Technology firms are among the fastest-growing companies in terms of increasing revenue. That being said, SmallCapPower has shortlisted four Canadian small caps in the technology sector with annual revenue growth of 50% or more during the past three years.
ProntoForms Corp. (TSXV: PFM) – $0.34
Software
ProntoForms Corporation (ProntoForms), formerly TrueContext Mobile Solutions Corporation, is a Canada-based provider of mobile business software solutions for enterprises and small/medium businesses. The Company’s products provide webcentric solution for workforce applications, making them accessible from anywhere in the world, from all Android, iPhone, Windows mobile or Blackberry devices. Its ProntoForms platform allows mobile workers to connect with corporate business systems and databases via their mobile devices.
- Market Cap: $27,065,579
- Revenue 3 Year CAGR: 82%
- Revenue (Last 12 months): $6,021,280
Avigilon Corp. (TSX: AVO)
Communications & Networking
Avigilon Corporation is a Canada-based technology company. The Company is engaged in design, manufacturing and marketing of high-definition (HD) and megapixel (MP) network-based video surveillance systems and equipment for the global security market. The Company’s surveillance system is designed to provide video capture, transmission, recording and playback.
- Market Cap: $979,054,117
- Revenue 3 Year CAGR: 65%
- Revenue (Last 12 months): $271,411,000
Redknee Solutions Inc. (TSX: RKN) – $4.30
IT Services & Consulting
Redknee Solutions Inc. (Redknee) is a Canada-based global provider of innovative communication software products, solutions and services. Redknee operates in telecommunications software and offers software products and related services, and hardware. The Company’s software products, manage and analyze real-time, complex and critical network operations, such as service provisioning, network management and customer care, and provide real-time rating, charging and billing.
- Market Cap: $469,946,365
- Revenue 3 Year CAGR: 64%
- Revenue (Last 12 months): $289,138,951
Symbility Solutions Inc. (TSXV: SY) – $0.34
Software
Symbility Solutions Inc. is a Canada-based company and is a global provider of cloud-based and smartphone/tablet-enabled claims technology for the property and casualty and health insurance industries. The Company has two operating divisions that offer products and services to different segments of the insurance industry: Symbility Property and Symbility Health. Symbility Property (property and casualty software) provides accurate and easy-to-use claims processing and estimating software for Property and Casualty Insurers. Symbility Health (group insurance software) provides practical software solution to a network of Employee Benefits Brokers and Third Party Administrator partners in the settlement of health and dental claims.
- Market Cap: $71,567,447
- Revenue 3 Year CAGR: 55%
- Revenue (Last 12 months): $26,326,000
