Blackline Safety Named One of Canada’s Top Growing Companies for Sixth Consecutive Year
Three-year revenue growth of 161% propels company up 69 spots, making Blackline Calgary’s only tech company to rank six years running
CALGARY, Canada, September 27, 2024--(BUSINESS WIRE)--Blackline Safety Corp. (TSX: BLN), a global leader in connected safety technology, today announced that it has been named to the Globe and Mail’s 2024 Report on Business ranking of Canada’s Top Growing Companies for the sixth consecutive year.
Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth. Blackline Safety earned its No. 252 spot with a three-year revenue growth of 161%, a 69-spot increase over its ranking last year. The Company now has devices and services in over 75 countries, protecting over 165,000 workers worldwide.
Blackline Safety is one of only three Western Canadian companies that has made the list every year since its inception, and is the only Calgary tech company named to the list all six years. Earlier this month, the company released its Q3 2024 financial results, achieving its 30th consecutive quarter of year-over-year growth and positive EBITDA, driven by strong service revenue and growth in every market around the world.
"Being ranked one of the fastest growing companies in Canada for six years in a row demonstrates the strength of the Blackline team, our revenue model and the value the Blackline platform brings to meeting the safety challenges of our customers around the world," said Cody Slater, CEO and Chair, Blackline Safety.
"Blackline’s cloud-connected products and services have revolutionized the industry, setting the new standard for industrial safety. What we do is driven by our mission to make sure every worker has the confidence to do their job and return home safe at the end of their day. As more and more companies look to adopt our services to keep their people safe, we look forward to placing on this list for many years to come," Slater concluded.
Canada’s Top Growing Companies is an editorial ranking that was launched in 2019. It aims to celebrate the boldest entrepreneurial achievement by identifying and bringing the accomplishments of innovative businesses in Canada to the forefront.
The full list of 2024 winners along with editorial coverage is published in the October issue of Report on Business magazine. The list is out now and online here.
About Blackline Safety: Blackline Safety is a technology leader driving innovation in the industrial workforce through IoT (Internet of Things). With connected safety devices and predictive analytics, Blackline enables companies to drive towards zero safety incidents and improved operational performance. Blackline provides wearable devices, personal and area gas monitoring, cloud-connected software and data analytics to meet demanding safety challenges and enhance overall productivity for organizations with coverage in more than 100 countries. Armed with cellular and satellite connectivity, Blackline provides a lifeline to tens of thousands of people, having reported over 250 billion data-points and initiated over eight million emergency alerts. For more information, visit BlacklineSafety.com and connect with us on Facebook, X (formerly Twitter), LinkedIn and Instagram.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240927826458/en/
Contacts
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Jason Zandberg, Director, Investor Relations
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