Cardtronics Ranks Among Inc. 500s Fastest Growing Companies

Thursday 2 October 2003 22:18 CET | News

Cardtronics has been named one of Americas fastest growing privately owned companies by Inc. magazine for the third year in a row.

The 23rd annual Inc. 500 list ranks the nations leading entrepreneurial firms according to sales growth during the previous five years. Cardtronics, ranked 82nd, achieved a strong 1,742 percent growth from $3.7 million in net sales in1998 to $68.8 million in 2002. As of August 2003, the Company already exceeded last years total sales and anticipates another year of strong growth. To be eligible for this years Inc. 500, companies had to be independent and privately held through their fiscal year 2002, have had at least $200,000 in sales in the base year of 1998, and their 2002 sales had to exceed 2001 sales. Inc. verifies all information using tax forms and financial statements from certified public accountants and by conducting interviews with company officials.

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Categories: Payments & Commerce | Payments General
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