Hiremii Limited has reported a record half-year revenue of $16.1 million, boosted by its acquisition of Prince Migration and advances in its AI recruitment platform. Despite a modest loss, the company is positioning itself for growth through technology innovation and strategic capital raises.
- Half-year revenue up 10.1% to $16.1 million
- Acquisition of Prince Migration & Education integrated as Hiremii Global Services
- Gross profit and margin improved, reaching 10%
- Enhanced AI platform with AWS Bedrock integration
- Raised over $2.4 million in capital to fund growth and commercialisation
Record Revenue Growth Amid Strategic Acquisition
Hiremii Limited has delivered a milestone half-year result for the six months ending 31 December 2025, reporting revenue of $16.1 million, a 10.1% increase compared to the prior half-year. This growth was driven by strong performance in its core recruitment services and the strategic acquisition of Prince Migration & Education Pty Ltd, now rebranded as Hiremii Global Services. The acquisition has not only diversified Hiremii’s revenue streams but also contributed to an improved gross margin of 10%, up from 8.8% previously.
Technology Innovation at the Forefront
Central to Hiremii’s growth story is its proprietary AI-driven recruitment platform. The company has significantly enhanced its agentic AI capabilities by transitioning core workloads to AWS Bedrock, resulting in faster processing, lower operating costs, and notably higher accuracy in candidate skills extraction and shortlisting. These technological advancements underpin a growing pipeline of enterprise and mid-market trials, validating the platform’s product-market fit and setting the stage for recurring revenue streams expected in late FY26.
Capital Raises Fuel Expansion
To support its ambitious growth plans, Hiremii successfully completed two capital raises totaling over $2.4 million before costs. The first, an oversubscribed placement of $650,000 in October 2025, and a subsequent strategic investment round of $1.76 million in January 2026, have strengthened the company’s balance sheet. These funds are earmarked for accelerating platform commercialisation, advancing AI-led product enhancements, and pursuing further strategic acquisitions to scale its recruitment automation and workforce mobility services.
Financial Performance and Outlook
Despite the revenue gains, Hiremii reported a loss after tax of $499,823 for the half-year, slightly higher than the previous period’s loss. The loss reflects increased depreciation and amortisation expenses, including those related to customer contracts acquired with Hiremii Global Services, as well as higher employee benefits costs following the acquisition. However, adjusted EBITDA loss improved by 25%, signalling operational progress. The company’s diversified client base of over 50 top-tier customers and its sharpened focus on higher-margin permanent and retained recruitment services provide a solid foundation for future growth.
Leadership and Strategic Direction
Post-period, Hiremii appointed Vaughan Webber as non-executive director and Board Chair, reinforcing governance as the company enters a critical growth phase. Management remains focused on converting technology trials into recurring revenue and leveraging strategic partnerships across Australia, Asia Pacific, and the Americas. The integration of Hiremii Global Services and ongoing AI platform innovation position the company well to capture emerging opportunities in recruitment technology and workforce mobility.
Bottom Line?
Hiremii’s blend of AI innovation and strategic acquisitions sets a promising trajectory, but investors will watch closely as technology trials translate into sustainable revenue.
Questions in the middle?
- How quickly will Hiremii convert its growing AI platform trials into recurring revenue?
- What impact will the performance rights linked to Prince Migration’s EBIT targets have on future shareholder dilution?
- Can the company sustain margin improvements while scaling its technology and recruitment services internationally?