HMI Price sensitive 29 Aug 2025, 8:12 AM

Appendix 4E and Preliminary Final Report

Hiremii Ltd

Hiremii Ltd Releases Appendix 4E and Preliminary Final Report

Key points

  • Revenue of $29.8m for the year, in line with FY24
  • Gross profit of $2.82m, down 3.5% on FY24
  • Loss of $1.17m, up 25.3% on FY24
  • Successful $600k capital raise in October 2024

Full summary

Hiremii Limited, an AI-led recruitment and technology driven company with deep relationships in the energy and resources sector, has released its Appendix 4E and Preliminary Final Report for the year ended 30 June 2025. The company reported revenue of $29.8m for the year, down 0.8% from FY24 revenue of $30.1m. Gross profit of $2.82m for the year was down 3.5% on FY24 gross profit of $2.92m, resulting from a lower proportion of permanent placements. The loss for the consolidated entity after providing for income tax amounted to $1,168,850, up $235,989 (30 June 2024: $932,861). This was driven by increases in recruiting employee benefits and share-based payments, partially offset by reductions in other employee benefits and amortisation. The company's net cash used in operations was $224,134 (FY24:$2,209,684), near to operational cashflow breakeven, an ongoing focus. Hiremii completed a successful capital raising of $600,000 before costs at a 30% premium to the prevailing share price in partnership with Sequoia Corporate Finance in October 2024. The company's Octet Invoice Financing $2.5m facility had its minimum term extended to 21 July 2026, while the outstanding balance was in line with FY24 at $978,892 (30 June 2024: 911,763) and continues to provide a leverage opportunity.

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