Fresh off being named one of Ottawa’s fastest-growing companies for 2016 by OBJ, it looks as if ProntoForms is showing no signs of slowing down.
The mobile data collection and analytics platform provider Thursday reported a 53 per cent year-over-year increase in first-quarter revenue.
“This is further evidence of the success of increased investments in sales operations, and support of our existing routes to market,” CEO Alvaro Pombo said in a statement. “We continue to focus on growth in our core business and we are building new paths for our leading mobile forms platform to become an industry standard.”
OBJ360 (Sponsored)

Contractor or employee? Ensure the role fits the classification, or risk liability
In these times of economic unpredictability, some business owners are seeking greater workforce flexibility by turning to different kinds of work arrangements. These might include using contractors instead of hiring

Inside YOW: How collaboration powers growth at Ottawa International Airport
Of all the many intricacies that come with running an international airport, one of the most fascinating, says Airport Authority President and Chief Executive Officer Susan Margles, is the remarkably
ProntoForms (TSX VENTURE: PFM) posted first-quarter revenue of $2.9 million, up from $1.9 million for the same quarter last year.
At $2.6 million, the company’s recurring revenue was up 56 per cent from the same quarter last year and up four per cent from the fourth quarter of 2015.
The firm’s gross margin for the first quarter was 81 per cent of total revenue, while gross margin on recurring revenue was 89 per cent.
ProntoForms posted a first-quarter operating loss of $898,878, an increase from the losses posted in the previous quarter and the same quarter last year, with the company attributing that to its “conscious approach to invest more in operational and sales productivity.”
The company’s net loss in the first quarter was $1.1 million, up from $636,349 in the same quarter last year.
As of March 31, ProntoForms had $3.3 million in cash.