close
MENU
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

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Lachlan Colquhoun Wed, 17 Jan 2024
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Revenues up but losses widen at Employment Hero
Australia,
102335
true