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Caroline Wiroth

Corality is a BRW 2011 Fast Starter

Corality has been nominated for the BRW 2011 Fast Starter List. The BRW 2011 Fast Starter announcement is the latest milestone in a booming 2011 for Corality and a recognition of our rapid business growth – this year we have extended our service offering, opened up permanent offices in London and Singapore, increased staff by more than 75% and expanded our customer base through a number of prestigious international contracts in Europe, Indonesia and Mali. Our head office in Sydney will also relocate soon to larger premises in the CBD.

BRW 2011 Fast Starter list features Australia’s fastest start-up companies ranked based on turnover 2009-2010. Australian Power & Gas ranked at the top of the BRW 2011 Fast Starter List with a turnover of $130,271,000 (2009-2010) followed by Cozero ($33,594,693, 2009-2010) and Rafferty’s Garden ($28,788,642, 2009-2010). Corality came in on place 93.

Corality’s recipe for success – extended service offering and dedicated team

The BRW 2011 Fast Starter announcement is a testament of how Corality’s extended service offering, broad analytical experience and personal approach are paying off in terms of new projects and clients.

“Corality’s services are similar to those offered by management consulting firms but with a stronger quantitative and analytical focus. Our strength lies in the combination of powerful but yet user-friendly solutions to challenging quantitative projects such as investment assessments, risk analysis, cashflow forecasting and the automation of operational procedures.

Corality analytical consultants come from backgrounds in banking, corporate finance, strategy, accounting, IT, mathematics, engineering and physics. This is the key to our success – without our dedicated team we would not be where we are today.” Rickard Warnelid, Managing Director

About the BRW Fast Starter award

The quality of the BRW 2011 Fast Starters was as high as ever as businesses and entrepreneurs presented the solid business practices required to deliver growth in a downturn.

For entrepreneurs and start-up businesses to have qualified, they must:

  • Have commenced trading after June 30, 2006.
  • Have reported at least two fiscal years of revenue.
  • Have revenue of more than $500,000 in 2009-10.
  • Revenue for 2009-10 must be more than in 2008-09 
  • Have 200 or fewer full-time employees. 
  • Have more than one main customer  
  • The bulk of revenue must not come from government grants or other start-up funding.
  • Be Australian-owned, not a subsidiary of a multinational.
  • Privately owned companies must have revenue figures verified by an external accountant or auditor.

Corality congratulates all BRW 2011 Fast Starter nominees. We look forward to celebrate our award with our clients shortly and to work hard to secure a spot on next year’s BRW FAST 100 List.

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