Emerging Stocks Down Under 1 March 2022: Livehire (ASX:LVH)

Livehire: Can it benefit from the Great Resignation

In today’s edition of Emerging Stocks Down Under, we’re looking at HR tech company Livehire. Livehire’s product is a cohesive talent acquisition package that organizes and automates huge parts of the talent acquisition process. It is a busy time to be in the recruitment space with the so-called Great Resignation around the world. Unfortunately, the company isn’t at EBITDA positivity just yet – it isn’t projected to reach this milestone by FY24 and will likely have to raise further capital before then. We also believe that even though the platform would benefit larger organisations, we are less certain of the benefit for smaller companies. Therefore we’ve given this company two stars.

Click here to read the previous edition of Emerging Stocks Down Under published 22 February 2022

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