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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Australia
2 mins to read

Revenues up but losses widen at Employment Hero

Strong performance in the core Australasian markets is funding international expansion which is weighing on the bottom line

Employment Hero co-founder Ben Thompson says operating margins also improved significantly last year.

Fast growing human resources startup Employment Hero almost doubled its revenue but recorded a bigger annual loss of A$36.2 million for the year to June 30 last year.

The company, which provides cloud based HR software services in Australia and New Zealand, posted a smaller loss of A$6m in 2022 with

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Lachlan Colquhoun Wed, 17 Jan 2024
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Revenues up but losses widen at Employment Hero
Australia,
102335
true