Evan Sohn, CEO of Recruiter.com Group, Inc. (OTCQB: RCRT), an on-demand hiring platform powered by more than 28,000 recruiters and AI and video hiring technology, yesterday shared the state of the company as well as his vision for the year ahead during Proactive's One2One Virtual Investor forum.
"Here we are at this great rehire, and the need to scale up recruiting teams is fast and fierce," shared Sohn during the presentation, "we're able to leverage that with our on-demand platform."
The company ended 2020 with a $10M revenue run rate and expects to deliver 4x that by the end of 2021. This will be accomplished by capitalizing on the investments made in 2020 in video technology, AI-enabled candidate search and matching capabilities, and on-demand recruiting services to hire talent faster (and better) for clients and recruiters.
Recruiter.com Group, Inc.
Recruiter.com is disrupting the $120 billion recruiting and staffing industry by combining an AI and Video hiring platform with the world's largest network of over 27,500 small and independent recruiters. Businesses of all sizes recruit talent faster using the Recruiter.com platform, which is powered by virtual teams of Recruiters On Demand and Video and AI job-matching technology. Visit https://www.recruiter.com.
For investor information, visit https://www.recruiter.com/investors.html.
Please follow social media channels for additional updates:
LinkedIn Recruiter Network Group:https://www.linkedin.com/groups/42370/
LinkedIn Company Page:https://www.linkedin.com/company/1240434
Twitter Company Page:https://twitter.com/recruiterdotcom
Facebook Company Page:https://www.facebook.com/RecruiterDotCom
Company Contact:
Recruiter.com Group, Inc.
Sarah Schultz
Director of Communications
Recruiter.com Group, Inc.
sschultz@recruiter.com
Phone: (855) 931-1500
Investor Relations:
Dave Gentry
RedChip Companies, Inc.
Phone: (407) 491-4498
dave@redchip.com
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including the anticipated improvements of the job market over the short and long term, expected improvement of the job requirement loads in the next 30 days, expected robust recoveries in the healthcare, construction and education segments, and the anticipated increase in demand in the aviation / aerospace segment and the arts / music / journalism segment. The words "forecasts" "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include continued demand for professional hiring, the accuracy of the Recruiter Index® survey, the impact of the COVID-19 pandemic on the job market and the economy as virus levels are again rising in many states, and the Risk Factors contained within our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2019. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.