iWeb moves up in the 2009 PROFIT 100 ranking with 1128% in revenue growth in 5 years
iWeb has improved its ranking among Canada’s growth leaders, moving up to 85th position from 100th on the Profit100, the annual ranking of Canada’s fastest growing companies based on revenue growth over the past 5 years.
From 2003 to 2008, our revenues have gone from $ 1,384 million to $ 15,616 million as of October 1st 2008. Last year, our 5-year growth totaled 627%, just enough for us to make our way into the 100th position on the annual ranking.
Eric Chouinard said that ”In 2003, shortly before iWeb went public and bought its first data center, we knew everything would become digital. It’s amazing to see how quickly this transition is actually happening!.” He then added “This is a very proud achievement for iWeb. More than anything else, it is the result of teamwork and persistence.”
“Since 2003, we have grown from 15 employees to over 170 today! The fact that many of those original 15 are still involved with iWeb today says a lot about our environment” commented Martin Leclair. “The biggest challenge has been to continue innovating while managing our growth” he adds.
iWeb’s growth, in numbers*:
| 2003 | 2008 | % increase | |
| Employees | 15 | 166 | 1,107% |
| Revenues (in thousands $) | 1,384 | 15,616 | 1,128% |
| Data center square footage (net) | 500 | 59,000 | 11,800% |
| Network Capacity | 100 Mbps (0,1 Gbps) |
59 Gbps | 59,000% |
| Dedicated servers | 200 | 11,000 | 5,500% |
| Co-location cabinets | 4 | 1,012 | 25,300% |
*rounded figures
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, 2009 marks the 21st edition of the ranking. The complete list will be published in the June edition, as well as on the website: http://www.profit100.com
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