Advertising companies Fabulate, Assembled Media and Claxon have ranked on Deloitte’s 2024 Tech Fast 50.
The awards recognise and profile Australian tech companies – public or private – that have achieved the highest rates of annual revenue growth over the past three years.
This year’s winners achieved growth in an environment where access to capital and investment have fallen. Focus has shifted from topline growth to sustained performance, with operational discipline and positive cash flow becoming key metrics for valuations.
Influencer marketing platform Fabulate ranked no.10 with 1,105% growth rate.
Data-led media planning and buying agency Assembled Media ranked no.17 with 552% growth rate.
Full-service indie agency Claxon ranked no.22 with 386% growth rate.
Fabulate CEO Toby Kennett said the company is incredibly honoured.
"Five years into our journey, this recognition is a testament to the hard work of our team in positioning Fabulate at the centre of Australia’s—and increasingly APAC’s—creator economy," Kennett said.
Claxon CEO and founder Daniel Willis said he had always wondered what it would be like to make it on the Deloitte Tech Fast 50 list.
"To do so for the second year in a row, during a period where business across all industries is even tougher than normal makes me incredibly proud. This is recognition of our amazing team, I’m just fortunate enough to be the one who gets to wave the flag," Willis said.
"It’s not about our place on the list, simply being recognised as one of the 50 fastest growing tech companies in the country: that’s the real award, and is true testament to Claxon’s commitment to innovation, growth, and the power of a truly integrated approach.”
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