November, 2022 - Biktrix received a Clean Technology award as part of Deloitte’s Technology Fast 50 program. Launched last year, the new award leadership category recognizes Canada’s top clean innovators providing processes, goods, or services that reduce environmental impacts. Biktrix ranked #6 of 15 companies across the country.
Biktrix’s CEO Roshan Thomas credits the unique innovations made by their in-house design team and society’s increased interest in alternative transportation options with the company's 765 percent revenue growth. Thomas said, “Biktrix has always been a leader in bringing premium electric bicycle technologies to market, and our inclusion in this award category reflects our steady success. Responding to the public desire for reliable and efficient transportation options, Biktrix is attentive to the needs of our customers and is proud to provide an elite-level buying experience from start to finish, all while pushing the boundaries of eBike innovations.”
“These outstanding companies are amongst the elite of Canada’s clean technology sector, developing and bringing to market innovations that create a more resilient and sustainable future for the environment,” stated Anders McKenzie, partner and national leader for the Technology Fast 50 program at Deloitte Canada. “With ever-increasing business opportunities to reduce our carbon footprint, make energy efficiency gains, and accelerate the deployment of renewable energy sources, these winners distinguish themselves in a highly promising and dynamic space. They represent a cohort of innovators who are contributing to the environment and helping to create a sustainable business and technology landscape in Canada.”
Eligibility in the Clean Technology category requires applicants to meet the same criteria as for Technology Fast 50 nominees except they must have a minimum revenue of $50,000 in 2018 and $5 million in 2021. The winning companies are ranked by their revenue-growth percentage over that period.
The majority of the companies’ revenues must come from products or services that have a positive environmental impact in the following areas: carbon emissions reduction potential, resource circulation (reduce, reuse, and recycle), or environmental preservation and safety.
This year marks 25 years since the establishment of Deloitte’s Technology Fast 50 award program in Canada.
About the Deloitte Technology Fast 50™ program
The Deloitte Technology Fast 50 program is Canada’s pre-eminent technology awards program. Celebrating its 25th anniversary, the program recognizes business growth, innovation, and entrepreneurship in four distinct categories: Technology Fast 50 ranking, Enterprise Fast 15, Clean Technology, and Companies-to-Watch. The program also recognizes companies within the North American Technology Fast 500 ranking, identifying thriving technology companies in the United States and Canada. The 2022 program sponsors include Deloitte, RBCx, Osler, EDC, CBRE, Vector Institute, Council of Canadian Innovators (CCI), Clarity Recruitment, Lafond, and TMX. For further information, visit www.fast50.ca.
Founded in 2014, Biktrix has grown from a one-man conversion kit operation into a successful online direct-to-consumer premium electric bike company headquartered in Saskatoon, Canada. Biktrix has expanded to more than 60 employees including mechanics, logistics specialists, customer support agents, research and development personnel, e-commerce experts, and bike enthusiasts. With responsive and honest service and support, Biktrix offers the best customer experience in the eBike industry. We are passionate about eBikes and about making every interaction a positive experience for our riders.