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HMI - Hiremii Limited

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Hiremii Limited has two core business components, a fixed fee recruitment business (operated via its wholly owned subsidiary, Hiremii Recruitment Pty Ltd) and a recruitment and full-service labour hire business, providing digitised employee onboarding and labour hire services (operated via its wholly owned subsidiary, Oncontractor Pty Ltd).

Both businesses utilise Hiremii's propriety cloud-based platform (Hiremii Platform) which uses machine learning and artificial intelligence to remove the tedious manual tasks associated with the recruitment and onboarding process, pre-vetting and shortlisting candidates based on employers' specific requirements.

The Hiremii Platform was developed to provide a digital technology solution for clients and candidates, with the aim of:• reducing the time associated with traditional labour hire and recruitment processes;• enhancing client and candidate user journeys by streamlining the incremental steps associated with the traditional labour hire and recruitment process;
  • providing clients with verified candidate profiles as well as remove unconscious bias in the candidate shortlisting process; and
  • connecting candidates with clients/employers directly and providing transparency in respect to the recruitment process.
Over the past three years, the Company has developed the Hiremii Platform, commenced the operation of its labour hire and fixed fee recruitment business and has achieved audited sales revenue growth from A$73,246 for the financial year ended 30 June 2018 to A$6,186,274 for the financial year ended 30 June 2020.

Hiremii's sales revenue for the six months period ended 31 December 2020 was A$3,523,651 (the majority of revenue being derived from labour hire business with the recruitment business only having been recently established).

It is anticipated that HMI will list on the ASX during May 2021.

 
Listing date7 May 2021 #
Company contact detailshttps://hiremiigroup.com/
Ph: +61 412 330 859
Principal ActivitiesLabour hire and recruitment
GICS industry groupTBA
Issue Price$0.20
Issue TypeOrdinary Fully Paid Shares
Security codeHMI
Capital to be Raised$6,000,000
Expected offer close date30-Apr-21
UnderwriterNot underwritten. Sandton Capital Advisory Pty Ltd and Cadmon Advisory Pty Ltd (Joint Lead Manager)
 


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