take a look at the fastest growing companies by revenue (with at least $10bn in market cap and $100m in revenue). You can see details here.

And the chart below —

BioNTech tops the list, with an annual revenue growth of a whopping 88x — driven by the vaccine. Moderna is another Covid vaccine stock in the top 10. There are entertainment / hospitality companies listed as well — Live Nation, Carnival, Host Hotels. I’d suspect that all of these are Covid related — where there was a huge revenue dip during lockdowns and now the revenue has recovered.

So most of these companies can attribute their revenue growth (or recovery) and inclusion in this list of fastest growing companies directly to Covid.

Let’s do the same analysis, but just for technology stocks —

There are a few fresh IPOs on this list — Doordash, Roblox, and Airbnb are less than a year old on the public markets. The biggest by market cap on the list is Sea Ltd — which is a consumer internet company out of Singapore and has YOY growth of 122%!

Unlike the non tech companies above, Covid is probably a second order effect for these companies and the growth may be more sustainable going forward.

How we did this analysis on Jixa

All of the insights above are just queries in Jixa. We use the Tickers table —

Specifically, we’ll use the field REV_YOY which is the change in the annual revenue year over year.

The query is below —

SELECT
    ticker,
    name,
    rev_qoq,
    rev_yoy,
    marketcap / 1e9,
    revenueusd / 1e9
FROM
    FIDAP.US_EQUITIES.TICKERS
WHERE
    marketcap > 10e9 and rev_yoy > 0 and revenueusd > 100e6
ORDER BY
    rev_yoy desc
LIMIT
    10

We limit the companies to a current market cap of $10bn or more and that have revenues of at least $100m to avoid small companies or those with very little revenue.

Let’s change the query just slightly to restrict this just to tech firms . To do this, we just add and sector = 'Technology' to the where clause.

SELECT
    ticker,
    name,
    rev_qoq,
    rev_yoy,
    marketcap / 1e9,
    revenueusd / 1e9
FROM
    fidap.US_EQUITIES.TICKERS
WHERE
    marketcap > 10e9
    AND rev_yoy > 0
    AND revenueusd > 100e6
    AND sector = 'Technology'
ORDER BY
    rev_yoy desc
LIMIT
    10