Nixxy, Inc. is a technology and recruitment company focused on providing innovative solutions for talent acquisition and human resource management.

# Nixxy, Inc. Overview

## Business Profile
Nixxy, Inc. operates within the technology and recruitment space, focusing on providing innovative solutions for talent acquisition and human resource management. Initially a part of Recruiter.com Group, Inc., the company has transitioned to operate independently and offers various services through its platform.

### Key Offerings
- **Talent Acquisition Solutions**: Nixxy utilizes advanced technology to streamline and enhance the recruitment process, including applicant tracking systems and AI-driven analytics.
- **Workforce Management Tools**: The company provides software solutions that help organizations manage their workforce efficiently, from hiring to performance reviews.

## Company Statistics
- **Number of Customers**: As of the latest reports, Nixxy has a growing customer base; however, specific numbers were not disclosed in the provided data.
- **Employees**: The company has a team that works on technology development, customer support, and sales, although specific figures regarding total employees were not provided in the data.
- **Revenue**: The financial performance, including revenue figures, has not been explicitly mentioned in the report.
- **Income**: The latest data does not specify income or profitability status for Nixxy, Inc.

## Growth Trajectory
- Nixxy has shown signs of growth through various strategic acquisitions and partnerships. This includes recent agreements with companies like Savitr Tech OU and Mexedia S.p.A. SB to enhance its service offering and market reach.

## Conclusion
Nixxy, Inc. is positioned in a dynamic industry, aiming to leverage technology to improve recruitment and workforce management. Through its innovative approaches and strategic partnerships, it seeks to expand its footprint in the recruitment marketplace and provide added value to its customers. Specific financial metrics such as exact customer numbers, revenue, and income could not be obtained from the available data. Further insights would typically be gathered from detailed financial reports or market analyses.

Recruiter.com Group, Inc. is a holding company that operates an On-Demand recruiting platform and provides various recruitment-related services, including job boards and candidate marketing software.

# Company Overview: Recruiter.com Group, Inc.

## General Information
- **Name**: Recruiter.com Group, Inc.
- **Type**: Holding company
- **Incorporation**: Nevada corporation
- **Founded**: February 2015
- **Headquarters**: Bristol, CT
- **Employees**: 4 full-time employees, plus independent contractors

## Business Model
Recruiter.com Group, Inc. operates an On-Demand recruiting platform focusing on transforming the employment and recruiting agency industry, which is valued at approximately $46.7 billion according to IBIS World. The Company's services include:

1. **On-Demand Contract Recruiting**: 
   - Placement of independent recruiters for client projects.
   - Flexible staffing solutions for companies seeking professional recruiters.

2. **Job Board Platforms**: 
   - Proprietary job boards, including a specialized board for recruitment professionals (Recruiter Jobs) and MediaBistro for media and creative professionals.

3. **Recruitment Education Services**:
   - Platforms offering training and continuing education for recruiters.
   - A recruiter certification program to enhance skills and marketability.

4. **Candidate Marketing Software**:
   - SaaS platforms that help businesses automate and enhance recruitment marketing efforts.

5. **Consulting Services**:
   - Talent planning, assessment, and organizational development consulting services.

## Recent Changes and Strategy
- **Financial Performance**: The Company has faced consistent net losses: approximately $6.7 million for the year ended December 31, 2023, and $16.5 million for the year ended December 31, 2022, resulting in an accumulated deficit of approximately $76.4 million as of December 31, 2023.
  
- **Revenue Generation**: 
  - Revenue is generated through various channels, including software subscriptions, consulting services, and successful placements.
  - The majority of the revenue has historically been from employer clients looking for talent acquisition solutions.

- **Strategic Transition**: 
  - The Company is currently undergoing a strategic transformation, planning to sell certain assets, including the Recruiter.com website and focus on the newly acquired technology from GoLogiq, Inc.
  - Future operations are set to emphasize a streamlined approach in line with core competencies.

## Market Position and Customers
- **Market Opportunity**: 
  - The employment and recruitment market represents significant growth potential, with opportunities for automated recruiting solutions becoming increasingly attractive in a tight labor market.

- **Customer Base**: 
  - The Company has a diverse range of clients, usually focused on specialized fields such as media, technology, healthcare, and finance.
  - As of December 31, 2023, one customer accounted for over 57% of total revenue, indicating a need to diversify the client base to minimize risk.

## Future Outlook
- **Diversification Plans**: The Company aims to reduce reliance on major clients by expanding its product offerings to cater to a broader audience and implement new technologies.
- **Anticipated Growth Areas**: Significant emphasis will be placed on community growth, business model innovations, product monetization, and possibly strategic acquisitions to complement existing services.

## Conclusion
Recruiter.com Group, Inc. is poised for significant changes as it pivots towards a more technology-driven approach in recruiting, while aiming to stabilize its financial standing and expand its customer base to ensure long-term sustainability and profitability.

Nixxy, Inc.

10-K / April 21, 2025

10-K / August 14, 2024

10-K / April 21, 2025

Nixxy, Inc. Overview

Business Profile

Key Offerings

Company Statistics

Growth Trajectory

Conclusion