PROFIT 200: iWeb among the top 5 Canada’s Fastest-Growing Companies Hail from Quebec
With the Canadian economy apparently mired in a prolonged period of subpar growth, one couldn’t blame business owners for being pessimistic about current opportunities for expansion. But the firms honoured in the PROFIT 200 ranking of Canada’s Fastest-Growing Companies are proof that more than a little optimism is in order.
Released today, the PROFIT 200 is the definitive annual ranking of Canada’s Fastest-Growing Companies by five-year revenue growth. Despite a sluggish economy, the businesses profiled in the pages of PROFIT’s Summer 2011 issue have generated five-year revenue growth averaging an extraordinary 1,464%.
This year, an impressive 28 Quebec-based companies rank on the PROFIT 200. They’re a diversified lot, succeeding in everything from online marketing to manufacturing military gear.
“The PROFIT 200 demonstrate that innovative small and medium-sized businesses operate all across the country,” says Ian Portsmouth, editor-in-chief of PROFIT Magazine. “No matter where they are from, they all have valuable lessons to share on how to drive growth in today’s challenging economy.”
PROFIT 200: the Top 5 from Quebec
| Company | Industry | Headquarters | Growth 2005-10 (%) |
| 1. Xsilva Systems Inc. (#24 overall) | Develops Mac-based retail point-of-sale software | Montreal | 1,902 |
| 2. NVI (#28) | Online marketing agency | Montreal | 1,760 |
| 3. Adviso Conseil Inc. (#32) | Online marketing agency | Montreal | 1,585 |
| 4. Revision Military Inc. (#42) | Manufactures eye, face and head protection for the military | Montreal | 1,260 |
| 5. iWeb Group Inc. (#52) | Managed web-hosting services | Montreal | 1,107 |
For the full ranking and breakdown of the PROFIT 200, visit www.profit200.ca.
See iWeb.com’s official press release: http://blog.iweb.com/en/2011/06/iweb-com-52nd-fastest-growing-company-in-canada/7978.html
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