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The latest update is out from LiveHire Ltd. ( (AU:LVH) ).
LiveHire reported its quarterly performance for the period ending 31 December 2024, highlighting its focus on the core SaaS business and growth in the North American Direct Sourcing sector. Despite challenges such as a 91% increase in operating cash outflows and a 32% decrease in cash receipts, the company raised $3.036 million through an entitlement offer. The announcement also noted a significant increase in Direct Sourcing revenue and headcount on assignment, alongside proactive capital management that included Humanforce’s takeover bid, which led to a 94.66% shareholding, and the repayment of a loan. Humanforce has initiated the compulsory acquisition process for the remaining shares, which signifies a strategic shift and impacts stakeholders.
More about LiveHire Ltd.
LiveHire is an Australian company specializing in recruitment, talent mobility, and direct sourcing platforms. Founded in 2011, it provides services that enhance candidate experience and enable businesses to manage talent efficiently. The company is headquartered in Melbourne with additional offices in Sydney and Perth.
YTD Price Performance: 2.50%
Average Trading Volume: 1,054,228
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$18.87M
For detailed information about LVH stock, go to TipRanks’ Stock Analysis page.
