Geotab ranks no.212 on the 2017 PROFIT 500

Toronto, ON – September 14, 2017 - Canadian Business and PROFIT today ranked Geotab No. 212 on the 29th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the October issue of Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.

Geotab made the 2017 PROFIT 500 list with five-year revenue growth of 302%.

“It is never easy to earn a spot on the PROFIT 500, but this year’s applicant pool was the most competitive yet,” says Deborah Aarts, PROFIT 500 program manager. “This year’s winners demonstrate the resilience, innovation and sheer management smarts it takes to build a thriving business today. Canada—and the world—needs more entrepreneurial success stories like these.”

“Geotab is honoured to be on the PROFIT 500 ranking,” says Neil Cawse, CEO, Geotab. “This achievement reflects the strength of our technology, our commitment to innovation and the continued dedication of our team.”

Geotab’s smart transportation solutions help businesses of all sizes, including many Fortune 500 companies, improve driver and vehicle productivity, safety, fuel consumption, and regulatory compliance. Today, Geotab leads the industry in processing nearly 2 billion data points daily. Geotab’s solutions are currently used in more than 750,000 vehicles worldwide with approximately 20,000 new users added each month.

About the PROFIT 500

For 29 years, the PROFIT 500 has been Canada’s most respectable and influential ranking of entrepreneurial achievement. Developed by PROFIT and now published in Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian companies on five-year revenue growth. For more information on the ranking visit PROFIT500.com or CanadianBusiness.com.

About Canadian Business

Founded in 1928, Canadian Business is the longest-serving and most-trusted business publication in the country. It is the country's premier media brand for executives and senior business leaders. It fuels the success of Canada's business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. Learn more at CanadianBusiness.com.