It takes a generous amount of business savvy and a whole lot of guts to build a sustainable business today. Even long-established firms risk being paralyzed by rapidly shifting business trends, a lofty loonie and an increasing talent shortage. But the leaders of PROFIT's 9th annual HOT 50 ranking of Canada's Emerging Growth Companies have proven that they're not afraid to take risks; nor is there much that can hold them back. They've not only found the right recipes to grow their fledgling firms in the face of uncertainty, they're thriving in it.
This next generation of entrepreneurial stars are less than five years old but shows the business smarts of companies many times their age. They have achieved average two-year revenue growth of 756%, with all of them at least doubling their sales over the past two years; five of these winning businesses have recorded growth rates in excess of 2,300%. And despite the up-front costs and market anonymity young companies endure, fully 74% of this year's HOT 50 turned a profit in their most recent fiscal year. What's their secret?
How to use our tables
The PROFIT HOT 50 ranks the top 50 young businesses in Canada by 2-year revenue growth.
Clicking on a company's name will take you to a profile with all our information about that firm. Each profile also features an Inside Track with further details on the company's business.
The tables can be sorted in ascending or descending order by clicking on the name of the column that interests you.
The PROFIT HOT 50 tables and profiles can be emailed, printed out in a printer-friendly format, or downloaded as a spreadsheet.
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Enter the 2009 PROFIT HOT 50
The PROFIT HOT 50 offers a fantastic opportunity to generate new business, new alliances and valuable media exposure. Don't miss this chance to join the growth stars and celebrate your hard-earned success.
Overview: Canada's hottest startups
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No. 1 profile: Going for brokers
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Built for fast
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