Prophix Ranks on the 2017 PROFIT 500

September 14, 2017

Canadian Business unveils 29th annual list of Canada’s Fastest-Growing Companies: the 2017 PROFIT 500

2017 PROFIT 500Canadian Business and PROFIT rank Prophix No. 483 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, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.

With the introduction of Prophix Cloud in 2017, the company is well-positioned for continued growth in the coming years.

“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.”

“I am immensely proud of Prophix’s growth over the last five years,” said Alok Ajmera, President & COO of Prophix Software. “Recognition by PROFIT 500 is a testament to our company’s hard work and dedication to the value of Corporate Performance Management (CPM) software.”




About the 2017 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, the PROFIT 500 ranks Canadian companies on five-year revenue growth. For more information on the ranking visit or

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 about 2017 PROFIT 500 at

About Prophix

Prophix develops innovative software that automates critical financial processes such as budgeting, planning, consolidation, and reporting—improving a company’s profitability and minimizing their risk. Prophix provides the right balance of simplicity and depth, delivering CPM software that is easy, powerful, and collaborative. For everyone. Thousands of innovative organizations in nearly one hundred countries use Prophix to gain increased visibility and insight into their business performance. For more information, visit


Media contact
Rachel Douglas
+1 (905) 279-8711 x502


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