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Deloitte has announced the winners of its annual Technology Fast 50 ranking of Canadian tech companies, and Montreal menswear brand and online retailer Frank & Oak has taken the top slot. The company hit number one thanks to an impressive four-year revenue growth rate of 18,480%.
The award is given to a Canadian company that has rapid growth and showcases innovative technology, entrepreneurship and leadership. Frank & Oak has grown its business by catering to its customers by offering personalized style advice and curated product offerings online and in its retail stores.
Corvus Energy, based in Richmond, B.C., is in second place, with a four-year growth rate of 16,943%. The company manufactures high-power energy storage systems for marine, energy and port clients. In third place is Amaya, a Point-Claire, Que.,-based online gaming company, which saw 3,645% growth over the last four years.
See the full ranking below, with companies listed according to their four-year revenue growth rates.
|1||Frank & Oak||18480%|
|8||Magnet Forensics Inc.||1154%|
|11||Traction on Demand||1003%|
|26 (tie)||Nulogy Corporation||352%|
|26 (tie)||Avigilon Corporation||352%|
|30||Big Blue Bubble||309%|
|32||Miovision Technologies Inc.||305%|
|33||Vendasta Technologies, Inc.||262%|
|37||Aquatic Informatics Inc.||214%|
|38||CM Labs Simulations||212%|
|39||5N Plus Inc.||209%|
|41||STI Technologies Limited||204%|
|43||Real Estate Webmasters||190%|
|47 (tie)||VIZIYA Corporation||154%|