Ambit Energy Named One of Inc. Magazine’s Fastest-Growing Private Companies for Second Year in a Row
Energy provider is the second-highest revenue producer on the list with $417M for 2010
DALLAS – August 23, 2011 – Ambit Energy, a leading national retail energy provider based in Dallas, announced today that the company was named for the second year in a row to Inc. magazine’s annual Inc. 500, an exclusive ranking of the nation’s fastest-growing private companies. This year, the company ranked #390 based on revenue growth from 2007 through 2010. Ambit Energy was one of only 19 Inc. 500 companies who exceeded $100 million in revenue in 2010.
With a three-year revenue growth of 867 percent, Ambit Energy had the highest revenue and comprised 45 percent of the $920.8 million in total revenues of all ranked energy companies. In 2010, Ambit Energy made the list for the first time since the company was founded in 2006, and was recognized as the #1 fastest-growing private company with a three-year sales growth between 2006 and 2009 of 20,369 percent.