Donuts made the grade of the fastest growing companies in the Inc. magazine 5000 list. Over the years many well known companies have been on the list. (Microsoft, Under Armour, etc..).
NEW YORK and BELLEVUE, Wash., August 18, 2021 – Inc. magazine revealed that Donuts Inc., the global leader in next-generation top-level descriptive domains and digital identity, ranked as one of the fastest-growing companies on the 2021 Inc. 5000 list. The list contains the most prestigious ranking of the nation’s fastest-growing private companies and represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“We are delighted with this prestigious honor,” said Akram J. Atallah, CEO, Donuts Inc. “At Donuts Inc., we strive to be good at everything we do and are devoted to creating success in the entire ecosystem of employees, customers and suppliers. And with the ongoing expansion of the internet and the need for more descriptive, meaningful domain name options, we are more relevant than ever.”
“Businesses of all sizes and types are embracing new descriptive domain names recognizing the power in promoting their brands online with optimum SEO impact,” Atallah continued. “We provide options they have never had before with the world’s largest portfolio of new memorable domain names ranging from dxc.technology, to amazon.care, to ikea.today, to switchboard.live. We expect that Donuts’ Inc. 5000 achievement will demonstrate the worldwide success of descriptive domains and accelerate their adoption and use.”
Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20.
“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”
More about Inc. and the Inc. 5000
Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There was one tie on this year’s Inc. 5000. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
I’m pretty sure this is like the “Golden Web Awards”. Almost who enters their company makes the list.
Donuts should disclose exactly what their revenue was and what the actual increase is over last year.
Donuts registration growth over the last two years has been under 2% annually so I doubt anything significant is happening now.