Techopia

Magmic CEO and president Mohammad Agha says, in a way, the long-standing boutique gaming studio is now moving into the major leagues itself. 

Ottawa company reported revenues of $10.5 million for the three-month period ending Dec. 31, 2022, up from $7.8 million the year before.

In what local human resources experts are hailing as a “really smart” move, Shopify is restructuring its staffing and compensation model.

In documents filed with Ontario Superior Court in late January, the company reported assets valued at about US$6.9 million and debts totalling about US$10.2 million.

Ottawa-based e-commerce giant said it’s also expanding its lineup of in-person and virtual events aimed at supporting its partners.

Four years after its reported bid to acquire U.S.-based competitor Avaya fell through, Kanata firm is taking another crack at solidifying its status as a global leader in the unified communications space.

Northern Forge Studios recently caught the attention of serial entrepreneur Jason Flick, who was looking for new projects after vacating the CEO chair at You.i TV.

The funding is part of a $68.2-million package announced by the federal government for 17 Canadian cleantech companies earlier this year.

In financial filings this week, Ottawa-based company says it brought in $939,000 in revenues in its fiscal year ending Oct. 31, 2022, down from about $1.3 million the previous year.

New co-CEO says Ottawa firm – which develops “low-code” custom mobile apps that allow field workers in heavy industries such as oil and gas to collect, send, and receive data like maintenance and compliance reports – is “just scratching the surface” of its potential.