Xref First-Half Loss Widens as Revenue Declines and Dividends Remain on Hold

An update from Xref Ltd ( (AU:XF1) ) is now available.

Xref Limited, a provider of cloud-based reference checking and HR technology solutions, reported a weaker first half for the six months to 31 December 2025, as revenue from ordinary activities fell 6.5% to $10.2 million. The company, which remains focused on digital hiring and people analytics services, did not declare any dividends for the period as it continues to prioritise investment and operational resilience.

The group’s loss after tax attributable to shareholders widened by 51.5% to $660,059, with total comprehensive loss increasing 36.9% to $750,861, underscoring ongoing profitability pressures. Net tangible assets per share improved from negative 9.14 cents to negative 6.78 cents, suggesting some balance sheet strengthening even as earnings softened, while the board signalled stability by confirming there were no changes in control, associates, or joint ventures during the half.

The most recent analyst rating on (AU:XF1) stock is a Sell with a A$0.10 price target. To see the full list of analyst forecasts on Xref Ltd stock, see the AU:XF1 Stock Forecast page.

More about Xref Ltd

Xref Limited is an Australian technology company that provides cloud-based reference checking and people analytics solutions for employers. Its platform is used in recruitment and HR processes to streamline candidate verification and support data-driven hiring decisions across various markets.

Average Trading Volume: 43,327

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$23.11M

For an in-depth examination of XF1 stock, go to TipRanks’ Overview page.