Hiremii Ltd. (AU:HMI) has released an update.
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Hiremii Limited announced a substantial 44% increase in revenue, reaching a record $30.1 million in FY24, with a significant 23% growth in gross margin to $2.9 million. The company has also made strides in cost efficiency by reducing operating expenses to 11% of revenue and securing a $2.5 million financing facility. Additionally, Hiremii is advancing its technology with the Hiremii platform app, currently in user acceptance testing with energy sector clients, signaling promising developments for the recruitment firm.
For further insights into AU:HMI stock, check out TipRanks’ Stock Analysis page.
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