Financial Times: publisher Gismart is among the six fastest growing companies in Europe

Yesterday, the Financial Times published the top 1000 European companies that achieved the highest cumulative revenue growth from 2015 to 2018. The Belarusian—British Gismart is in sixth place in the top.

For three years, the growth of her income amounted to 8788.3%. If by the end of 2015 the company earned € 790 thousand, then in 2018 it has already generated €57.6 million. At the same time, the average annual growth rate was 346.3%.

There is no information on how much the company earned in 2019. However, with the specified CAGR, we can already talk about € 250 million. In any case, over the past twelve months, the number of the company has doubled — from 150 people to 300.

Recall that Gismart changed its focus in 2019. Previously, the company was engaged in the launch of entertainment music applications and games. Since last year, she sees the development and publication of hyper-casual products as her main focus.

In addition to Gismart, 12 other gaming companies entered the top Financial Times:

• 24. Futureplay — Finland — 4409.6%;
• 48. Stillfront Group — Sweden — 2222.4%;
• 172. nDreams — United Kingdom — 898.4%;
• 197. Lockwood Publishing — United Kingdom — 799.5%;
• 354. Forever Entertainment — Poland — 475.4%;
• 414. Genba Digital — United Kingdom — 409.3%;
• 537. Team17 Group — United Kingdom — 315.4%;
• 558. Plug In Digital — France — 302%;
• 592. PCF Group — Poland — 285.5%;
• 598. Blue Orange — France — 279.8%;
• 605. G5 Entertainment — Sweden — 277.2%;
• 645. 11 bit studios — Poland — 261.6%.

Also on the topic:

• Gismart has released a game for Snapchat. We talked to the developers about their experience with the platformGismart is expanding.
• Belarusian-British developer launches office in KievThe debut hyper-casual game Gismart collected 5 million installs in a week
• Is there any news?

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