FASTEST-GROWING COMPANIES: On stable ground

(Stock image)

Published on May 16, 2011

Published on May 15, 2011

Krystle Chow

Local firms demonstrate rapid, sustained growth

For many of the firms on this year’s Fastest Growing Companies list, staying power is the name of the game.

These stalwarts have demonstrated sustained growth and are making their second, third, or even fourth appearance. And along with several fresh entrants offering products and services for a wide variety of uses – including the 3D movie industry, construction, and social media – this year’s crop shows an Ottawa that’s starting to build a diverse economy, with success stories from different life stages and markets.

What’s more, not only are these companies growing at a brisk pace, but they’re also all on strong financial footing – they’re either currently profitable, or have achieved profitability in the past and are now taking an aggressive approach to investing in their firms’ further growth.

As well, all share in common a drive to innovate within their respective industries, while working closely with customers’ ideas and needs, whether that means providing customized technologies, or being their own best clients to better understand what people using their products and services require.

All Fastest Growing Companies honourees are headquartered in the National Capital Region and have demonstrated revenue growth and positive cash flow over the past three years. In year one, the companies had a minimum revenue of $100,000 and by year three, a minimum of $1 million.

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