ADFLOW Networks of Burlington, Ont., a leading provider of Web-hosted digital signage and interactive kiosk technology, has been named to the 21st annual PROFIT 100 ranking of Canada’s Fastest-Growing Companies by PROFIT magazine.
ADFLOW provides Digital Media Management technology that delivers dynamic marketing messages to digital and interactive displays with an innovative single Web-based application. It offers SaaS to private retail networks, ad-pay networks, sales assist kiosks and customer loyalty kiosks.
Remember that back in Dec./08, DailyDOOH had the foresight to name ADFLOW as one of the 10 companies to watch in 2009? We were right. The company ranked 46th in PROFIT’s annual list recognizing the achievements of Canada’s entrepreneurial elite.
PROFIT’s ranking of Canada’s fastest-growing companies is by five-year revenue growth. Between 2003 and 2008, ADFLOW recorded a total growth of 1,615% with a 2008 revenue of CA$3,429,663.
The PROFIT 100 profiles the country’s most successful growth companies in the June issue of PROFIT and online at PROFIT100.com, celebrating entrepreneurial achievement in Canada. On average, 2009 PROFIT 100 companies grew their revenue by 2,262% over the past five years.
“This award is a tribute to the loyalty and on-going support of our customers, the commitment of our employees and the strategic vision our company has maintained from the beginning.” says David Roscoe, ADFLOW’s CEO.
ADFLOW Networks has over a decade of in-store experience and offers patented technology that is innovative, scalable and simple to use. Among its many clients are Canadian Tire Financial Services, Koodo Mobile, Office Max, and The Nuance Group. The majority of its business is in Canada, with about 26% in the U.S., where it has an office in Chicago.
“The PROFIT 100 are an inspiration to entrepreneurs at all stages of growth, from startup to major corporation,” says Ian Portsmouth, editor of PROFIT. “Their business practices and product innovations are exemplary of how businesses can succeed in uncertain times.”
Published six times a year by Rogers Publishing Ltd., PROFIT is distributed almost exclusively to the chief executives of companies with 5 to 250 employees and annual revenue of CA$1 million to $25 million, reaching 306,000 readers across Canada.