The Philippines’ Growth Champions 2025
Why should my company participate?
New business opportunities: An inclusion in ranking is a visible and public acknowledgement of your company’s performance that extends far beyond your specific industry and country. It will also generate attention for your business on the part of potential partners, customers, and investors around the world.
Employer branding: Corporate growth usually generates demand for new employees. Being featured in the high-profile ranking of the Philippine Daily Inquirer will not only increase awareness of you as an employer, it also gives potential employees an understanding of your company’s future potential.
Effective media coverage: Companies which manage to secure a position in the ranking will be listed on www.inquirer.net. They will also be featured in the Philippine Daily Inquirer.
Reputation: All companies that make it into the list may use the award logo for marketing purposes. This logo and the use for marketing purposes are subject to a licensing fee.
Available from August 2024:
How do I register?
Online registration
Please register with Statista by 31 October 2023.
Verification of revenue information
Your revenue data needs to be verified. Please use this form for this purpose. The form must be signed in person by a Managing Director or a member of your Executive Committee (CEO or CFO). The submission process entails uploading the completed form to Statista via a link provided in the confimation email. All necessary address details can be found on the form.
Downloads
Application form as PDF document
Form of Verification as PDF document
Contact details
Should you have any additional questions or would otherwise like to contact us, please email growth-philippines@statista.com.
The international market research firm Statista is currently looking for the fastest-growing companies in the Philippines. The aim is to compile a ranking of the Philippines’ Growth Champions 2025, based on revenue growth between 2020 and 2023. Participation is cost-free and simple: Just click the registration link below and follow the steps.
Companies that manage to secure a place in the inaugural ranking of the Philippines’ Growth Champions will be published in the Philippine Daily Inquirer and on Inquirer.net and also have the chance to enter the upcoming edition of the Financial Times’ High Growth Companies Asia-Pacific, both free of charge.
Who is eligible?
In order to be included in the ranking your company must meet the following criteria:
- Revenue of at least ₱5,000,000 generated in 2020
- Revenue of at least ₱30,000,000 generated in 2023
- Be independent (the applying company acts largely independently in its business decisions and does not receive significant sales from parent or related companies)
- Be headquartered in the Philippines
- The revenue growth between 2020 and 2023 was primarily organic (i.e. “internally” stimulated)
FAQ
- Do I have to pay to register?
Absolutely not! The registration and the feature in the ranking is completely free!
- Do I have to pay to be included in the ranking?
Not at all. If included in the ranking, your company is free to celebrate its success via a press release, social media, or a company website. Only businesses that want to use the official seal featuring the Philippine Daily Inquirer and Statista logos with the title the Philippines’ Growth Champions 2025 have to pay a licence fee, in a one-off payment. The seal will be available after publication of the ranking.
- Do I have to purchase the Philippines’ Growth Champions 2025 licence in order to point out or make reference to my place in the rankings?
No. All those who apply and make it into the top list are completely free to publicise this fact. The official seal Philippines’ Growth Champions 2025, available for a licence fee, is merely an additional option for those who want to advertise and promote their achievement in a more visually striking manner.
- Is the creation of the Philippines’ Growth Champions 2025 ranking commissioned and paid for by customers?
No, this project has two revenue sources: revenues from licence fees, as outlined above, and advertisements on inquirer.net where the ranking will be published.
- Who is eligible to participate?
All companies that meet the above mentioned requirements.
- My company is wholly or partly owned by venture capital, private equity firms or investment funds. Can my company still qualify for the Philippines’ Growth Champions 2025?
Yes, as long as it complies with the aforementioned criteria.
- My company was founded during the course of 2020. Can I still participate?
Yes, as long as it complies with the aforementioned criteria. Additionally there will be a footnote stating that your first fiscal year was incomplete.
- How do you verify the data provided by participants?
Revenue data are verified through the signing off of this form by the managing director/CEO, the finance director/CFO or a member of your executive committee. The form must be submitted via upload link provided in the confirmation email, which you will received after completing the online registration.
- When is the registration deadline?
For the last year's edition, the Philippines' Growth Champions 2024, registration through the online form could be completed until 31th October, 2023.
- Until when am I able to submit the revenue verification form?
For the last year's edition, the Philippines' Growth Champions 2024, the deadline for us to receive this document was 31th October, 2023.
- On what criteria is the ranking of the Philippines’ Growth Champions determined?
The ranking is determined by the growth in revenue between the years 2020 and 2023.
- How will Statista calculate the average growth in revenue of a company?
We use the compound annual growth rate. For example, if a company achieved total revenue of 15m PHP in 2020 and total revenue of 75m PHP in 2023, we calculate an average yearly increase of 71%.
- The fiscal year of my company does not coincide with the calendar year. However, the survey and the form ask for the total revenue for the calendar years of 2020 and 2023. Which revenue information should I provide?
Please provide the revenue details for the fiscal years which fall predominantly in the calendar years of 2020 and 2023. For example if your company’s fiscal year is from 01/04/2023 to 31/03/2024, this fiscal year falls mainly in 2023, so use this for 2023 revenues. If your company’s fiscal year is from 01/10/2022 to 30/09/2023, this fiscal year falls mainly in 2023 as well, so use this for 2023 revenues.
- Which definition of revenue will be observed in the Philippines’ Growth Champions list?
Net revenue adjusted for returns, excluding value added tax and derived solely from business activities (excluding any other operating income) as disclosed in your company report.
- Are further key data, such as profitability, relevant for the Philippines’ Growth Champions 2025 ranking?
As a minimum, we require data on revenue growth. However, we also encourage you to add any pre-tax profit information to the registration form. While we state that pre-tax profit is not required, such information will help us better understand your company. Moreover, such transparency is likely to attract more editorial attention to your company in the special report.
- Which information concerning individual companies will be published by the Philippine Daily Inquirer?
The following information will be released about the top companies: the company name, the average growth in revenue and the total revenue for the years of 2020 and 2023, the number of employees in 2020 and 2023, the founding date of the company, the URL of the company website, as well as the location of the head office and the pre-tax profit if provided.
- How will I find out whether or not my company has made it into the ranking?
The results of our research will be published in the Philippine Daily Inquirer and on www.inquirer.net so that the findings can be read and shared by everybody. In advance of this, the successful companies will be informed by post of their inclusion in the list.
Disclaimer
The Philippine Daily Inquirer and Statista retain the right to change the criteria and/or produce new criteria at any point in the project’s lifetime.