Company

CELEBRATING INNOVATION AND GROWTH: FERRYSCANNER’S SPOT ON THE FT 1000 RANKINGS

4 March 2024 • Ferryscanner Team

The FT 1000: Europe’s Fastest-Growing Companies list, compiled annually by the Financial Times and Statista, serves as a benchmark for corporate excellence and growth across Europe. It’s a collaborative effort between the Financial Times and German research company Statista and is meant to shine a spotlight on companies that have emerged as beacons of growth and resilience amidst adversity. By focusing on the compound annual growth rate (CAGR) in revenue over the period from 2019 to 2022, the ranking meticulously identifies the companies that have not only weathered the storm but thrived.

To qualify for this prestigious list, companies needed to demonstrate a minimum average growth rate of 36.3 percent, a testament to their outstanding performance in challenging times. This benchmark serves as a yardstick for success, distinguishing the companies that have achieved remarkable growth against all odds.

Among the luminaries in this prestigious ranking, Ferryscanner stands out at #83, a beacon of innovation and growth in the Hospitality & Travel sector. Based in Athens, Greece, Ferryscanner has not only navigated through the tumultuous waters of the national and global economy but has also charted a course of remarkable growth and resilience.

A Closer Look at Ferryscanner’s Journey

blonde woman sitting outside at night while looking at mobile phone

Founded in 2018, Ferryscanner has quickly established itself as a frontrunner in the travel industry. With a focused vision and a dedication to leveraging technology to enhance the ferry booking experience, we offer a user-friendly search and booking platform that simplifies the travel process for our customers all across the globe.

By the Numbers: A Story of Exponential Growth

deck of a ferry boat over the water with a green rope tied on the ledge

Ferryscanner’s inclusion in the ‘FT 1000’ is backed by staggering growth figures that speak volumes about our market impact and business model success:

  • Absolute Growth Rate: An astonishing 1,921.70%, showcasing the rapid expansion Ferryscanner has achieved in a short time frame.
  • Compound Annual Growth Rate: At 172.40%, this figure highlights our company’s consistent and exponential revenue increase year over year, significantly surpassing the minimum threshold for inclusion in the ranking.
  • Revenue Growth: From earning €256,984 in 2018 to €5,195,507 in 2022, Ferryscanner’s revenue trajectory reflects our growing influence and success in the travel industry.
  • Employee Growth: The Ferryscanner team grew from 12 employees in 2019 to 27 in 2022, indicating not just business expansion but also Ferryscanner’s role as a growing employer in the tech and travel sectors.

Looking Ahead: Navigating Future Seas

sun peeking over the rocks at the beach

Ferryscanner’s rank of #83 in the FT 1000 is more than a mere accolade; it’s a marker of a journey that is only just beginning. With its proven track record of growth, innovation, and resilience, we are poised to further disrupt the travel industry and offer even more value to travelers around the world. As we continue to expand its services and reach, Ferryscanner not only represents a success story in the face of adversity but also a vision of what the future of travel can look like. Stay tuned for all the exciting developments coming in the future.

Use the Ferryscanner website to browse all of your options and book ferry tickets to somewhere fantastic today!

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