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The latest announcement is out from Xref Ltd ( (AU:XF1) ).
Xref Ltd reported a 10% increase in revenue to $10.9 million for the first half of FY2025, with a strategic focus on subscription-based contracts and product innovation. Despite a failed acquisition attempt by SEEK, Xref remains independent and plans to continue its growth strategy as a publicly listed company on the ASX. The company is enhancing its subscription revenue model and launching new products to bolster its market position, while managing its cash flow effectively with a current balance of $4.9 million.
More about Xref Ltd
Xref Ltd is a global HR tech platform focused on providing SaaS solutions for recruitment and human resources processes. The company offers services such as reference checking and talent management, and it aims to expand its market presence through innovations like the Trust Marketplace and Enterprise Talent Pool.
YTD Price Performance: -4.65%
Average Trading Volume: 998,357
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$39.36M
See more data about XF1 stock on TipRanks’ Stock Analysis page.
