• Statutory loss after tax of $11.862 million for FY25
• Normalised EBITDA of $33.264 million, a 10% reduction from prior year
• Positive operating cash flow of $34.870 million

PeopleIN Limited has released its Appendix 4E and FY25 Annual Financial Report, reporting a statutory loss after tax of $11.862 million for the financial year ended 30 June 2025. This result was impacted by difficult economic conditions, weather events, and non-cash impacts of impairment of intangibles and fair value movements in deferred consideration. The normalised EBITDA for FY25 was $33.264 million, a reduction of 10.0% on the prior year, due to a reduction in billed hours and permanent recruitment revenues. However, the company has benefited from its recently completed Program Unite technology initiative, improving efficiency through automation and the use of AI, which has reduced Group overhead costs by $9.095 million from FY24. The Group has seen a recent uptick in confidence and improved trading conditions, particularly in Southeast Queensland due to the upcoming Brisbane 2032 Olympic Games. The company continues to pursue opportunities to support Australia's defence industries and expand its Pacific Area Labour Mobility (PALM) scheme worker program. Overall, the company remains focused on reducing costs and improving operational efficiency to drive future growth.

The company has seen a recent uptick in confidence and improved trading conditions, particularly in Southeast Queensland due to the upcoming Brisbane 2032 Olympic Games. The company continues to pursue opportunities to support Australia's defence industries and expand its Pacific Area Labour Mobility (PALM) scheme worker program.