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Singapore's Fastest Growing Companies is a list of 100 local businesses that achieved markedly high revenue growth between 2019 and 2022.

Companies keen to get on the league table had to register via websites created by Statista and The Straits Times from May to August 2023.

In addition, through research in company databases and other public sources, Statista identified more than 2,000 companies in Singapore as potential candidates for the ranking. These companies were invited by post, e-mail and telephone to participate in the competition.

There were strict criteria – they had to be independent companies headquartered in Singapore with at least $150,000 of revenue generated in 2019, and $1.5 million in 2022.

The calculation of growth rates was based on the revenue figures submitted by the companies in their respective national currencies. These figures were then converted into Singapore dollars for comparison.

The result is a list of companies ranked by compound annual growth rate, which is calculated by taking into account revenue growth over the three-year period.