Definition of Gazelle company:
According to the original technical definition, a gazelle company is a high-growth company that has been increasing its revenues by at least 20% annually for four years or more, starting from a revenue base of at least $1 million.
A company having an annual growth rate of 20 percent or more as measured in sales revenue. Typically, these are small publicly traded companies that have sustained this growth for each of the past four years, beginning with sales of at least $1 million. Also, gazelle companies usually are known for creating many new job opportunities.
The rapid growth pace means that the company has more than doubled its revenues over a four-year period. As gazelle companies are characterized by fast sales growth, rather than their absolute size, they can range in size from small companies to very large enterprises, though a majority of them are on the smaller end of the scale. Many gazelles are publicly-traded companies, meaning investors can buy and sell their shares.
How to use Gazelle company in a sentence?
- Gazelle companies are also known for jobs creation and are credited for being among the best sources of new employment for the economy.
- A gazelle company is a young fast-growing enterprise with base revenues of at least $1 million and four years of sustained revenue growth.
- Gazelle companies are often found in the technology industry, but also in retail, apparel, or food and beverage.
- Gazelles in extremely competitive markets eventually see their sales pace decline below 20% and into the single digits.
Meaning of Gazelle company & Gazelle company Definition