iWeb Communities: Blog

We are proud to announce our entrance into the PROFIT 100 ranking as one of the Canadian companies with the strongest revenue growth over the past 5 years.

From 2002 to 2007, our revenues have gone from 1.35 million to 9.82 million as of October 1st 2007, an increase of 627%; enough for iWeb to make its entry into the 100th position on the annual ranking.

The increase in revenue is not necessarily the measure of our success, but rather the cumulative result of all our successes combined. Our listing on the Toronto Stock Exchange (TSX-Venture) in 2004 has been an important milestone in this development.

iWeb has transformed itself a lot since 2002. In 5 years we have gone from 19 to 104 employees, from 500 square feet of web hosting facilities to more than 52 000 square feet in three datacenters, including the opening of a carrier-neutral colocation facility on Nun?s Island in May 2008. Growth management has become as important as technological management.

The PROFIT 100 is the annual ranking which rates the top 100 Canadian companies based on the percentage of their revenue growth over a 5-year span. Produced by the business magazine PROFIT, 2008 marks the 20th edition of the ranking. The complete list will be published in the June edition, as well as on the website: www.profit100.com

Read the complete press release here.