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    StartNewsBalancesMagis5 is among the technology companies that have grown the most in revenue

    Magis5 is among the technology companies that grew the most in revenue in Brazil last year

    Magis5 was awarded as one of the fastest-growing technology companies in revenue in the last year. The company, that acts as a hub automating and integrating e-commerces with major players, like Magazine Luiza and Shopee, featured in the ranking "Exame Business in Expansion 2024", an initiative carried out in partnership with BTG Pactual

    The ranking is a way to recognize companies that have excelled due to 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 your business 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 evolution of Net Operating Revenue (NOR) from one year to the next, being better positioned those with higher growth. For this analysis, the companies sent documents such as the Income Statement (IS) and the financial balance sheet, evaluated by PwC Brazil

    This growth reflects the hard work and dedication of our entire team, beyond the trust of our clients and partners, what only increases our enthusiasm to continue driving the technology sector and reach new heights, Claudio Dias stated, CEO of Magis5

    After this financial analysis, the companies underwent a compliance check, led by the BTG teams, EXAME and PwC, that sought to identify potential risks. The companies that were approved in these stages were included in the ranking

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