Hiremii’s Q2 Revenue Jumps 10% to AUD 8.2 Million Amid AI Platform Upgrades
Hiremii Limited has reported its highest-ever quarterly revenue and gross profit, driven by growth in its recruitment business and enhanced AI technology. The company also completed a significant capital raise to accelerate its expansion plans.
- Record quarterly revenue of AUD 8.2 million, up 10.2% year-on-year
- Gross profit increased 18% to AUD 0.838 million
- Enhanced proprietary AI platform with AWS Bedrock integration
- Strong momentum in enterprise and agency trials of recruitment technology
- Completed AUD 1.764 million capital raising post-quarter
Record Financial Performance
Hiremii Limited (ASX, HMI) has delivered a standout quarter ending December 2025, posting record revenue of AUD 8.2 million, a 10.2% increase compared to the same period last year. Gross profit rose 18% to AUD 0.838 million, reflecting both organic growth in its core recruitment business and the full-quarter contribution from its recent acquisition, Hiremii Global Services (formerly Prince Migration).
The recruitment division alone saw revenue climb to AUD 8 million, buoyed by a leaner, more experienced team and a strategic focus on higher-margin permanent placements. This marks a notable improvement in operational efficiency and market positioning under new leadership.
Advancing AI Recruitment Technology
On the technology front, Hiremii has made significant strides enhancing its proprietary AI recruitment platform. The company transitioned core AI workloads to Amazon Web Services’ Bedrock, resulting in faster processing, lower operating costs, and materially improved accuracy in candidate skills extraction and shortlisting. This agentic AI capability differentiates Hiremii’s offering by delivering more precise candidate matches than generic AI tools.
Additional platform features released during the quarter include applicant status tracking, application source tracking, and invite-to-apply functionality, all designed to streamline hiring workflows and improve recruiter engagement. Encouragingly, the company has also begun extending its AI shortlisting technology into talent pooling and database search, addressing a key enterprise challenge of unlocking value from under-utilised candidate databases.
Strong Trial Pipeline and Market Validation
Hiremii’s AI platform is gaining traction with a growing pipeline of enterprise, mid-market, and recruitment agency trials governed by signed Memorandums of Understanding. These trials cover diverse use cases, including high-volume blue-collar recruitment and strategic partnerships with HR networks, providing robust validation of product-market fit and clear pathways to recurring revenue.
Capital Raising Fuels Growth Ambitions
Following the quarter, Hiremii successfully raised AUD 1.764 million through a placement of new shares and options, strengthening its balance sheet. The funds are earmarked to accelerate commercialisation of the AI platform, advance customer-driven enhancements, and pursue strategic acquisitions to scale recruitment automation and workforce mobility services.
Operating cash outflows improved markedly to just AUD 0.086 million, down from AUD 0.522 million in the previous quarter, supported by higher gross profit and reduced operating expenses. The company ended the quarter with AUD 0.734 million in cash and access to additional financing facilities, providing a solid runway for growth.
Looking Ahead
Managing Director Andrew Hornby emphasised the company’s sharpened focus on converting trial activity into recurring technology revenue and deploying capital to drive sustainable growth and shareholder value. With a clearly defined 2026 product roadmap targeting scalability, usability, and enterprise readiness, Hiremii is positioning itself to capitalise on the growing demand for AI-driven recruitment solutions.
Bottom Line?
Hiremii’s record quarter and enhanced AI platform set the stage for a pivotal year of growth and technology commercialisation.
Questions in the middle?
- How quickly will Hiremii convert its growing trial pipeline into recurring revenue?
- What impact will the enhanced AI capabilities have on competitive positioning in recruitment tech?
- How will the newly raised capital be allocated between technology development and strategic acquisitions?
