Blackline Safety Corp. has been named one of Canada’s Top Growing Companies by The Globe and Mail’s Report on Business magazine for the seventh consecutive year, the company announced Thursday. The Calgary-based safety technology firm reported three-year revenue growth of 134 per cent.
The recognition places Blackline among only 10 companies nationwide to rank every year since the list began in 2019, according to the company. The ranking highlights businesses across Canada that have demonstrated sustained revenue growth over a three-year period.
Index additions signal market position
Last week, Blackline was added to both the S&P/TSX SmallCap Index and the S&P/TSX Capped Information Technology Index, according to the company. The inclusions reflect Blackline’s standing within Canada’s technology and small-cap markets.
“It’s an honour to be recognized as a Top Growing Company for the seventh straight year, especially on the heels of our inclusion in key Canadian market indexes,” said Cody Slater, CEO and chair of Blackline Safety. “These milestones are the result of relentless innovation from our team, the trust of our customers, and the belief of our shareholders.”
Slater added the achievements demonstrate that the company’s focus on connected safety technology is gaining traction with organizations globally.
About the ranking
Canada’s Top Growing Companies is an editorial ranking launched in 2019 to recognize innovative businesses across the country, according to Report on Business magazine. The full list of 2025 winners appears in the October issue of the magazine.
“Our annual ranking of Canada’s Top Growing Companies reflects the sector-spanning ingenuity of this country’s entrepreneurs and corporate leaders,” said Dawn Calleja, editor of Report on Business magazine. “And we think it’s important to tell their stories, to help inspire the next generation of up-and-comers across the country.”
Company operations
Blackline Safety provides connected safety devices and software for industrial workplaces, according to the company. Its products include wearable devices, gas monitoring equipment, and cloud-connected software designed to help organizations track and respond to workplace safety incidents.
The company serves customers in more than 75 countries and has processed over 300 billion data points and initiated over eight million emergency alerts, according to Blackline. Its devices use cellular and satellite connectivity to monitor workers in real time.
Blackline Safety trades on the Toronto Stock Exchange under the symbol BLN.
