Remote working has lit a fire underneath Elmo Software’s growth, its revenue and earnings surging as companies of all sizes rush to install technology to help manage mobile, geographically dispersed workforces.
The Sydney-based human resources software provider booked a 32 per cent jump in revenue to $91.4 million for the year to June 30, with underlying earnings before interest, tax, depreciation, and amortisation coming in at $7.1 million.
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Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com
