Tech worker shortage could throttle revenue – Plexure

Fri, 21 May 2021

Plexure says it could end up having to forgo revenue or move high paying tech jobs offshore if the government doesn’t find a way to get more skilled workers into the country.The company’s executives have been disappointed by market reaction to their full-year result, which showed a confronting $7.9 million net loss although underlying earnings were slightly better than March guidance.Earnings before interest tax depreciation and amortisation was a loss of $5m, against guidance of $5.6m, and the share price plunged more than 10%...

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