Canada-based safety technology specialist Blackline Safety has announced record revenues for the 2025 financial year.
The company, which launched the G8 gas detection device last week, saw revenues for the year increase by 18% to a record of $150.5 million.
Its service part of the business was the fastest growing segment, increasing by 30% to $90.5 million, while product revenue increased by 4% to $60.0 million.
Cody Slater, CEO and Chair of Blackline Safety Corp, said: “These results reflect sustained global demand for our connected safety solutions and the strength of our hardware-enabled SaaS business model.
“In the fourth quarter, Net Dollar Retention remained strong at 128%, demonstrating that customers are expanding deployments and deepening reliance on Blackline’s connected safety platform across their fleets.”
Slater added that the launch of G8 represents the next leap in innovation, “extending our leadership as we continue to protect and optimize the industrial workforce.”
The company has also announced that Chief Financial Officer (CFO) Robin Kooyman is to temporarily step down in February.
Kooyman, who joined the company in 2024, will be replaced in the interim by Chris Curry, Vice President, Finance & Accounting.
He joined the company in 2025, and was previously a finance executive at several publicly traded energy companies and private equity funds.
