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Be the first with the news that moves the market- HIRE Technologies (HIRE) announces its financial results for the quarter and year ended December 31, 2021
- Record revenue of $27.7 million for the year, with YoY growth of $16.3 million, a 143 per cent increase
- Gross margin of $12.2 million in FY 2021, 3.5x higher than 2020
- Positive adjusted EBITDA of $0.1 million for the year
- HIRE Technologies CEO Simon Dealy sat down with Folake Ekwubiri 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$0.17 per share
HIRE Technologies (HIRE) has announced its financial results for the quarter and year ended December 31, 2021.
Highlights include:
- Record revenue of $27.7 million for the year, with year-over-year growth of $16.3 million, a 143 per cent increase
- $8.1 million in revenue for the quarter ended December 31, 2021, marking HIRE’s fifth consecutive quarter of sequential record revenues
- Organic growth of 32 per cent for the year
- Gross margin for the year of $12.2 million, 3.5x higher than 2020.
- Gross margin for the quarter of $4.0 million, 204 per cent higher than the quarter ended December 31, 2020
- Adjusted EBITDA of $0.1 million for the year and $0.3 million for the quarter
Simon Dealy, CEO of HIRE, sat down with Folake Ekwubiri to discuss the numbers.
Hire Technologies Inc is focused on the acquisition of information technology, staffing, and HR consulting firms.
Hire Technologies Inc. opened trading at C$0.17 per share.
