LiveHire's Q125 financial highlights

LiveHire (ASX:LVH) has released its quarterly performance report for the first quarter of 2025. The company reported a 102% increase in cash receipts year-on-year, significantly boosted by a government contract with the Australian Bureau of Statistics. Operating outflows were reduced by 7% from the previous year, with a closing cash balance of $2.531 million.

LiveHire's strategic outlook and future growth

LiveHire reported a remarkable performance in Q125, with cash receipts surging by 102% due to a key contract with the Australian Bureau of Statistics. The company's strategy involves focusing on partners and clients that maximize margins, alongside effective capital structure management, evident from Humanforce's increased ownership. The SaaS segment grew by 6% in annual recurring revenue, while the Direct Sourcing business saw a 12% growth quarter-on-quarter. LiveHire aims to continue its growth trajectory by managing costs, securing strategic partnerships, and exploring financing options like the arrangement with Lighter Capital. Despite challenges, the company remains committed to enhancing recruitment and talent management services.

Executive insights on quarterly results

The contract with the Australian Bureau of Statistics has not only boosted our cash receipts but also reinforced our strategic focus on partnerships that align with our strengths. Our proactive management of capital and strategic client partnerships continue to drive growth in our SaaS and Direct Sourcing segments.