Hiremii Ltd. (HMI) AI Stock Analysis

• Market Cap: AU$8.09M
• Dividend Yield: N/A
• Average Volume (3M): 14.91K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.19
• Revenue Growth: 19.94%
• EPS Growth: 58.99%
• Country: AU
• Employees: N/A
• Sector: Industrials
• Sector Strength: 77
• Industry: Staffing & Employment Services
• EPS (TTM): >-0.01
• Shares Outstanding: 147,115,400
• 10 Day Avg. Volume: 17,001
• 30 Day Avg. Volume: 14,908
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Hiremii Ltd.'s overall score reflects its strong revenue growth but is weighed down by significant profitability and financial structure concerns. The technical analysis indicates short-term positive momentum, although caution is advised due to overbought signals. The valuation remains unattractive due to the negative P/E ratio and lack of dividends, highlighting the need for the company to achieve profitability.

Hiremii Ltd. Business Overview & Revenue Model

Company Description

Hiremii Limited operates as a labour hire and recruitment company in Australia. It operates Hiremii technology, a cloud-based platform. The company also provides recruitment and full-service labour hire solution that provides digitized employee onboarding services. Hiremii Limited was founded in 2017 and is based in Perth, Australia.

How the Company Makes Money

Hiremii Ltd. makes money through its recruitment and staffing services by charging fees for successful placements made via its platform. The company generates revenue primarily from placement fees, which are paid by employers when they hire a candidate sourced through Hiremii's platform. Additionally, the company may have subscription or service fees for access to its advanced AI-driven recruitment tools, enhancing the hiring experience for employers. Partnerships with businesses seeking efficient hiring solutions and integration of their systems with Hiremii's platform are significant factors contributing to its earnings.

Hiremii Ltd. Financial Statement Overview

Summary

Hiremii Ltd. shows strong revenue growth but faces significant hurdles in achieving profitability and maintaining a stable financial structure. The company's reliance on external financing and negative cash flows indicate potential risk factors. While efforts to improve liquidity are noted, operational inefficiencies and high leverage remain key concerns.

Income Statement

Hiremii Ltd. has shown a significant increase in total revenue over the years, with a recent growth from $20.81M in 2023 to $30.06M in 2024, indicating positive revenue growth. However, the company struggles with profitability, as evidenced by negative net profit margins and EBIT margins consistently over the years. While revenue growth is a positive sign, the negative margins highlight operational challenges.

Balance Sheet

The balance sheet shows a concerning debt-to-equity ratio due to high liabilities relative to shareholder equity, which was $798K in 2024. Equity ratio is low, reflecting a weak capital structure. Positive note: there is a reduction in total debt and an increase in cash and equivalents, which suggests improved liquidity management.

Cash Flow

Free cash flow remains negative, indicating cash outflows continue to exceed inflows despite revenue growth. The operating cash flow to net income ratio is unfavorable due to negative figures, highlighting challenges in generating cash from operations. The company has consistently relied on financing activities to manage cash needs.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
30.06M	20.81M	11.44M	6.94M	6.19M
	Gross Profit
2.92M	-700.70K	-1.45M	-1.06M	-180.79K
	EBIT
-828.82K	-1.60M	-2.88M	-3.65M	-1.87M
	EBITDA
-495.13K	-1.00M	-2.45M	-3.56M	-1.69M
	Net Income Common Stockholders
-932.86K	-1.54M	-2.79M	-3.81M	-1.91M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
850.43K	1.94M	2.39M	4.21M	1.98M
	Total Assets
5.71M	5.91M	6.58M	4.86M	3.26M
	Total Debt
1.35M	302.08K	521.13K	71.52K	2.42M
	Net Debt
498.27K	-1.64M	-1.87M	-4.13M	439.21K
	Total Liabilities
4.91M	4.67M	4.01M	1.25M	4.43M
	Stockholders Equity
798.37K	1.24M	2.57M	3.61M	-1.16M
Cash Flow		Free Cash Flow
-2.32M	-66.17K	-2.82M	-3.53M	-831.44K
	Operating Cash Flow
-2.21M	28.20K	-2.47M	-3.50M	-814.65K
	Investing Cash Flow
-289.02K	-346.22K	-811.06K	-21.57K	-16.79K
	Financing Cash Flow
1.41M	-125.63K	1.49M	5.75M	2.56M

Hiremii Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HMI, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and above the 200-day MA of 0.05, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 70.66 is Negative, neither overbought nor oversold. The STOCH value of 141.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:HMI.

Hiremii Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RUL	68 Neutral	AU$623.76M	95.25	11.59%	―	9.76%	-28.92%
RHI	67 Neutral	AU$215.47M	1.35	257.93%	0.90%	―	―
Sector *	64 Neutral	$4.25B	11.69	5.23%	249.83%	4.04%	-9.46%
HMI	55 Neutral	AU$8.09M	―	-79.98%	―	19.94%	58.99%
3PL	54 Neutral	AU$167.84M	―	-28.12%	―	-0.33%	-671.76%
DWG	36 Underperform	AU$14.31M	―	-434.90%	―	72.45%	47.70%

Hiremii Ltd. Corporate Events

Hiremii Limited Achieves AI Platform Milestone and Outperforms Industry Standards

Hiremii Limited has achieved a significant milestone by completing its 2024-25 product roadmap ahead of schedule, introducing a disruptive AI-first tech-recruitment solution. The company’s proprietary AI platform has outperformed industry benchmarks in candidate shortlisting accuracy and has been deployed for a global pharmaceutical client. Despite a slight decline in Q3 FY25 revenue due to a global slowdown, the market is showing signs of recovery, and the company maintains a stable gross profit margin.

Hiremii Limited Reports Revenue Growth Amidst Reduced Losses

Hiremii Limited reported a 5.6% increase in revenues for the half-year ending December 31, 2024, reaching $15,152,144. Despite this growth, the company experienced a reduced loss of $474,629, down 23.2% from the previous year. No dividends were declared during this period. The financial results indicate a positive trend in revenue growth, although the company continues to operate at a loss, reflecting ongoing challenges in achieving profitability.