#Canada #Deloitte #Montreal #Lightspeed

Lightspeed Commerce Honored in Deloitte's Technology Fast 50

Lightspeed Commerce Inc. (NYSE: LSPD) has once again proven its mettle in the competitive arena of technology and e-commerce by being named one of Canada's Enterprise—Industry Leaders by Deloitte's 2025 Technology Fast 50 program. This prestigious award, which the company has received for four straight years, reflects Lightspeed's remarkable revenue growth and innovation in the retail sector.

A Moment of Pride for Lightspeed

On October 23, 2025, Lightspeed was recognized for achieving a staggering revenue growth percentage of 318% over the past four years, which secured them the sixth spot overall in the program. This accolade underscores the company’s unwavering commitment to transforming the retail and hospitality industries through cutting-edge technology.

Dax Dasilva, the Founder and CEO of Lightspeed, expressed his gratitude, stating, "This recognition from Deloitte underscores Lightspeed's commitment to driving innovation for the independent businesses that form the backbone of our communities." Such sentiments resonate well with the core values that define Lightspeed's mission.

The Technology Fast 50 Program

Deloitte's Technology Fast 50 program is designed to identify and showcase the fastest-growing technology companies in Canada based on their revenue growth. To qualify for the Enterprise—Industry Leaders category, companies need to demonstrate significant growth while maintaining a minimum revenue benchmark of $10 million in 2021, escalating to $50 million by 2024.

The program highlights companies that exhibit exceptional resilience and innovation, factors that are paramount for business success especially amid changing market landscapes. Amanda Perran, Co-Lead of the National Technology Fast 50 program at Deloitte Canada, remarked, "The Enterprise—Industry Leaders exemplify the enduring strength and proven success of Canada's business landscape."

Lightspeed's Role in Retail

Founded in Montreal, Canada in 2005, Lightspeed has created a comprehensive omnichannel platform that serves over 100 countries. Its innovative systems integrate point-of-sale transactions, e-commerce, inventory management, and customer engagement into a single streamlined interface. The company’s solutions cater to various sectors including retail, golf, and hospitality, enabling businesses to enhance customer experiences while efficiently managing their operations.

With its advanced technological offerings and a resolute focus on product excellence, Lightspeed empowers businesses to thrive in a competitive environment. The company's philosophy is centered around redefining commerce through technology, and its achievements are a testament to this vision.

Looking to the Future

Lightspeed's ongoing success and recognition speak volumes about its business model and operational strategies. The management team emphasizes that such levels of sustained growth are attainable due to the trust and collaboration they share with their clients. This recognition not only showcases Lightspeed's innovative capabilities but also sets a standard for excellence in the technology landscape.

As the company continues to expand its influence globally, it is poised to continue driving change in the retail sector through ongoing innovation and strategic partnerships. Moving forward, its focus will remain on generating value while ensuring that they remain a dependable partner for ambitious businesses seeking to navigate the digital economy.

With multiple accolades to its name, Lightspeed Commerce serves as a potent example of how technology can empower retail sectors and foster community growth. The industry eagerly awaits what this dynamic company will achieve next.