Five companies waiting in the FP 500 wings that are worth watching

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Ranked by revenue growth, they could become Canada\u0027s next elite players

This Montreal-based point-of-sale and e-commerce software provider was founded in 2005 by Dax Dasilva and it now has offices in Ottawa, New York, Olympia, Wash., Santa Cruz, Calif., Ghent, Belgium, and Amsterdam, reflecting its worldwide growth ambitions.

Lightspeed POS CEO Dax Dasilva, CEO rings the opening bell at the New York Stock Exchange on Sept. 11, 2020.Other recent deals include the March US$350-million acquisition of Vend Ltd., a New Zealand retail-management software maker, and buying a couple of internet-based restaurant management software makers in December, spending US$430 million on Rhode Island-based Upserve Inc. and US$440 million on New York’s ShopKeep Inc.

Apollo in early May reported first-quarter revenues of $51.1 million, up 10% from $46.6 million a year, but down 40% from the fourth quarter due to inconsistent demand and other impacts related to government-imposed shutdowns.Apollo had the second- highest one-year share-price gain on the Next 50 at 1,282.1%, behind only SOL Global Investments Corp., a Toronto-based finance firm focused on the biopharmaceutical and cannabis industry.

It has also been in Gartner Inc.’s Magic Quadrant for Warehouse Management Systems since 2010 and Brereton was named Quebec’s technology Entrepreneur of the Year by EY in 2019.Tecsys has more than 1,000 customers in over 15 countries in a variety of industries.This Montreal-based online grocery store/meal kit provider started in 2014 has a lofty goal: to grow its subscriber base to one million households. As of Feb.

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Five things to watch for in the Canadian business world in the coming weekThis week in Canadian business news, the Canadian Real Estate Association is expected to release national home sales figures for May and Innovation, Science and Industry Canada will host an auction of 3,500 MHz spectrum licences for use in 5G wireless networks.
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