Best Value AI Stock on ASX

HR Recruitment Technology Stock using AI and Automation to simplify the recruitment and hiring process.

HMI market cap at $4M.

Cash in bank as at 31 Dec 23 of over $1M (plus $900k received in mid January)

Revenue is growing fast from approx
$11m in FY22
$21m in FY23
$30m in FY24 (based on last quarter revenue of $7.5M)

Big Contracts with major players in the Energy and Renewables sector and other growing verticals as well.

Totally under-covered stock, new management appear to have their head down growing the HR / Software business and driving growth.

Supportive Shareholder base with one top 20 holder group buying up 20% over the last 2 years and another other successful HNW investor maxing out recently just below 20% (able to buy more subject to creep provisions but it just shows he has continued to confidently buy a tonne of HMI over the last 2 years).

In my opinion other stocks would be capped at $50M based on this - typically deep value stocks trade like this hence the massive re-rate opportunity.