Blackline Safety Corp. (TSX:BLN), a leading global provider of connected safety technology, has achieved a significant milestone by being recognized in the Globe and Mail’s 2024 Report on Business ranking of Canada’s Top Growing Companies for the sixth year in a row. This prestigious ranking highlights the performance of Canadian companies based on three-year revenue growth, showcasing the resilience and innovation of the country’s business landscape.
In this year’s ranking, Blackline Safety secured the No. 252 position, reflecting an impressive three-year revenue growth of 161%. This achievement marks a remarkable 69-spot leap from its previous year’s ranking. The Company has significantly expanded its footprint, with devices and services now operational in over 75 countries and safeguarding more than 165,000 workers globally.
Notably, Blackline Safety is one of only three companies from Western Canada to have consistently made the list since its inception, and it stands out as the only tech company from Calgary to achieve this six-year streak. Earlier this month, the Company also released its Q3 2024 financial results, highlighting its 30th consecutive quarter of year-over-year growth and positive EBITDA, driven by robust service revenue and expansion in all global markets.
Cody Slater, CEO and Chair of Blackline Safety, expressed pride in the Company’s achievement, stating, “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.”
Under Slater’s leadership, Blackline Safety has pioneered cloud-connected products and services that have transformed industrial safety standards. The Company’s mission is clear: to ensure that every worker has the confidence to perform their job and return home safely at the end of the day. As demand for innovative safety solutions continues to rise, Blackline is poised to maintain its growth trajectory and expand its impact on workplace safety.
Canada’s Top Growing Companies ranking, launched in 2019, celebrates the entrepreneurial spirit and innovative achievements of Canadian businesses. By identifying and highlighting the accomplishments of these companies, the ranking aims to inspire and encourage further growth and innovation in the Canadian economy.
The full list of the 2024 winners, along with editorial coverage, is featured in the October issue of Report on Business magazine and is available online. The recognition not only reinforces Blackline Safety’s position in the industry but also showcases the potential for growth within Canada’s technology sector.
As Blackline Safety continues to expand its services and enhance its technological offerings, stakeholders and industry watchers will be keen to see how the Company capitalizes on its momentum. With a steadfast commitment to safety and innovation, Blackline is well-positioned to remain a leader in connected safety technology, ensuring the well-being of workers around the globe.
In summary, Blackline Safety’s inclusion in Canada’s Top Growing Companies for six consecutive years underscores its remarkable growth and the critical role it plays in advancing workplace safety. As it continues to innovate and expand its reach, Blackline Safety is set to make an even greater impact in the years to come.