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Australia – LiveHire reports Q4 direct-hire revenue up 73% sequentially, names advisory board

26 July 2021

LiveHire (LVH:ASX), an Australia-based direct-sourcing platform provider, announced last week that direct-hire revenue jumped 73% in its fiscal fourth quarter ended 30 June  when compared to the third. The company reported sequential revenue growth was driven by a spike in Covid-19 hiring, which the company believes will decline in the next quarter as a more normal growth pattern returns.

Direct-sourcing revenue was AUD 686,785 (US$517,185) in the fourth quarter compared to AUD 398,136 (US$299,818) in the third.

LiveHire also announced the formation of a global advisory board for the company to be chaired by LiveHire CEO Christy Forest and Executive Chairman Michael Rennie. Members of the advisory board will include: Andi Breslin (Sydney, Australia), head of people operations at Atlassian; Cris Buningh (Breda, Netherlands), head of procurement, Rabobank; former contingent program leaders at Unilever, Novartis and Shell; and Thespina Spivey (US), HR contingent worker program director at The Coca-Cola Co.