Q4 Named one of PROFIT Magazine’s HOT 50
Q4 was recently named as one of Canada’s Emerging Growth Companies by PROFIT Magazine, as part of the 10th annual PROFIT HOT 50 ranking and awards program.
Canada’s Emerging Growth Companies are a tiny elite. Most of the tens of thousands of businesses launched each year in this country fail within a few years. Even among the survivors, only a precious few expand at anything close to the blistering pace of the PROFIT HOT 50, whose revenue growth averaged 1,007% over the past two years.
In spite of sectoral downturns, qualified worker shortages, prospects’ reluctance to buy from a young firm, and currency fluctuations, every HOT 50 firm at least doubled its revenue from 2006 through 2008, and 13 grew by at least 1,000%. The extraordinary performance of the PROFIT HOT 50 goes beyond the top line. Fully 70% were already in the black in 2008.
I’m glad to announce that Q4 has been selected by the Branham Group and Backbone magazine as one of the