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Torpedo speed

Congratulations to Torpedo 7 who led the Kiwi contingent in the Deloitte Technology Fast 500 Asia Pacific awards for 2008, with a revenue growth of 571 per cent over three years.

Online retailer NZ’s fastest-growing tech company

Torpedo 7 is a fantastic example of online retail done right and they have built a loyal and substantial community.

To qualify for the Deloitte Fast 50 each business is measured from 3 years once they pass $US50,000 in annual revenue. Unfortunately we’re too young to qualify but we’ll be entering as soon as we hit our 3rd birthday.

Our revenue growth rate for the 12 months to 30 September 08 was 1,287% so based on the performance criteria we’re looking good.

 

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4 comments

Sam
12 December 2008 #

Well done the Torpedo7 team and a future congratulations for Xero winning in 2009!

James Riddell
15 December 2008 #

Thanks Xero for helping Outpost Central to be the 3rd fastest growing tech company in NZ and nice one Torpedo7.
Your invoicing and bank rec made our accounting efficient and your reporting actually made it fun.

We look forward to going head to head with Xero next year. I hope you understand if we stop referring so many customers…

James R
22 December 2008 #

And nice one Xero for being the 4th equal highest performer in NZ sharemarket for 2008 (based on capital gain)

Rod Drury
22 December 2008 #

One benefit of a low liquidity stock :)

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