Solium has a history of leadership and growth. The quality of our service, the innovation behind our technology, and our passion for improving the stock plan administration experience has changed the way global companies administer stock plans. By addressing customer needs, Solium has grown from a 2 person operation to a major player in stock plan administration. Here's a snapshot of the milestones that have shaped our company's evolution:
1999
Headcount for fiscal year: 2
Investment Advisors, John Kenny and Mark Van Hees from Calgary, AB Canada founded Solium Capital Inc.
Solium introduces online brokerage services, using employee stock options as the entry point to retail customer relationships.
Solium goes public in May 2001, listed as "SUM" on the TSX Venture Exchange.
IPO raises $2.0 million to finance development of technology platform and market development.
E-SOAP (Employee Stock Option Administration Platform), an application for stock option administration enabling real time trading is launched.
Solium wins its first large customer, TransAlta.
Appointment of Brian Craig as Board member.
Appointment of John Kenny as president and CEO.
Company headquarters moves into a bigger office space in Calgary.
2002
Headcount for fiscal year: 14
Appointment of Brian Craig as President and CEO.
Solium recapitalized with over $1 million of new equity.
Additional Board members appointed with the new equity investors.
Solium sells its brokerage services subsidiary, Solium Capital Online Inc, to Tristone Capital Advisors Inc.
HSBC Invest Direct alliance established to handle securities execution & settlement.
Solium acquires Stormworks Ltd.
Company headquarters moves into a bigger office space in Calgary for the second time.
2003
Headcount for fiscal year: 22
Revenue for fiscal year: $0.8 million
Solium opens an office in Toronto.
Additional financing of $1.2 million.
Acquisition of Bitonic Solutions.
Great-West Life alliance established to deliver an enhanced service solution to the clients of Group Retirement Services.
2004
Headcount for fiscal year: 31
Revenue for fiscal year: $3 million
Solium revolutionizes the stock plan administration industry by launching Solium Share Purchase, Employee Share Purchase Plan administration functionality to complement its current stock option administration functionality.
Solium introduces Share unit administration functionality.
Solium introduces online grant administration functionality.
2005
Headcount for fiscal year: 43
Revenue for fiscal year: $6.2 million
Net earnings for fiscal year: $1.8 million
E-SOAP and Share Purchase are integrated into one application and re-branded as Shareworks™
Solium opens an office in New York.
Company headquarters moves into a bigger office space in Calgary for the third time.
2006
Headcount for fiscal year: 63
Revenue for fiscal year: $8.7 million
Net earnings for fiscal year: $2.5 million
2007
Headcount for fiscal year: 118
Revenue for fiscal year: $12.5 million
Net earnings for fiscal year: $1.2 million
Solium acquires US based equity plan administration firm Allecon Stock Associates.
Solium opens an office in Southfield, MI (through the acquisition of Allecon).
2008
Headcount for fiscal year: 128
Revenue for fiscal year: $17 million
Net earnings for fiscal year: $674,000
Solium increases service offering with introduction of Participant Services Group
Solium releases Shareworks version 4.0, one of the most anticipated and exciting releases for Shareworks.
Solium Capital Corporate Brochure
Solium Capital Quick Facts
The greatest value we can provide is a seamless environment to access any information our employees want, anywhere at anytime. Solium has enabled us to provide this type of fluidity for our stock option and share purchase plans.
