Rod Sherwood

If the extraordinary revenue growth of Perth based, ASX listed CV Check is any guide, employers are clearly becoming more and more suspicious of dodgy CV’s being submitted by job seekers. Employers appear to be embracing the concept of stress testing a job candidate's CV after CV Check posted a 50% jump in quarterly revenues for the December quarter.

Online CV screening and verification company CV Check has bolstered its board with the appointment of experienced public company director George Cameron-Dow as Non-Executive Director. He is also a non-executive director of ASX listed EVE Investments and previously sat on the boards of Bioxyne Ltd, Windward Resources and Xceed Capital.

You know the auto pilot is starting to kick in when you reduce your marketing spend by over $3m and your revenue jumps by $2m anyway. Such was the case in the December half year for ASX listed online screening and verification company CVCheck. Revenues for the half year jumped from $2.9m to $4.9m and costs appear to be well and truly under control. 

ASX listed Online screening and verification company CVCheck has posted record revenue for the fiscal third quarter driven by sustained user growth and a continued surge in corporate customers. The company expects the strong run of revenue growth to continue in Q4 FY17 and is predicting to be at breakeven by year end.

Perth-based CVCheck is charging into the black after continued strong revenue growth in April and May. The innovative provider of online police checks, employment screening and a burgeoning range of related products also has more growth in the pipeline, thanks in part to changes to 457 visas in Australia and new requirements by NZ’s Health Department.

ASX listed resume screening and verification company CVCheck has finished the financial year with revenues up 50 per cent on the back of sustained user growth and a swag of new corporate clients. The Perth based online company is aiming to get to break even by the December quarter as the corporate sector puts job seeker’s resumes to the test.

In a sign that employers are becoming increasingly wary about truth stretching job seekers, CVCheck has lifted full-year revenues by 47% to $10.43 million on the back of a growing corporate customer base. $5m in costs were stripped out of the business this year underpinning the technology company’s stated goal of breaking even in the first half of FY18.

ASX listed CV Check has started the financial year with cash receipts for the quarter up 26 per cent to $3 million on the back of a boom in corporate demand for its resume checking and verification services. The Perth-based company expects further growth in FY18 driven by cost cutting, recent wins of high-quality corporate customers and continued user take-up.

CVCheck has teamed up with leading Australian HR software company PageUp in a partnership that will see major blue-chips like Telstra, Programmed and Linfox have access to the Perth-headquartered company’s online screening and verification services. PageUp will now integrate CVCheck's resume verification services into their own software platform that is used by about 25% of Australian majors.

CVCheck, has bolted down its second partnership in a week for the company’s unique software platform that alerts HR managers to the credibility or otherwise of a job seekers resume. In an announcement this morning, the junior tech company said that major New Zealand human resources software provider SnapHire, had agreed to integrate CVCheck’s resume verification system into their platform.