OverviewSuggest Edit

ELMO Software is a company providing cloud-based HR and payroll software solutions. It allows companies to manage payroll, recruitment, and onboarding processes using HIRE suite of solutions. The company also helps customers to automate operations in such areas as pre-build courses, learning management systems, course builders, performance management systems, succession management, etc.

TypePublic
Founded2002
HQSydney, AU
Websiteelmosoftware.com.au
Employee Ratings3.8

Latest Updates

Employees (est.) (Jun 2020)384(+39%)
Revenue (FY, 2020)$50.1 M(+25%)
Share Price (Sept 2021)$4.8
Cybersecurity ratingAMore
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Key People/Management at ELMO

Danny Lessem

Danny Lessem

Co-Founder, CEO, Executive Director
Gordon Starkey

Gordon Starkey

COO
Samuel Sun

Samuel Sun

CTO
Monica Watt

Monica Watt

Chief Human Resources Officer
Darryl Garber

Darryl Garber

Chief Commercial Officer
James Haslam

James Haslam

CFO
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ELMO Office Locations

ELMO has offices in Sydney, Brisbane City, Canberra, Melbourne and in 3 other locations
Sydney, AU (HQ)
level 27/580 George St
Brisbane City, AU
Eva Air, level 3/127 Creek St
Canberra, AU
level 5/7 London Cct
Melbourne, AU
level 7/530 Collins St
Perth, AU
level 5/167 St Georges Terrace
Auckland, NZ
Level 3/18 Sale Street
Show all (7)

ELMO Financials and Metrics

ELMO Revenue

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ELMO's revenue was reported to be $50.05 m in FY, 2020 which is a 25% increase from the previous period.
AUD

Revenue (FY, 2020)

50.1m

Revenue growth (FY, 2019 - FY, 2020), %

25%

Gross profit (FY, 2020)

42.1m

Gross profit margin (FY, 2020), %

84.1%

Net income (FY, 2020)

(18.6m)

Market capitalization (17-Sept-2021)

431.8m

Closing stock price (17-Sept-2021)

4.8

Cash (30-Jun-2020)

139.9m

EV

310.7m
ELMO's current market capitalization is $431.8 m.
Annual
AUDFY, 2018FY, 2019FY, 2020

Revenue

26.5m40.1m50.1m

Revenue growth, %

51%25%

Cost of goods sold

2.2m5.4m8.0m

Gross profit

24.3m34.7m42.1m
Half Year
AUDH1, 2018H1, 2019H1, 2020

Revenue

10.9m17.7m23.6m

Cost of goods sold

924.0k2.6m3.7m

Gross profit

10.0m15.0m20.0m

Gross profit Margin, %

92%85%85%
Annual
AUDFY, 2018FY, 2019FY, 2020

Cash

46.0m27.7m139.9m

Accounts Receivable

6.4m9.5m12.9m

Current Assets

57.7m38.0m152.2m

PP&E

5.8m4.2m4.6m
Half Year
AUDH1, 2018H1, 2019H1, 2020

Cash

15.3m38.9m78.1m

Current Assets

20.8m48.8m88.0m

PP&E

512.0k4.4m4.7m

Goodwill

12.1m21.4m36.1m
Annual
AUDFY, 2018FY, 2019FY, 2020

Accounts Payable

(24.7m)(40.2m)(52.9m)

Cash From Operating Activities

4.1m5.5m6.4m

Purchases of PP&E

(5.6m)(1.0m)(1.8m)

Cash From Investing Activities

(27.8m)(21.3m)(30.0m)
Half Year
AUDH1, 2018H1, 2019H1, 2020

Accounts Payable

(11.6m)(22.0m)(29.0m)

Cash From Operating Activities

(740.0k)(1.7m)(1.7m)

Purchases of PP&E

(90.0k)(450.0k)(1.1m)

Cash From Investing Activities

(10.5m)(5.4m)(14.5m)
AUDH1, 2018

Financial Leverage

1.8 x
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ELMO Operating Metrics

ELMO's New Customers was reported to be 337 in FY, 2020. ELMO's Customers was reported to be 2.9 k in H1, 2021.
FY, 2018H1, 2019FY, 2019H1, 2020FY, 2020H1, 2021

ARR

$13.1 m$36.4 m$46 m$52 m$55.1 m$67.3 m

ARR per Customer

$35.2 k$32.7 k$23.3 k

Customers

1.03 k1.13 k1.34 k1.48 k1.68 k2.89 k

New Customers

507265337
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ELMO Acquisitions / Subsidiaries

Company NameDateDeal Size
WebexpensesDecember 16, 2020
BreatheOctober 07, 2020
Vocam Pty LimitedFebruary 27, 2020$3.5 m
Get BoxSuite Pty LimitedJanuary 31, 2019$1.4 m
HROnboard Pty LimitedJanuary 31, 2019$10 m
Pivot SoftwareFebruary 28, 2018
PayrollDecember 31, 2017$1.4 m
LiveSalaryNovember 30, 2017$10 m
PeoplePulseNovember 30, 2017
ELMO Accredited Pty Limited
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ELMO Revenue Breakdown

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ELMO revenue breakdown by geographic segment: 90.9% from Australia, 8.7% from New Zealand and 0.4% from Other

ELMO Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

ELMO Online and Social Media Presence

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ELMO News and Updates

The Station at St. Elmo sees first-time 5-hour SELLOUT in South Austin's up-and coming St. Elmo district

AUSTIN, Texas, May 17, 2021 /PRNewswire/ -- The 132 condos that comprise The Station at St. Elmo were completely sold out in a first-ever, record breaking five hours during a same-day virtual sales launch event held this month by Legacy Communities and Legacy Performance Capital,...

HR tech platform ELMO is using artificial intelligence to predict when staff are about to resign

ASX-listed payroll and HR software platform ELMO (ASX:ELO) is using artificial intelligence in a new people analytics product that can predict when people are looking to leave the business. The company said its Predictive People Analytics (PPA) module is the first phase of a suite of new machine lea…

ELMO Frequently Asked Questions

  • When was ELMO founded?

    ELMO was founded in 2002.

  • Who are ELMO key executives?

    ELMO's key executives are Danny Lessem, Gordon Starkey and Samuel Sun.

  • How many employees does ELMO have?

    ELMO has 384 employees.

  • What is ELMO revenue?

    Latest ELMO annual revenue is $50.1 m.

  • What is ELMO revenue per employee?

    Latest ELMO revenue per employee is $130.3 k.

  • Who are ELMO competitors?

    Competitors of ELMO include Employment Hero, PeopleQlik and PageUp.

  • Where is ELMO headquarters?

    ELMO headquarters is located at level 27/580 George St, Sydney.

  • Where are ELMO offices?

    ELMO has offices in Sydney, Brisbane City, Canberra, Melbourne and in 3 other locations.

  • How many offices does ELMO have?

    ELMO has 7 offices.