ELMO Software Ltd (ASX: ELO) was founded in 2002. It’s a cloud-based HR and payroll software provider for businesses. The idea is that it offers a single platform for organisations to unify and streamline the HR processes whilst also managing payroll, rostering and attendance. It sells its software on a recurring subscription model.
The S&P/ASX 200 (INDEXASX: XJO) (^AXJO) and All Ordinaries (INDEXASX: XAO)(^AORD) indices ended mostly flat on Wednesday as shares of Afterpay Touch Group Ltd (ASX: APT) and Blue Sky Alternative Investments Ltd (ASX: BLA) headed south.
The Australian share market or S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) index is expected to open higher Tuesday morning, according to data from the Sydney Futures Exchange.
