The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Orcoda (ASX:ODA) makes the AFR’s Fast 100 list for 2023, ranked the 54th fastest-growing company in Australia
  • The list comprises the fastest-growing companies that began trading before July 2018 and those who made $5 million in revenue in 2022-23
  • In FY23, Orcoda achieved a total income of $20 million and reported $2 million in underlying EBITDA
  • Notable companies that started as Fast 100 list members include Atlassian, Booktopia, Boost Juice, and Seek
  • ODA shares last traded at 26.5 cents

Orcoda (ASX:ODA) has made the Australian Financial Review’s Fast 100 list for 2023, ranked the 54th fastest-growing company in Australia.

The company announced the achievement was a testament to its commitment to growth, innovation, adaptability, and sustained excellence in providing solutions for people, parcels and goods movement.

The list comprises companies that began trading before July 1, 2018, and those who recorded a minimum of $5 million in revenue for the 2022-23 fiscal year.

Rankings have been based on the compound annual growth rate (CAGR) of revenue over the past three financial years, and are verified by a third party.

“Orcoda’s inclusion in the AFR Fast 100 is a testament to our outstanding performance, driven by organic growth in recurring revenues with major contract wins, strategic partnerships with channel partners such as Teletrac Navman, and the successful acquisitions and integrations of The Betta Group in 2020 and Future Fleet in 2023,” ODA Managing Director Geoff Jamieson said.

In FY23, Orcoda also achieved a total income of $20 million, and reported $2 million in underlying EBITDA, achieving its target of profitable growth.

Notable companies that started as Fast 100 list members include Atlassian, Booktopia, Boost Juice, and Seek. The list is a hallmark of success and a celebration of companies prioritising adaptability and innovation.

ODA shares last traded at 26.5 cents.

ODA by the numbers
More From The Market Online

Weekly Wrap-up: The Headlines That Matter

A list of headlines and economic data that moved markets this week – and what's next.
The Market Online Video

Market Close: ASX200 wraps up the week on a high

The ASX200 closed up nearly half a per cent. Most sectors finished in the green.
The Market Online Video

Webinar: Australia’s Uranium Awakening: Investing in a Glowing Future

Uranium's regained serious value after an extended price depression that resulted from plentiful supplies coupled with…