"PROFIT 100 companies are the new heroes of Canadian business, creating
jobs at home and products used around the world. They've accomplished
this by building great employee teams, exploiting export markets and
rapidly responding to the customer's fast-changing needs."
EDMONTON, June 4 /CNW/ - Rentcash Inc. ("Rentcash") (TSX:RCS) is pleased
to announce that it has been ranked number one, with five-year revenue growth
of 33,700%, on the 19th annual PROFIT 100 ranking of Canada's Fastest-Growing
Companies by PROFIT Magazine.
"It's a great honour to be named to the PROFIT 100 list this year. I'm
very proud of our number one ranking considering the outstanding growth
results of the other companies on this distinguished list," said Gordon
Reykdal, Chairman and CEO.
"Our 1,800 associates are committed to success and it shows in our
results. The past five years have been remarkable for Rentcash. In a very
short period of time we have grown into the largest network of payday advance
outlets in Canada. We have established a solid footprint and look forward to
many years of strong, sustained levels of profitability," added Mr. Reykdal.
"I'm proud of our team's accomplishments. Rentcash is a disciplined company
and we're committed to continued success."
The annual ranking of Canada's Fastest-Growing Companies is presented by
PROFIT: Your Guide to Business Success. Ranking Canada's Fastest-Growing
Companies by five-year revenue growth, the PROFIT 100 profiles the country's
most successful growth companies. Published in the June issue of PROFIT and
online at PROFITguide.com, the PROFIT 100 is Canada's largest annual
celebration of entrepreneurial achievement.
About PROFIT Magazine:
PROFIT: Your Guide to Business Success, offers news, strategies, tips,
interviews and other resources to entrepreneurs leading Canada's
fastest-growing companies. Each year PROFIT - which currently reaches more
than 300,000 readers nationally - hosts a number of events that bring together
business leaders in the fast-growth segment and champions the interests of
those leaders. PROFIT was founded in April 1982 as Canada's first national
magazine geared to entrepreneurs. Visit PROFITguide.com.
Rentcash is the only payday advance broker in Canada publicly traded on
the Toronto Stock Exchange (TSX:RCS). Rentcash operates more than 420 stores
across Canada under three banners: The Cash Store, Instaloans and Insta-rent.
The Cash Store and Instaloans act as brokers to facilitate payday advance
services to income-earning consumers and provide two private-label debit
cards, The Cash Store Cash Card(TM) and InstaWorld Debit Card, to those who
may not be able to obtain them from traditional banks.
Insta-rent rents brand-name furniture, appliances, electronics and
computers, with or without an option to purchase. Insta-rent operates
primarily in The Brick and United Furniture Warehouse locations, which are
part of The Brick Group, one of Canada's largest volume retailers of household
furniture, mattresses, appliances and home electronics.
Rentcash employs more than 1,800 associates and is headquartered in
For further information:
For further information: Gordon J. Reykdal, Chairman and Chief Executive
Officer, (780) 408-5118 or Michael J.L. Thompson, Vice President, Investor
Relations & Government Affairs, (780) 408-5595, Cell: (613) 371-4093