CENTENNIAL, Colo., Aug. 14, 2019 /PRNewswire-PRWeb/ -- Inc. Magazine today revealed that Mobile Solutions is No. 3439, growing in rank over last year, on its 38th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies. This is Mobile Solutions 5th time on the Inc. 5000 and is a testament to the hard work and commitment from each of its teams.
The Inc. 5000 represents nearly 40 years of exceptional American growth stories. Companies that made the list, on average, have grown sixfold since 2015. During a stretch when the economy grew around 12 percent, that's a result most businesses can only dream of.
Not only have the companies on the 2019 Inc. 5000 (which are listed online at Inc.com, with the top 500 companies featured in the September issue of Inc., available on newsstands August 20) been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000's aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
This is Mobile Solutions 5th time on the Inc. 5000, which is a tremendous achievement as making the list gets harder every year. Of the tens of thousands of companies that applied for the Inc. 5000 over the years, only a fraction made the list more than once. Only 4 percent of companies made the list 5 times.
"Each year, we have higher revenue goals. And each year, our teams continue to deliver. Fiscal success is one element of the business, but it is our people delivering exceptional service and our solutions meeting the unique needs of our customers that truly make Mobile Solutions shine. We're so proud of every member of our work family." - Jim and Kim Johnson, Co-Founders.
"The companies on this year's Inc. 5000 have followed so many different paths to success," says Inc. editor in chief James Ledbetter. "There's no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities."
About Mobile Solutions
Mobile Solutions is a SaaS company that provides full life-cycle Managed Mobility Services including procurement, staging and kitting, real-time expense management, business analytics and reporting, dedicated account management and optimization, 24x7 US-based support, Unified Endpoint Management, and device reclamation services. We've made it simple for our clients to manage corporate-liable devices while also automating the management of mobile costs, assets, usage, plan changes, invoice processing, and reporting. With MAX, our cloud-based portal, we provide one, easy-to-use technology interface with the same user experience. Click here to check out our offerings!
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More about Inc. and the Inc. 5000
Methodology
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. 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.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit http://www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.
SOURCE Mobile Solutions
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