The Timeline
October 2000- Coastal Contacts Inc was founded by Roger Hardy in a basement office with 1 phone and a ping pong table.
March 2001- Coastal Contacts achieved $1 Million in Revenue
January 2002- Roger won the top 40 under 40
March 2004- IPO 6 million common shares
March 2004- began trading on the TSX Venture Exchange (COA)
June 2004- Acquisition of Lensway AB for $18.85 million
July 2004- Coastal achieved $50 million in cumulative revenue
September 2004- Coastal Contacts listed in Profit magazines 'Hot 50'
January 2005- Shipped 1 millionth order
June 2005- Coastal added first 70 ECPs to customer referral program
July 2005- Coastal achieved $100 million is cumulative revenue
December 2005- Coastal named to TSX venture 50
May 2006- Coastal graduated from the Venture exchange to the senior exchange on the TSX
August 2006- Coastal acquired MyLenses.nl
October 2006- Roger Hardy named Ernst & Young Entrepreneur of the Year in the Business-to-consumer category (Pacific region)
October 2006- Coastal acquired Asianzakka
March 2007- Coastal Opens the TSX in Toronto
April 2007- Coastal achieved $250 million in cumulative revenue
May 2007- Coastal Contacts Inc is named to the Internet Retailer Top 500 Web Retailers in North America (rank 128)
June 2007- Coastal ranks 18th in Profit 100 Fastest Growing Companies in Canada
October 2007- Coastal achieved $100 million in Revenue for 2007
February 2008- Coastal officially launched eyeglasses business unit
May 2008- Coastal ranked 5th on Internet Retailers Top 500 Web Retailers in the health and beauty category
June 2008- Coastal is listed on Profit 100 Top Fastest Growing Companies in Canada
September 2008- Coastal installed first NIDEK robotic machine to manufacture eyeglasses
October 2008- Coastal was named to the BC Export Awards Top 25 Exporters in BC
January 2009- Steve Wallace, VP North American Sales at Coastal Contacts was awarded Business in Vancouver Top 40 Under 40 Award.
May 2009- Coastal launched progressive eyeglasses
May 2009- Coastal shipped 100,000th pair of eyeglasses
May 2009- Coastal Contacts Inc launched "Virtual Mirror" to introduce social shopping
July 2009- Coastal achieved $1 million in eyeglasses revenue