Blackline Safety marks seventh year as top growing Canadian firm

Blackline Safety has been named one of Canada's Top Growing Companies by The Globe and Mail's Report on Business magazine for the seventh year in a row.

The Calgary-based company achieved a three-year revenue growth rate of 134%, making it one of just 10 companies to feature on the list every year since its creation in 2019.

The recognition comes shortly after Blackline Safety's addition to the S&P/TSX SmallCap Index and the S&P/TSX Capped Information Technology Index. These inclusions acknowledge the company's position within the technology sector and Canadian small-cap market.

Business milestones

Blackline Safety, which provides connected safety technology for industrial workforces, has customers in more than 75 countries and reports having overseen over 300 billion data points and initiated more than eight million emergency alerts worldwide. Its portfolio includes wearable devices, personal and area gas monitoring, connected software, and data analytics tools, underpinned by cellular and satellite connectivity.

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. These milestones are the result of relentless innovation from our team, the trust of our customers, and the belief of our shareholders. It's also proof that our vision to deliver the most connected life-saving safety technology in the world is resonating with organizations everywhere.

This statement was made by Cody Slater, Chief Executive Officer and Chair of Blackline Safety.

Report on Business ranking

Canada's Top Growing Companies list was created to spotlight achievements in business growth across the country and highlight enterprises showing significant expansion. A full listing of all 2025 recipients is published in the October issue of Report on Business magazine.

Our annual ranking of Canada's Top Growing Companies reflects the sector-spanning ingenuity of this country's entrepreneurs and corporate leaders. And we think it's important to tell their stories, to help inspire the next generation of up-and-comers across the country.

Dawn Calleja, Editor of Report on Business magazine, provided this comment as the 2025 winners were announced.

International market presence

With its inclusion in two major S&P/TSX market indexes, Blackline Safety's position in the Canadian technology landscape has been formally recognised by market analysts and investors. These indexes serve as benchmarks for market performance and include companies that meet certain size and market capitalisation criteria, indicating a degree of sustained growth and stability.

The company's stated mission focuses on eliminating workplace safety incidents through a combination of connected devices and predictive analytics. It supplies industries with equipment and digital systems for live monitoring and incident response, backed by its global data infrastructure network.

Continued growth

Blackline Safety has maintained consistent revenue expansion for the past several years, supported by increasing demand in safety technology and global industrial sectors. The accumulated data from its operations has contributed to its analytics offerings, which aim to help business clients improve operational performance and reduce risks in hazardous environments.

The company's leadership has often cited customer trust and employee innovation as central to its ability to achieve repeated industry recognition and maintain a high profile within Canadian and international markets. Its ongoing reporting of emergency alerts and workforce data points underlines continued engagement and uptake of its products.