CALGARY, Alberta–(BUSINESS WIRE)–Blackline Safety Corp. (TSX.V: BLN), a world chief of gasoline detection and linked security options, has been ranked No. 145 on the 2020 Report on Business rating of Canada’s Top Growing Companies, which ranks Canadian firms on three-year income progress. Blackline achieved its rank on Canada’s Top Growing Companies checklist, which is produced by one in all Canada’s foremost information media firm The Globe and Mail, with three-year income progress of 316%.
“The stories of Canada’s Top Growing Companies are worth telling at any time, but are especially relevant in the wake of COVID-19 pandemic,” says James Cowan, Editor of Report on Business journal. “As businesses work to rebuild the economy, their resilience and innovation make for essential reading.”
“Our steady growth in cloud-connected safety technology over the last several years reflects the strength of our team, our revenue model and the value we bring to our customers across the world,” mentioned Cody Slater, CEO and Chairman of Blackline Safety. “As our global communities continue to face challenges caused by COVID-19, we are committed to helping our customers navigate new and emerging workplace safety concerns. Despite the impacts of the pandemic, we continue to see growth resulting from our innovative products and services and plan to leverage our strong market position to further expand into connected worker technologies and data science.”
Just final week, Blackline announced record third quarter revenue of $9.4M for the quarter ended July 31, 2020. The firm’s continued progress in whole income was pushed by recurring serve income, which jumped 44% over the prior 12 months’s quarter. Additionally, Blackline announced earlier this month the closing of a bought deal private placement for gross proceeds of $36M. This capital will propel the corporate into its subsequent part of progress with investments into new core merchandise, its cloud-based platform and its Blackline Vision Data Science providing, amongst different initiatives.
“Any business leader seeking inspiration should look no further than the 400 businesses on this year’s Report on Business ranking of Canada’s Top Growing Companies,” says Phillip Crawley, Publisher and CEO of The Globe and Mail. “Their growth helps to make Canada a better place, and we are proud to bring their stories to our readers.”
Alongside different Canada’s Top Growing Companies award winners, Blackline can be featured within the October print Issue of Report on Business and on-line at www.tgam.ca/TopGrowing. To find out about Blackline Safety and its portfolio of linked security options, go to www.blacklinesafety.com.
About Blackline Safety: Blackline Safety is a world linked security chief that helps to make sure each employee will get their job carried out and returns residence secure every day. Blackline supplies wearable security expertise, private and space gasoline monitoring, cloud-connected software program and information analytics to satisfy demanding security challenges and enhance productiveness of organizations in additional than 100 nations. Blackline Safety wearables present a lifeline to tens of 1000’s of women and men, having reported over 100 billion data-points and initiated over 5 million emergency responses. Armed with mobile and satellite tv for pc connectivity, we make sure that assist is rarely too far-off. For extra data, go to BlacklineSafety.com and join with us on Facebook, Twitter, LinkedIn and Instagram.
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