SEEK (SEK) Investor Day 2025 summary

Strategic Direction and Growth Opportunities

• Focus on deepening customer understanding and product experience to drive confidence in future growth, with accelerated product development post-unification.

• Holds #1 placement share in all APAC markets, with 92% brand awareness in ANZ and ~250m unique candidate visitors annually.

• Ongoing pursuit of the AUD 2 billion revenue target, with core business assumptions tracking well and renewed focus on adjacencies, including advanced discussions to reacquire Sidekicker.

• 17% yield growth CAGR since FY22, driven by value creation and a scalable, data-rich platform.

• Significant opportunity to convert more roles into placements and deepen hirer relationships across APAC.

Financial Guidance and Performance Outlook

• FY25 revenue, EBITDA, and adjusted profit are expected in the top half of guidance: revenue $1.06–$1.10bn, EBITDA $440–$470m, adjusted profit $135–$160m.

• FY 2025 guidance ranges are confirmed, with expectations to end within previously announced ranges and support for low double-digit growth versus Q2.

• Adjusted profit will benefit from lower interest costs due to refinancing and SEEK Growth Fund's partial sell-down of Employment Hero.

• Total expenditure for FY25 remains in line with expectations and will remain within guidance.

• ANZ ad tier upgrades support low double-digit yield growth; job ad volume decline has stabilized.

Product Innovation and Customer Experience

• Introduction of new ad tiers (Lite, Basic, Advanced, Premium) in ANZ and Asia, offering increased transparency, choice, and value, especially for high-fit candidates.

• AI-driven features enable dynamic pricing, personalized candidate recommendations, and improved candidate management tools for hirers.

• Enhanced candidate experience through natural language input, personalized recommendations, and real-time feedback on application status.

• Marketplace trust is a differentiator, with 2.5x growth in verifications and over 50% of ANZ applications now verified; SEEK Pass and credentialing tools are being scaled across APAC.

• Ongoing R&D in multimodal and agentic AI aims to automate complex processes like reference checks, further reducing friction and increasing placement velocity.