Tracer Golf Soars to No. 21 on Canada’s Top Growing Companies List, Ranked #2 in Entertainment Sector

Toronto, ON, Canada – September 26, 2025 – Tracer Golf Inc. (“Tracer Golf”), Canada’s first fully automated indoor golf facility, announced today that for the second consecutive year it has ranked No. 21 of 400 on the 2025 Report on Business magazine’s ranking of Canada’s Top Growing Companies. It was also the 2nd highest ranking business in the Entertainment industry.

Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth. Tracer Golf earned its spot again this year with a sustained three-year growth of [1760%].

“Consistency is the secret to both a great golf swing and a great business. To be recognized on this prestigious list for a second consecutive year is a great honour,” said Tosan Lee, Co-Founder and CEO of Tracer Golf. “This achievement isn’t just about rapid growth; it’s about sustained performance. It’s a testament to the strength of our business model, the dedication of our team, and the passion of our incredible community of golfers. We are driven by our mission to make golf more accessible and data-driven, and this recognition fuels our momentum.”

Tracer Golf’s ability to maintain its position among Canada’s elite growing companies demonstrates the resiliency and efficiency of its business model. As a data-oriented company, Tracer Golf has created a profitable system that always places the customer first. With increased investments in technology, Tracer Golf is poised to continue its expansion across North America. With prices as low as $18 per hour, Tracer Golf has proven that a business model based on highly affordable, accessible golf can be incredibly successful.

Canada’s Top Growing Companies is an editorial ranking that was launched in 2019 to celebrate the achievements of innovative businesses in Canada. To qualify for this voluntary program, companies had to complete an in-depth application process and fulfill revenue requirements. In total, 400 companies earned a spot on this year’s ranking.

The full list of 2025 winners along with editorial coverage is published in the October issue of Report on Business magazine. The list is out now and online here. Tracer Golf’s story from 2024  is online here.

“Our annual ranking of Canada’s Top Growing Companies reflects the sector-spanning ingenuity of this country’s entrepreneurs and corporate leaders,” says Dawn Calleja, Editor of Report on Business magazine. “And we think it’s important to tell their stories, to help inspire the next generation of up-and-comers across the country.”

“The Globe and Mail congratulates this year’s Canada’s Top Growing Companies’ winners for achieving exceptional growth and resilience in facing business challenges,” says Andrew Saunders, CEO of The Globe and Mail. “It is a testament to dedication, strategic vision, and innovative drive.”

ABOUT THE GLOBE AND MAIL

The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With our award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 6.2 million readers every week in our print or digital formats, and Report on Business magazine reaches 2.9 million readers in print and digital every issue. Our investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.

ABOUT TRACER GOLF

Tracer Golf is Canada’s first fully automated indoor golf facility with no onsite staff. Through patent pending automation systems, golfers can play a round or practice 24 hours a day, 365 days a year. Customers can book online, arrive and enter the facility with a simple click on the Tracer Golf App. All equipment turns on and off automatically.

With launch monitors in every bay, golfers get access to club and ball flight data to improve faster. Driving ranges, instant swing video replays with high speed cameras, and training aid lockers offer serious tools to improve. Virtual golf and challenges offer a great entertainment option for friends and families. Tracer Golf delivers affordable and fun golf for everyone at all skill levels.

Practice more. Improve faster.