In the ranking of innovative business Forbes first got company from Russia

Photo: Ekaterina Kuzmina / RBC

Mail.EN Group was the only Russian company to be included in the top 100 most innovative growing companies in the world by Forbes magazine. The company has occupied 97-e a place, first from the British portal of residential and commercial property Rightmove

Forbes magazine published the ranking of the most innovative growing companies in the world. In the rating included the companies that published financial data for seven years and whose market capitalization of $2-10 billion and the company needs to work in industries about which we know that they invest in innovation.

According to one of the authors of the Executive Director of the leadership Center Massachusetts Institute of technology Hal Gregerson, the rating methodology relies on the ability of investors to identify companies that, as they expect to be innovative now and in the future. The nominees are evaluated on several criteria: sales growth and net profit over the past five years, market capitalization and the “innovation prize”. The latter figure is the difference between the market capitalization of the company and the current net value of cash flows from existing businesses. Gregerson, explains that this is the premium that investors give based on their expectations about how the company will grow and profit.

According to Forbes, most innovative, and growing company in the world was the project of Rightmove, launched in 2000, originally in London. He offers residential and commercial property in the UK. Clients include realtors, developers of new homes, sales agents of foreign houses. In the ranking of Forbes indicated that the Rightmove market capitalization was $4.6 billion, and “innovation award” and 91.4%. The company’s sales on average grew annually by 14.6%, and revenues by 19.3%. However, in the middle of the day may 18, Rightmove capitalization on the London stock exchange were lower at $3.85 billion.

Second place in the ranking took the company Dexcom of San Diego, which develops and sells medical devices, for example for glucose monitoring. They are intended for outpatient treatment and for use by medical professionals in a hospital for patients with diabetes and without diabetes. “Innovation award” this project is of 88.3%. In third place is the British multi-brand online retailer ASOS, which sells clothes and accessories. Its “innovation award” is 85.2%. The five most innovative were also a developer and manufacturer of insulin infusion system Insulet Corp. (Of 83.1%) and M3 providing medical services via the Internet (81.5 per cent).

The only Russian company included in the top 100, became an Internet holding Mail.Ru Group. It is located on 97th place with the “innovation award” at 58.3%. “For us the important fact of joining in this rating, said RBC General Director Mail.Ru Group Boris Dobrodeyev. — An assessment of long-term work on development of our services and products enjoyed by millions of people around the world and our activity in the field of M&A IT projects. Pleased that Russian companies become visible on the global market of modern technology”.

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