Tag Archives: IQ Formulations Inc 5000

IQ Formulations Named to Inc. 5000 for Second Year

IQFormulations / August 14th 2015 / No Comments

For the second consecutive year, IQ Formulations was named to Inc. Magazine’s Inc. 5000 list, distinguishing it as one of the nation’s fastest growing companies. The South Florida-based company ranked at #572 nationally by growing over 800 percent and creating dozens of quality jobs in the region over the past several years.

IQ Formulations is honored to once again receive this elite recognition and is looking forward to further growth in the region and expansion of its line of top-quality products.

Below is the link and full text of the recently issued press release from IQ Formulations announcing this exciting news:

http://www.prweb.com/releases/inc-5000/iq-formulations/prweb12901023.htm

South Florida’s IQ Formulations Named to Inc. Magazine’s 5000 Fastest Growing Private U.S. Companies for Second Consecutive Year

For the second year in a row, IQ Formulations of Tamarac, Florida, was named one of the 5000 fastest growing private companies in the country by Inc. Magazine. After five years of experiencing explosive growth and creating dozens of jobs in South Florida, IQ Formulations is proud to receive this recognition as it looks ahead to continued expansion.

Tamarac, FL (PRWEB) August 12, 2015

IQ Formulations, a top national health and nutritional supplement company based in South Florida, today was named one of the fastest growing private companies in the United States by Inc. Magazine, ranking at 572 nationally. Continuing its rapid expansion, IQ Formulations grew by more than 800 percent over the past three years and was named to the renowned Inc. 5000 list for the second consecutive year.

Headquartered in Tamarac, Florida, IQ Formulations grew its revenues of $1.2 million in 2011 to nearly $11 million in 2014. When the company was founded in 2010 it did just $150,000 in revenue before growing by an astounding 5,486% to achieve 2013 revenues of $8.3 million.

In addition to its exponential revenue growth over the recent years, the innovative company has created dozens of jobs in South Florida. It expects to continue adding to its workforce as demand for its top-quality products soars.

“It is a great honor for all of us here at IQ Formulations to be recognized by Inc. Magazine as one of the nation’s fastest growing privately held companies for the second year in a row,” said IQ Formulations CEO Jay Cohen. “This prestigious award and our incredible growth are true testaments to the fact that customers love our commitment to producing and delivering top-quality products that enhance and improve people’s lives.”

Born and raised in South Florida, IQ Formulations CEO Jay Cohen is deeply dedicated to the region and he strongly believes in giving back to the community. For years, IQ Formulations has made generous charitable contributions to a variety of local organizations and other national non-profits.

Cohen added: “I am extremely grateful to my family for being such a huge source of support for me on this journey. I would also like to thank everyone on the IQ Formulations team for the hard work, dedication and passion they bring to work every day, as well as our business partners and our customers. In the years to come I look forward to continuing our growth here in South Florida, developing additional products, elevating the standards in our industry and propelling IQ Formulations to new heights.”

IQ Formulations CEO Jay Cohen will be formally honored by Inc. Magazine in October at an awards ceremony in Orlando, Florida.

To learn more about IQ Formulations and its placement in the Inc. 5000, please visit: http://www.inc.com/profile/iq-formulations

About IQ Formulations

IQ Formulations is one of the most highly regarded and fastest growing health and nutritional supplement companies in the U.S. Founded by industry veteran and IQ Formulations CEO Jay Cohen, IQ Formulations is headquartered in Tamarac, Florida. The company has become an industry leader known for its uncompromising commitment to professional facilities, top-quality products with amazing results, and superior customer service. Learn more at iqformulations.com.

IQ Formulations in the South Florida Business Journal

IQFormulations / August 22nd 2014 / No Comments

IQ Formulations was featured in the South Florida Business Journal yesterday. The company was highlighted for its inclusion in the Inc. 5000 list of the nation’s fastest-growing private companies.

The article discussed the amazing growth of IQ Formulations over the past several years, and also included a quote from IQ Formulations CEO Jay Cohen.

Check out the full article below:

http://www.bizjournals.com/southflorida/news/2014/08/20/inc-5000-meet-the-120-south-florida-companies-that.html

Inc. 5000: Meet the 120 South Florida companies that made the list

Celia Ampel
Reporter-South Florida Business Journal

More than 100 companies made the cut for the Inc. 5000 fastest-growing private companies in America list, with two local companies named among the 50 fastest-growing ones in the nation.

Miami-based car-dealership marketing firm Showroom Logic came in at No. 26 nationally, topping the magazine’s list of South Florida companies by increasing revenue to $13.4 million in 2013 from $157,259 three years before.

IQ Formulations, a nutritional supplement company, ranked No. 50 in the U.S. The Sunrise-based company reached $8.2 million in 2013 revenues, compared to $148,037 in 2010.

“I look forward to many more years of continued success and expansion in South Florida as we help men and women achieve their fitness goals and constantly strive to raise the bar in our industry,” IQ Formulations CEO Jay Cohen said in a statement.

The companies each added several jobs in the past three years: Showroom Logic grew from four employees to 86, and IQ Formulations went from two employees to 33. IQ Formulations will move to a 40,000-square-foot facility in Tamarac in the fall.

View the attached gallery to learn which 120 companies made the list. Click here.

IQ Formulations Featured in The Miami Herald

IQFormulations / August 21st 2014 / No Comments

IQ Formulations was highlighted in The Miami Herald yesterday for its inclusion in the renowned Inc. 5000 list. IQ Formulations came in at the Number 50 spot for its astonishing 5,486 percent growth over the past three years.

Check out the full article below:

http://www.miamiherald.com/2014/08/20/4299290/122-south-florida-companies-make.html

122 South Florida companies make Inc. 5000 list

BY NANCY DAHLBERG
NDAHLBERG@MIAMIHERALD.COM

Inc. magazine unveiled its annual list of fastest-growing private companies in America on Wednesday, and 122 companies from the Miami metropolitan area made the cut.

Showroom Logic, a 90-employee company in Miami founded in 2009, came in at No. 26 with 8,449 percent growth in the past three years and $13.4 million in 2013 revenue. Showroom Logic offers software tools and customized advertising programs for the auto industry, including its AdLogic platform built from the ground up specifically for car dealers.

IQ Formulations, a Sunrise maker of nutritional supplements for sports and fitness enthusiasts, was No. 50 with 5,486 percent three-year growth and $8.3 million 2013 revenue. The company was founded in 2010 and has 35 employees, according to Inc.

Other Miami companies that ranked particularly high: Acordis International of Miramar (No. 71), LogoUp.com of Pompano Beach (no. 80), MobileHelp of Boca Raton (111), SmackTom.com of Miami (125); CareCloud of Miami (127) and 3A/Worldwide of Miami (175). See the full list of Miami area companies here.

For only the second time in the 33-year history of the Inc. 5000, the No. 1 company was a repeat winner. Children’s tablet maker Fuhu, based in El Segundo, Calif., reported a jaw-dropping 158,956.9 percent sales surge over the past three years, Inc. said.