Canadian Business has published their Growth 500 list – the Complete Ranking of Canada’s Fastest-Growing Companies.
These are the 500 fastest-growing companies in Canada, measured by their revenue growth over the last five years.
The 2019 list is diverse: they represent a vast array of industries, regions and size. But in one variable they are firmly united: each has demonstrated aggressive—often, exponential—revenue growth.
A number of Vancouver-based tech companies are recognized in this year’s cohort of entrepreneurial superstars including Article who grabbed the #1 spot for the second year in a row.
With revenue over US $100 million in 2018, online furniture retailer Article has experienced 5-year revenue growth of 24,182%. That’s a lot of coffee tables.
The Top 500 also include the following tech companies from Vancouver:
#8 – Pixieset – 8,555%
#11 – Progressa – 6,909%
#38 – Daily Hive – 1,952%
#71 – Canada Drives – 1,330%
#83 – Unbounce – 1201%
#156 – RYCOR – 584%
#174 – PageFreezer – 520%
#175 – Appnovation – 520%
#184 – Copperleaf – 494%
#239 – Indochino – 383%
#362 – Advisor Websites – 189%
#381 – Stemcell Technologies – 173%
Applicant firms are ranked based on five-year revenue growth (from 2013 to 2018, or fiscal 2014 to 2019).
Companies are shortlisted based on revenue figures supplied on a brief self-nominating ballot, then verified revenue claims and eligibility through detailed questionnaires and reviews of applicant-supplied financial statements.
A minimum revenue requirement of $2 million in the most recent fiscal year applied to all companies.