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Fastest-growing small companies
From Fortune Small Business: Health care still rules, and oil has come on strong, but this year's unlikely winner is ... manufacturing?

The companies you are about to meet represent the fifth graduating class of the annual FSB 100. They have been screened just as the others were: Zacks, a financial research firm, identified companies with annual revenue of less than $200 million and a stock price of more than $1 and ranked them based on the past three years' earnings growth, revenue growth, and stock performance. We excluded banks and real estate firms, which would otherwise overrun the list.

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Last updated Apr 13 10:00
Rank Company (Ticker symbol) Current
share price
Employees Revenues
(in millions)
39 CREDO Petroleum (CRED) $9.70 11 10.3
26 Royal Gold (RGLD) $49.68 15 24.1
19 Panhandle Royalty (PHX) $23.39 16 28.1
84 Penn Virginia Resource (PVA) $27.77 32 75.6
54 Nevada Gold & Casinos (UWN) $0.80 35 6.6
67 Carrizo Oil & Gas (CRZO) $23.18 38 51.4
24 Image Sensing Systems (ISNS) $12.77 38 10.8
42 SS&C Technologies (SSNC) $16.46 42 95.9
3 Ngas Resources (NGAS) $1.61 62 48.0
70 Escalon Medical (ESMC) $1.43 64 19.2
47 CPI Aerostructures (CVU) $8.31 67 30.3
57 Ikonics (IKNX) $6.94 69 13.7
76 Optelecom (OPTC) $2.40 70 19.4
97 Educational Development (EDUC) $6.20 72 30.6
96 Lifeway Foods (LWAY) $10.97 75 16.3
72 Orbit International (ORBT) $3.78 104 18.0
16 Technology Research (TRCI) $5.30 110 30.6
88 Acme United (ACU) $11.28 110 43.4
29 Parlux Fragrance (PARL) $2.32 120 94.1
68 Innovative Solutions (ISSC) $5.93 129 56.6
20 CCA (CAW) $6.26 138 61.5
45 Friedman Industries (FRD) $6.13 144 177.9
100 Rocky Mt. Chocolate (RMCF) $9.29 185 23.6
93 Exactech (EXAC) $19.43 190 81.8
60 Primeenergy (PNRG) $26.80 196 63.6
82 Hi-Tech Pharmacal (HITK) $23.13 200 60.3
21 Merge Technologies (MRGE) $2.46 200 37.0
4 J2 Global Communications (JCOM) $23.75 202 106.3
12 TOR Minerals (TORM) $4.69 203 30.5
78 National Research (NRCI) $25.39 205 29.7
25 Clinical Data (CLDA) $19.09 218 59.4
40 American Vanguard (AVD) $8.02 229 150.9
11 Reliv (RELV) $2.85 238 97.0
83 Ebix (EBIX) $16.85 239 20.0
61 Natural Alternatives (NAII) $8.00 243 88.9
1 Taser (TASR) $5.43 249 67.7
95 Nobility Homes (NOBH) $10.44 250 50.0
17 Stratasys (SSYS) $25.10 250 70.3
52 Shuffle Master (SHFL) $8.39 258 84.8
77 Kensey Nash (KNSY) $22.12 300 62.4
94 Span-America Medical (SPAN) $18.95 312 49.2
5 eResearch Technology (ERES) $6.61 353 109.4
41 Quality Systems (QSII) $65.30 367 82.2
80 Meridian Bioscience (VIVO) $19.29 385 80.3
85 Peet's Coffee & Tea (PEET) $37.73 389 145.7
35 Video Display (VIDE) $5.14 404 82.4
18 Coast Distribution (CRV) $4.38 405 171.8
71 Birner Dental (BDMS) $16.87 475 31.9
31 Websense (WBSN) $24.11 479 111.9
23 Applied Signal (APSG) $19.33 498 142.8
66 QEP (QEPC) $13.05 500 166.4
51 Immucor (BLUD) $20.90 531 122.8
90 Ansys (ANSS) $43.97 550 134.5
91 Allied Motion Technologies (AMOT) $4.13 550 62.7
6 Sonic Solutions (SNIC) $10.78 600 72.3
55 Sun Hydraulics (SNHY) $27.05 678 94.5
62 Cantel Medical (CMN) $19.63 701 178.5
56 Lifetime Hoan (LCUT) $13.48 714 189.5
81 Oil-Dri (ODC) $20.00 781 183.3
86 Lojack (LOJN) $4.23 800 145.7
92 Raven Industries (RAVN) $28.46 850 157.7
74 Gulf Island Fabrication (GIFI) $21.17 1050 173.9
46 Rocky Shoes & Boots (RCKY) $9.60 1091 132.3
89 Core Molding Technologies (CMT) $5.81 1094 110.7
64 Bio-Reference Labs (BRLI) $45.73 1167 136.2
65 Sigmatron (SGMA) $6.00 1250 107.5
99 Merit Medical Systems (MMSI) $15.41 1307 151.4
10 Diodes (DIOD) $22.72 1370 185.7
79 Tyler Technologies (TYL) $18.81 1400 172.3
34 Par Technology (PTC) $6.74 1411 174.9
38 Amrep (AXR) $13.96 1440 132.8
98 II-VI (IIVI) $33.05 1502 163.5
87 Strayer Education (STRA) $242.17 1691 183.2
59 Monarch Casino (MCRI) $9.28 1800 139.9
53 First Cash Financial Services (FCFS) $22.12 1822 179.8
44 J. Alexander's (JAX) $4.50 2650 122.9
Source: Thomson/First Call
FSB magazine, July/August 2005


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