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A favourite venue for corporate headquarters, Quebec’s biggest city is also home to a host of innovative, entrepreneurial businesses. Fully a tenth of the names on the 2016 PROFIT 500 ranking of Canada’s Fastest-Growing Companies come from the city and boroughs of Montreal; the city’s top 11 firms all grew revenues tenfold.

The 50 firms headquartered in Grand Montréal on this year’s ranking grew their revenues an average of 825% between 2010 and 2015, creating an additional 3,429 full-time equivalent (FTE) jobs over that period. Collectively they employed 3,902 full-time and 2,777 part-time employees in 2015.

Here is the complete list of Montreal’s Fastest Growing Companies for 2016.

1. IOU Financial

PROFIT 500: No. 8
Head Office: Montreal, Que.
Growth (2010–2015): 5,886%
Revenue (2015): $10–20 million
Employees (2015, full-time equivalent): 77

What it does: Offers online lending to small businesses

2. Kinova

PROFIT 500: No. 16
Head Office: Boisbriand, Que.
Growth (2010–2015): 4,389%
Revenue (2015): $5–10 million
Employees (2015, full-time equivalent): 63

What it does: Develops and manufactures service and assistive robots for people with disabilities

3. Functionalab

PROFIT 500: No. 18
Head Office: Montreal, Que.
Growth (2010–2015): 3,910%
Revenue (2015): $10–20 million
Employees (2015, full-time equivalent): 98

What it does: Develops skin care products and operates cosmetic dermatology clinics

4. EBOX

PROFIT 500: No. 19
Head Office: Longueuil, Que.
Growth (2010–2015): 3,732%
Revenue (2015): $20–50 million
Employees (2015, full-time equivalent): 95

What it does: Delivers high-speed Internet services to consumers and businesses

5. LinkNow Media

PROFIT 500: No. 27
Head Office: Montreal, Que.
Growth (2010–2015): 2,755%
Revenue (2015): $5–10 million
Employees (2015, full-time equivalent): 89

What it does: Develops websites and offers online marketing services to small and mid-sized companies

6. FixMeStick Technologies

PROFIT 500: No. 33
Head Office: Montreal, Que.
Growth (2010–2015): 2,372%
Revenue (2015): $10–20 million
Employees (2015, full-time equivalent): 25

What it does: Produces a device that detects and eliminates computer viruses

7. Spray-Net

PROFIT 500: No. 34
Head Office: Boucherville, Que.
Growth (2010–2015): 2,355%
Revenue (2015): $2–5 million
Employees (2015, full-time equivalent): 73

What it does: Franchises home exterior spray-painting services and manufactures paints and coatings

8. Up Equip

PROFIT 500: No. 47
Head Office: Verchères, Que.
Growth (2010–2015): 1,682%
Revenue (2015): $2–5 million
Employees (2015, full-time equivalent): 9

What it does: Manufactures and distributes aerial access equipment

9. Backstage Commerce (BSC)

PROFIT 500: No. 50
Head Office: Montreal, Que.
Growth (2010–2015): 1,655%
Revenue (2015): $5–10 million
Employees (2015, full-time equivalent): 17

What it does: Manufactures and imports professional hair, beauty and spa products

10. DNE Resources (Dominion Newenergy)

PROFIT 500: No. 67
Head Office: Montreal, Que.
Growth (2010–2015): 1,174%
Revenue (2015): $5–10 million
Employees (2015, full-time equivalent): 155

What it does: Provides energy procurement and efficiency-consulting services

• • • • •

The Next 15:

11. Artika For Living

PROFIT 500: No. 73

What it does: Designs and distributes lighting, plumbing fixtures and climate-control products for the home

12. Promo-Staff Group

PROFIT 500: No. 86

What it does: Produces events and provides promotional staffing

13. GSOFT

PROFIT 500: No. 95

What it does: Develops workplace-efficiency and employee-engagement software

14. A+ Entrepreneurs Généraux

PROFIT 500: No. 110

What it does: Offers construction project-management services

15. Agence Media Équation Humaine

PROFIT 500: No. 122

What it does: Provides digital marketing and data analysis services

16. Spiria

PROFIT 500: No. 145

What it does: Develops websites, software, and mobile and web applications

17. Xpertdoc

PROFIT 500: No. 148

What it does: Provides document management and customer communications software

18. APG-Neuros

PROFIT 500: No. 150

What it does: Manufactures high-speed turbo blowers used in wastewater industry

19. Le Site

PROFIT 500: No. 155

What it does: Offers digital services to business, such as e-commerce optimization and lead generation

20. D2C Media

PROFIT 500: No. 162

What it does: Provides digital design and marketing services to automotive dealers

21. Technostrobe

PROFIT 500: No. 167

What it does: Manufactures obstruction lights for tall structures in the broadcasting, telecommunications, utilities and wind industries

22. Diabsolut

PROFIT 500: No. 172

What it does: Provides IT and software-consulting services

23. Groupe DCM (formerly Sinters America)

PROFIT 500: No. 199

What it does: Manufactures equipment and provides construction services for clients in aerospace, oil and gas, mining and other sectors

24. Maxime Knitting

PROFIT 500: No. 204

What it does: Manufactures textiles for mattress companies

25. Groupe Premier Médical

PROFIT 500: No. 214

What it does: Offers group insurance benefits to companies in Quebec

• • • • •

Other fast-growing companies from Greater Montreal on the 2016 PROFIT 500:

26. Emyode (No. 243); 27. Cesium Telecom (No. 262); 28. Les Enterprises Houle Excavation (No. 271); 29. Dental Savings Club (No. 274); 30. Turbulent (No. 276); 31. Hitek Logistic (No. 280); 32. Coaching Financier Trek (No. 299); 33. RobotShop (No. 320); 34. Stingray Digital Group (No. 345); 35. CloudOps (No. 356); 36. Ergoresearch (No. 371); 37. Vortex Group (No. 374); 38. Delegatus Legal Services (No. 375); 39. Haivision Systems (No. 379); 40. FlagShip Courier Solutions (FCS) (No. 383); 41. Happening.ca (No. 386); 42. Les Entreprises QMD (No. 387); 43. Favuzzi International (No. 389); 44. FX Innovation (No. 404); 45. BTB Real Estate Investment Trust (No. 405); 46. MTL Technologies (No. 408); 47. Premier Service (No. 433); 48. Digico Electronic Manufacturing (No. 436); 49. Physio Extra (No. 467); 50. Polykar (No. 486).

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