TORONTO--(BUSINESS WIRE)--Canadian Business and PROFIT today ranked Unata, the leading provider of 1-to-1 digital solutions for grocers, No. 49 on the 28th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the October issue of Canadian Business and at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.
Unata is named in the top 50 fastest growing companies in Canada in the 2016 PROFIT 500 list with five-year revenue growth of 1,660%.
This award comes on the heels of a very successful year so far. Unata is on pace to achieve 350% YOY revenue expansion in 2016, following the 700% revenue growth it achieved in 2015. This is thanks to the continued expansion of Unata’s network, with four new retailers already joining so far in 2016, which will bring the retail network to exceed 1,000 supermarket locations by the end of the year.
“Companies become a part of the PROFIT 500 through innovative thinking, smart strategy and sheer grit,” says James Cowan, Editor-in-Chief of PROFIT and Canadian Business. “These firms demonstrate what Canadian entrepreneurs can achieve, both at home and across the globe.”
“We are honoured to be on the PROFIT 500 list along with the country’s most successful growth companies,” says Founder & CEO Chris Bryson. “This achievement is a reflection of the Unata team’s hard work and commitment to building the best possible product for our retailers.”
Unata has also experienced aggressive internal growth having doubled headcount in 2016, with plans to onboard an additional 50 employees by end of 2017. “We’re fortunate to have a large group of dedicated, passionate employees that believe in our collective vision,” says Marc Faucher, COO & CFO. “A big area of focus and investment is towards employee culture, which I believe has played a central role in our success to date.”
