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  • HIRE Technologies (HIRE) has announced financial results for the quarter ended March 31, 2022
  • Highlights include revenue of $9.1 million, up 66 per cent from Q1, 2021
  • Gross margin of $4.5 million, versus $2.3 million in Q1, 2021
  • Positive adjusted EBITDA of $1 million for the year 
  • HIRE Technologies CEO Simon Dealy sat down with Coreena Robertson to discuss the results
  • Hire Technologies Inc is focused on the acquisition of information technology, staffing, and HR consulting firms
  • Hire Technologies Inc. (HIRE) opened trading at C$0.12 per share

HIRE Technologies (HIRE) has announced its financial results for the quarter and year ended December 31, 2021.

Highlights:

  • Revenue of $9.1 million, up from $5.5 million in Q1-2021
  • Gross margin was 49 per cent on a percentage of revenue basis, a seven-point improvement over Q1-2021
  • Positive adjusted EBITDA of $1.0 million 

Simon Dealy, CEO of HIRE, sat down with Coreena Robertson to discuss the results.

“Q1 showcased the potential of the HIRE portfolio companies and what we have achieved across the network over the last two years. A strong hiring climate and our ability to deliver on client demands across the country resulted in a 66 per cent increase on our top-line and produced solid operating performance.”

Hire Technologies Inc is focused on the acquisition of information technology, staffing, and HR consulting firms.

Hire Technologies Inc. opened trading at C$0.12 per share.

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