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Tech and culture investments flow through to bottom line

Tech investments and a cultural overhaul are paying off for healthcare recruiter Talent Quarter, with people achieving "amazing outcomes... way above what you would see in a normally strong market", according to managing director Sue Healy.

Revenue for the past financial year was up 115%; meanwhile gross margin rose 98% and the bottom line "reversed from a small loss to a very pleasing profit for the year".

And in the most recent (September) quarter, revenue was up 200% year-on-year, gross margin by 260%, and EBITDA by 900%.

Since rebranding from Sugarman Group there have been "a lot of balls in the air", but the focus on "really consolidating" the on-hire businesses is now paying dividends, Healy says, alongside the benefits of stronger cost control...