British Columbia’s top 100 public companies didn’t skip a beat over the past year despite the pandemic that shook the global economy.
Average revenue for the top 100 has remained essentially the same over the past three years, hovering around $1 billion. While average revenue grew only 0.5% over the past year, that was a significant improvement compared with the 0.8% decline during the previous year.
Median revenue did not reflect the same boost. It fell 7.4% to $177.7 million in 2020 from $191.8 million in 2019. This suggests that revenue for smaller companies lower on the list declined while the revenue generated by their larger counterparts grew.
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