Hiremii Limited (ASX: HMI) has outlined an ambitious strategy to build a $100 million Workforce Intelligence business over the next three years as it progresses its proposed rebrand to AQYR Limited. The change, which remains subject to shareholder approval at the company’s 2026 AGM, reflects Hiremii’s transition from a traditional recruitment and labour-hire business into an AI-powered Workforce Intelligence platform focused on the global energy, resources and infrastructure sectors.
The strategy builds from an increasingly established operating base. Hiremii reported record FY26 revenue of $32 million, its strongest full-year gross profit result to date, positive operating cash flow and its first period of positive adjusted EBITDA on an unaudited basis. The company also brings existing enterprise relationships, commercialised technology and specialist expertise across resources, energy and infrastructure, which management believes provide the foundation to accelerate its transformation.
A central part of the AQYR strategy is improving the quality of revenue rather than relying solely on top-line growth. Hiremii plans to progressively increase its exposure to Workforce Intelligence, SaaS, subscription and technology-enabled workforce solutions, creating a greater proportion of recurring and higher-margin revenue. The investor presentation contrasts traditional recruitment margins of around 10% with software margins of 70–90% and analytics margins of 50–80%, highlighting the potential impact of the changing revenue mix.
Technology sits at the centre of that shift. AQYR’s platform combines proprietary workforce data, recruitment intelligence, an industry knowledge graph and large language model reasoning to provide workforce analytics, candidate intelligence and talent discovery. The model is designed to help customers understand labour markets, identify suitable candidates and secure critical workers faster, while allowing AQYR to generate revenue through subscriptions, SaaS and services alongside its existing workforce operations.
Growth is expected to come from three main areas: improving the revenue mix, expanding organically and pursuing disciplined acquisitions. Organic opportunities include greater technology adoption among existing enterprise customers, Workforce Intelligence RPO, geographic expansion and entry into adjacent industries. Acquisitions would target complementary businesses capable of adding earnings, capabilities, recurring revenue or geographic reach while strengthening the broader AQYR platform. The company says its proposed name captures both sides of the strategy – helping customers “acquire” critical talent while pursuing acquisitions to accelerate its own growth.
Managing Director and CEO Andrew Hornby said the proposed rebrand reflects how significantly the business has evolved. “We started as a recruitment business; today we provide a Workforce Intelligence platform that helps our clients understand the market, identify the right people and secure the workforce they need, faster,” he said.
For Hiremii, the longer-term investment case rests on turning its existing recruitment customer base and industry expertise into a more scalable technology-led business. The plan is to build a larger Workforce Intelligence company with stronger margins, increasing recurring revenue and a broader platform, with management targeting significant growth over the next three years as the proposed AQYR strategy takes shape. Click here to view the full announcement.
And if you want to watch the presenation, Andrew Hornby will be presening at Sharecafe’s Hidden Gems webinar on 19th August 2026 at 12:30pm AEST, register here.
