PROFIT 500

#82 Years on PROFIT 200: 5

iWeb Group Inc.

Managed web-hosting services

Inside track

Took itself private in June 2011 after finding that going public had helped it boost revenue rapidly but had substantially reduced its profits

Company Profile

Founded: 1996 Chief Executive(s): Eric Chouinard  
Website: www.iweb.com Head Office: Verdun, Que.  

Company Financials

Growth 2006-11 (%): 605 Revenue 2011: 35,521,064 Revenue 2006: 5,037,263*
Profit Margin 2011: Loss Employees 2011: 182 Employees 2006: 68
Exports as % of Sales: 72 Reporting $: USD  

*CONVERTED FROM CANADIAN DOLLARS