Magis5 was awarded as one of the technology companies with the highest revenue growth in the past year. The company, which acts as a hub automating and integrating e-commerce with major players such as Magazine Luiza and Shopee, is featured in the "Exame Business Expansion 2024" ranking, an initiative carried out in partnership with BTG Pactual.
The ranking is a way to recognize companies that stood out for their efficient management, ability to identify opportunities, new strategies, and resilience in a challenging year. These factors allowed companies to advance in the market, even in an uncertain scenario, elevating their businesses to a new level. This year, 335 companies from 22 states, representing all regions of Brazil, were highlighted in a list that celebrates entrepreneurship in the country.
They were selected based on the year-over-year evolution of Net Operating Revenue (NOR), with those showing the greatest growth being better positioned. For this analysis, the companies submitted documents such as the Income Statement (DRE) and the financial balance sheet, evaluated by PwC Brazil.
“This growth reflects the hard work and dedication of our entire team, as well as the trust of our customers and partners, which only increases our enthusiasm to continue driving the technology sector and reaching new heights,” said Claudio Dias, CEO of Magis5.
After this financial analysis, the companies underwent a compliance check conducted by the BTG, EXAME, and PwC teams, who aimed to identify potential risks. The companies that were approved in these stages were included in the ranking.