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Australia – Talent International full year revenue remains stable as EBITDA rises

18 August 2021

Australia-based privately owned global technology & digital recruitment specialist Talent International reported revenue for the full year 2021 of AUD 725 million, a slight decline of 0.1% when compared to AUD 726 million last year. EBITDA was up 12% year on year.

The group said that despite the global pandemic crisis, it performed well with all three regions (ANZ, UK and US). Global contractor numbers increased by 17% year-on-year. The largest increases in contractor numbers were seen by the eastern states of Australia. Permanent revenue was at record numbers in the last quarter of FY 2021.

Talent also reported that it gained significant traction with both Talent Managed Solutions, its RPO business line, and Avec, its technology consulting business, with both delivering strong growth.

Talent’s charitable foundation, Talent Rise, appointed Karen Graham this year as ANZ CEO, and Michelene Hart, who is Non-Executive Director of Talent, as its ANZ Chair.

“These appointments will enable Rise to expand into other locations and launch a range of new initiatives benefiting young people with barriers to employment. To date, Talent Rise has engaged more than 3,000 young people through workshops and mentoring and has successfully placed over 350 into meaningful employment,” the group stated.

Talent Chairman Richard Earl said, “These results are a significant uplift on the previous year as we see the more established and traditional parts of our business move into even stronger and more sustainable profitability. What’s exciting is that new business lines such as Managed Solutions, RPO, and Avec, whilst still in a relatively formative stage, are starting to make a real contribution with fantastic growth opportunities ahead of them. All of this achieved in such challenging times is a real measure of the spirit and the togetherness of the leadership team and everyone associated with the business. As a tech/digital specialist the future appears very bright!”

Yaron Segal, Global CFO Talent, said, “It has been pleasing to see the robustness of the business through a period characterised by volatility and uncertainty. Our strong profitability and balance sheet, positions the company well for future growth to be delivered by our outstanding team.”