A lagging local economy compounded by a crushing global pandemic didn't stop nine Edmonton companies from growing revenue by at least 50% over the last three years and qualifying for the 2021 Report on Business list of Canada's Top Growing Companies.
Health service providers, tech-based firms, frozen food manufacturers, and recreation equipment retailers were among the Edmonton companies that made it onto The Globe and Mail's ranking of 448 companies with at least $2 million in annual revenues.
CarePros, with more than 190 employees and revenues of $2 million to $5 million, scored highest at 29th with growth of 2,082% over three years. The company, founded in 2016 by Charles Wong to primarily serve Stollery Children's Hospital patients, now offers care services for children and youth with special needs.
Mattress maker GoodMorning.com was in the 101st spot with three-year growth of 550%. "We're ecstatic to be recognized as one of Canada's Top Growing Companies for a second year in a row," founder and CEO Sam Prochazka said in a news release.
Jobber's 433% revenue growth placed the business management software provider for small home-service companies at 122 on the list. The company, founded by Sam Pillar, now has 309 employees and revenue in the $50- to $75-million range.
Publicly traded Bitcoin Well, the operator of almost 200 bitcoin ATMs across Canada and online cryptocurrency services, boosted revenue by 254% to be ranked at 172. "It is truly an honour to be included among the upper half of Canada's Top Growing Companies for 2021," CEO Adam O'Brien said in a news release.
Frozen Indian cuisine manufacturer Aliya's Foods Ltd. raised revenues 101% to rank 315th. The 245-employee company started in 2000 making samosas in Sherwood Park and now ships Chef Bombay appetizers and meals across North America from its 4,180-square-metre facility.
LED Smart Inc. ranked No. 367 with an 82% revenue gain. The 68-employee company provides lighting systems for transportation, military, and horticultural applications.
Three other Edmonton firms posted revenue growth of 67%: Insight Psychological (No. 398), Keeran Networks (No. 402), and Sundance Ski & Board Shop (No. 425).