Summary

Formelo Inc

Founded in 2017

Strengths

  • Revenue generated per employee is greater than industry average
  • Demonstrating revenue growth that is faster than the industry average
  • The number of employees is growing faster than the industry average
  • Since Formelo Inc was founded, the company has grown faster than the industry average

Weaknesses

  • Formelo Inc has a very small market share in their industry

Annual Revenue

Formelo Inc's annual revenue

$8262000

Based on Kona Equity data

  • Revenue per employee

    $200000

  • Annual revenue growth since founding

    $1180285

  • Revenue growth rate from first known quarter to current

    58.9%

Employee Count

43 employees

  • Employee growth rate from first known quarter to current

    65.4%

Executives

Niyi Gbodimowo

Ceo

n**@formelo.com

G Score - 4

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G2 Income per employee more than industry average.
  • G3 Revenue growth rate from the first known quarter to current is higher than the industry average.
  • G4 Employee growth rate from the first known quarter to current is higher than the industry average.
  • G6 Annual revenue growth since founding is higher than the industry average.

Location

552 Greens Branch Ln. 
Smyrna, DE  19977

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Key Information

  • SIC: 737; 73
  • NAICS: 5182; 51
Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with Formelo Inc.

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Frequently Asked Questions

Where is Formelo Inc located?

Formelo Inc's headquarters are located at 552 Greens Branch Ln.  Smyrna, DE  19977.


What is Formelo Inc's official website?

Formelo Inc's official website is formelo.com


What is Formelo Inc's revenue?

Formelo Inc's annual revenue is $8.3 M.


What is Formelo Inc's SIC code?

Formelo Inc's SIC: 737; 73


What is Formelo Inc's NAICS code?

Formelo Inc's NAICS: 5182; 51.


How many employees does Formelo Inc's have?

Formelo Inc has 43 employees


What industry does Formelo Inc belong to?

Formelo Inc is in the industry of Computer software.

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