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


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