Scottsdale-based Vemma Nutrition, which produces a liquid nutritional supplement and other related products, has seen its revenue growth spurt continue.
Last year it was 10th on the ACE Fastest-Growing Cos. list and this year it was No. 1 when the Phoenix Business Journal published the list today.
The ACE (Arizona Corporate Excellence) lists are researched and compiled by accounting firm CliftonLarsonAllen LLP. The Fastest-Growing Cos. list is ranked using a proprietary formula based on revenue growth over a two-year period. Both actual dollar growth and percentage growth are used to compute the score, with 500 points being the highest possible score.