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GO2 People "turn-around" continues, losses shrinking

The GO2 People's "right-sizing" efforts are bearing fruit, with operating expenses reduced significantly in the past six months, and the company says its EBITDA trend is "encouraging".

The GO2 People has reported revenue growth of 19.7% year-on-year in the December half, with its net loss reducing by a similar amount.

Operating expenses have reduced to 16.8% of revenue, from 27.4% in the previous corresponding period, it notes.

This follows a period of "right-sizing", outlined last year by MD Shawn Murphy, while at the same time growing client numbers and margins...