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Seek Limited ( (AU:SEK) ) has shared an update.
Xref Limited reported a 10% increase in revenue for H1 FY2025 to $10.9 million, and a strategic review led to an acquisition offer from Seek, which was ultimately rejected by shareholders, resulting in Xref remaining independent. The company continues to focus on subscription revenue growth and product innovation, maintaining a cash balance of $4.9 million, and plans to launch new initiatives in the second half of FY2025.
More about Seek Limited
Xref Limited is a global HR technology platform company listed on the ASX, focusing on transforming its platform and business model to support future growth. The company specializes in subscription-based services and continues to innovate its product range, with an emphasis on expanding its Enterprise Talent Pool and other marketing initiatives.
YTD Price Performance: 1.63%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5B
For a thorough assessment of SEK stock, go to TipRanks’ Stock Analysis page.
