Glints eyes 2027 profit as growth continues, losses ease in 2025

After a revenue dip in 2023, recruitment platform Glints returned to growth in 2024.

In 2024, Glints’ revenue rose 6% year on year to S$46.4 million (US$36.2 million), its audited financial statements show. At the same time, the company reduced its loss before taxes by 13% to US$17.8 million.

Co-founder and executive chairman Oswald Yeo tells Tech in Asia that in 2025, the company grew its revenue “roughly in line” with 2024. Its operating losses also narrowed by 45% last year.

This development was driven by industry shifts caused by AI and the expansion of more Chinese and Japanese businesses into Southeast Asia, says Yeo. The firm also had to sunset low-margin products while investing in other “profit-contributing” ones.

Glints operates across Singapore, Indonesia, Malaysia, Vietnam, Taiwan, and the Philippines. Its clients include home services platform Luce, travel-focused AI chatbot firm Tripla, and people management platform Quokka.

While growing demand for Southeast Asian talent opened doors for Glints in 2024, the company is now knocking on new ones: SMEs and AI.

Chasing group-level operating profit

Glints has two main offerings: Talent Platform, which can be used to manage existing teams, and Talent Solutions, which connects companies to potential hires.

Talent Platform is a self-serve dashboard that gives companies a quick view of their employees’ status, location, and contract type. Designed for SMEs, the employee management platform also supports functions like leave management, attendance logging, and invoice payment tracking.

Launched in 2023, the platform about 190% year-over-year growth in net billings in 2025. Currently available in Indonesia and Singapore, the platform will soon roll out in Malaysia.

Glints’ investment in its self-serve infrastructure drove down Talent Platform’s cost per connected opportunity – which measures the marketing spend needed to generate a sales lead – by more than 90% since January 2023.

“Our platform is getting dramatically more efficient as it scales,” Yeo notes.

Outgoing chief executive Oswald Yeo (left) with incoming CEO Dylan Huang / Photo credit: Glints

Talent Solutions, meanwhile, lets the company serve as a single point of contact for clients hiring remote employees across Southeast Asia. The platform, which has been around since 2019, deals with different aspects of employment, including local labor laws, salary disbursements, and employment contracts.

Last year, Talent Solutions “flipped from a loss-making to a profit-contributing business,” achieving operating profit as a business unit as of June, says Yeo, who stepped down from his role as CEO in May 2025 after 12 years. He was succeeded by Dylan Huang, Glints’ then-CTO.

Over two years of runway

Cross-border hiring remains steady

AI generating jobs