“We’re very honoured and grateful for the support of our readers and clients,” says KMI President & CEO Tim Duce. “Certainly, it’s been a tough five years for all traditional media and publishing companies, and making the PROFIT 500 for the second year in a row is validation for the business model we brought to Canada, but also the entrepreneurial initiative of our team.”
The Toronto-based publishing and events company managed to beat back an increasingly hostile market to scoop up the 450th
spot on the 26th
-annual PROFIT 500 ranking. The profit results speak directly to the company’s commitment to bringing both readers and clients innovative B2B and B2C editorial but also the kind of industry conferences designed to deepen dialogue.
More specifically, the PROFIT 500 ranking reflects KMI’s five-year revenue growth since 2009, experiencing a 73 per cent boost over that period.
"The members of the PROFIT 500 are the elite of the country's entrepreneurial community," says James Cowan, Editor-in-Chief of Canadian Business
and PROFIT Magazine
. "Their stories are lessons in business strategy, innovation, management excellence and sheer tenacity."
Publishing a mix of 12 digital and print titles, focused on reporting both breaking news
and in-depth coverage of real estate, mortgage, insurance, human resources and wealth management industries, KMI added more than five new titles to its library this year, including Human Resources
Director, Insurance Business
, and Wealth Professional magazine
s. It has also expanded into the French-language market, with Gestionnaire de Fortune
, a B2B web portal for Quebec’s burgeoning financial advisory community.
KMI’s event planning division continues to play a pivotal role in its growth. It now hosts seven annual business events and conferences across the country, drawing thousands for education and networking in real estate investment, mortgage financing, financial planning and human resources development.
Both ends of the business are primed for further growth in 2014, says Duce.
“We’re very bullish on the media market for B2B over the next five years,” he says. “We continue to expand and find new opportunities to engage professional readers with new content specifically focused on their business development and their needs. PROFIT 500, we will be back!”
For the second year in a row, KMI Publishing and Events – the company behind MortgageBrokerNews.ca and CMP Magazine – has earned a spot on the PROFIT 500 list of Canada's Fastest-Growing Companies, overcoming the challenges continuing to confront media.