Hiremii Ltd. (HMI) AI Stock Analysis

• Market Cap: AU$7.65M
• Dividend Yield: N/A
• Average Volume (3M): 50.01K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.10
• Revenue Growth: 19.94%
• EPS Growth: 58.99%
• Country: AU
• Employees: N/A
• Sector: Industrials
• Sector Strength: 89
• Industry: Staffing & Employment Services
• EPS (TTM): >-0.01
• Shares Outstanding: 147,115,400
• 10 Day Avg. Volume: 99,404
• 30 Day Avg. Volume: 50,008
• PEG Ratio: 0.06
• Price to Book (P/B): 4.20
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -78.78
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 1

• Rating: 45 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

Hiremii Ltd. presents a mixed outlook with strong revenue growth but significant operational and financial challenges. The primary concerns are profitability and cash flow issues, impacting the overall score negatively. Technical indicators suggest some stability, but weak momentum limits potential gains. Valuation challenges also contribute to the lower score.

Hiremii Ltd. Business Overview & Revenue Model

Company Description

Hiremii Limited operates as a labour hire and recruitment company in Australia. It operates Hiremii technology, a cloud-based platform. The company also provides recruitment and full-service labour hire solution that provides digitized employee onboarding services. Hiremii Limited was founded in 2017 and is based in Perth, Australia.

How the Company Makes Money

Hiremii Ltd. makes money through its recruitment and staffing services by charging fees for successful placements made via its platform. The company generates revenue primarily from placement fees, which are paid by employers when they hire a candidate sourced through Hiremii's platform. Additionally, the company may have subscription or service fees for access to its advanced AI-driven recruitment tools, enhancing the hiring experience for employers. Partnerships with businesses seeking efficient hiring solutions and integration of their systems with Hiremii's platform are significant factors contributing to its earnings.

Hiremii Ltd. Financial Statement Overview

Summary

Hiremii Ltd. demonstrates strong revenue growth but faces significant challenges in profitability and financial stability. Negative net profit margins, high debt-to-equity ratio, and reliance on external financing present considerable risks, despite improved liquidity management.

Income Statement

Hiremii Ltd. has shown a significant increase in total revenue over the years, with a recent growth from $20.81M in 2023 to $30.06M in 2024, indicating positive revenue growth. However, the company struggles with profitability, as evidenced by negative net profit margins and EBIT margins consistently over the years. While revenue growth is a positive sign, the negative margins highlight operational challenges.

Balance Sheet

The balance sheet shows a concerning debt-to-equity ratio due to high liabilities relative to shareholder equity, which was $798K in 2024. Equity ratio is low, reflecting a weak capital structure. Positive note: there is a reduction in total debt and an increase in cash and equivalents, which suggests improved liquidity management.

Cash Flow

Free cash flow remains negative, indicating cash outflows continue to exceed inflows despite revenue growth. The operating cash flow to net income ratio is unfavorable due to negative figures, highlighting challenges in generating cash from operations. The company has consistently relied on financing activities to manage cash needs.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	30.87M	30.06M	20.81M	11.44M	6.94M	6.19M
Gross Profit	1.45M	2.92M	-700.70K	-1.45M	-1.06M	-180.79K
EBITDA	-609.19K	-495.13K	-1.00M	-2.45M	-3.56M	-1.69M
Net Income	-789.38K	-932.86K	-1.54M	-2.79M	-3.81M	-1.91M
Balance Sheet
Total Assets	4.62M	5.71M	5.91M	6.58M	4.86M	3.26M
Cash, Cash Equivalents and Short-Term Investments	1.00M	850.43K	1.94M	2.39M	4.21M	1.98M
Total Debt	1.24M	1.35M	302.08K	521.13K	71.52K	2.42M
Total Liabilities	3.72M	4.91M	4.67M	4.01M	1.25M	4.43M
Stockholders Equity	906.83K	798.37K	1.24M	2.57M	3.61M	-1.16M
Cash Flow
Free Cash Flow	-660.43K	-2.32M	-66.17K	-2.82M	-3.53M	-831.44K
Operating Cash Flow	-658.82K	-2.21M	28.20K	-2.47M	-3.50M	-814.65K
Investing Cash Flow	-207.97K	-289.02K	-346.22K	-811.06K	-21.57K	-16.79K
Financing Cash Flow	823.34K	1.41M	-125.63K	1.49M	5.75M	2.56M

Hiremii Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HMI, the sentiment is Negative. The current price of 0.05 is above the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and below the 200-day MA of 0.05, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 51.42 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:HMI.

Hiremii Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HIT	75 Outperform	AU$68.10M	10.01	71.98%	6.21%	-5.61%	16.01%
ASH	67 Neutral	AU$25.20M	11.51	6.96%	9.14%	-7.92%	-61.32%
Sector *	65 Neutral	€9.21B	16.20	3.99%	3.38%	2.85%	-16.23%
PPE	52 Neutral	AU$75.54M	18.92	-2.93%	3.28%	-3.90%	-142.61%
AD1	46 Neutral	AU$7.32M	―	-245.01%	―	-17.50%	66.33%
HMI	45 Neutral	AU$7.65M	―	-79.98%	―	19.94%	58.99%
C4R		€11.95M	74.99	13.66%	2.68%	―	―

Hiremii Ltd. Corporate Events

Hiremii Ltd. Announces Proposed Securities Issue to Boost Capital

Hiremii Ltd. has announced a proposed issue of securities, including Class A, B, and C Performance Rights, as well as ordinary fully paid shares. This move is expected to impact the company’s operations by potentially increasing its capital base, which could enhance its market positioning and provide additional resources for growth initiatives.

Hiremii Limited Achieves AI Platform Milestone and Outperforms Industry Standards

Hiremii Limited has achieved a significant milestone by completing its 2024-25 product roadmap ahead of schedule, introducing a disruptive AI-first tech-recruitment solution. The company’s proprietary AI platform has outperformed industry benchmarks in candidate shortlisting accuracy and has been deployed for a global pharmaceutical client. Despite a slight decline in Q3 FY25 revenue due to a global slowdown, the market is showing signs of recovery, and the company maintains a stable gross profit margin.