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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