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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
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Revenues up but losses widen at Employment Hero
Australia,
102335