Xref Ltd (XF1) AI Stock Analysis

• Market Cap: AU$36.31M
• Dividend Yield: N/A
• Average Volume (3M): 243.13K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.22
• Revenue Growth: 0.40%
• EPS Growth: 66.36%
• Country: AU
• Employees: 99
• Sector: Technology
• Sector Strength: 86
• Industry: Software - Application
• EPS (TTM): -0.01
• Shares Outstanding: 220,089,770
• 10 Day Avg. Volume: 148,551
• 30 Day Avg. Volume: 243,129
• PEG Ratio: <0.01
• Price to Book (P/B): -156.22
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -14.56
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 50 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

The most significant factor influencing Xref Ltd's stock score is its weak financial performance, marked by financial instability and inefficiencies. Although technical analysis shows some positive momentum, the negative valuation metrics further underscore financial challenges.

Xref Ltd Business Overview & Revenue Model

Company Description

Xref Ltd (XF1) is a technology company that operates in the human resources sector, specializing in online reference checking and verification services. The company's core product is its cloud-based platform that automates the process of collecting and verifying candidate references, offering solutions that improve the hiring process for organizations across various industries.

How the Company Makes Money

Xref Ltd generates revenue primarily through subscription-based services offered on its platform. The company charges organizations a fee to access its automated reference checking solutions, which streamline the hiring process by reducing the time and effort required to collect and verify candidate references. Xref's revenue model is predominantly based on recurring subscriptions, with clients typically entering into contracts for a specified term, thereby providing a consistent revenue stream. The company may also earn revenue through partnerships with other HR technology providers, integrating its services into broader recruitment and talent management solutions. Additionally, Xref may offer premium features or services that contribute to its earnings, although specific details on such offerings are not provided.

Xref Ltd Financial Statement Overview

Summary

Xref Ltd faces significant financial challenges across income, balance sheet, and cash flow metrics. Persistent losses, declining revenues, negative equity, and cash flow difficulties raise concerns about the company's financial health and sustainability. Stability and profitability improvements are crucial for better financial performance.

Income Statement

The company has struggled with profitability, as evidenced by negative EBIT and net income margins over the past few years. Revenue has decreased by approximately 2.6% from the previous year, indicating challenges in maintaining revenue growth. The gross profit margin remains strong at around 87.3%, but the negative EBITDA margin highlights operational inefficiencies.

Balance Sheet

Xref Ltd exhibits a weak balance sheet with negative stockholders' equity, indicating insolvency risks. The debt-to-equity ratio is not calculable due to negative equity, and the company's equity ratio is also negative. These factors suggest significant financial instability and leverage issues.

Cash Flow

The company has negative free cash flow, indicating a lack of cash generation from operations. Operating cash flow has declined sharply, and the free cash flow to net income ratio is negative, highlighting the company's inability to generate cash profits. There is a concerning decline in free cash flow over the periods studied.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	20.80M	19.86M	20.40M	18.59M	14.45M	8.03M
Gross Profit	18.60M	17.33M	17.15M	14.92M	3.02M	-4.58M
EBITDA	-2.69M	-1.76M	-1.36M	1.57M	3.68K	-9.89M
Net Income	-2.03M	-5.68M	-3.36M	153.08K	78.08K	-10.06M
Balance Sheet
Total Assets	20.46M	20.36M	22.90M	20.17M	15.00M	8.47M
Cash, Cash Equivalents and Short-Term Investments	3.33M	4.59M	6.84M	11.67M	8.13M	2.87M
Total Debt	9.10M	8.35M	5.33M	4.96M	4.69M	475.51K
Total Liabilities	26.86M	26.21M	23.10M	18.70M	16.01M	10.88M
Stockholders Equity	-6.40M	-5.85M	-202.52K	1.47M	-1.01M	-2.40M
Cash Flow
Free Cash Flow	750.97K	-3.80M	-2.17M	-833.27K	1.19M	-7.45M
Operating Cash Flow	787.16K	-678.80K	454.40K	627.48K	2.32M	-7.38M
Investing Cash Flow	-2.42M	-3.12M	-4.34M	-1.46M	-1.13M	-648.62K
Financing Cash Flow	1.34M	1.56M	-952.81K	380.71K	4.07M	2.86M

Xref Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.16
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:XF1, the sentiment is Positive. The current price of 0.16 is above the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.14, and below the 200-day MA of 0.16, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 62.81 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:XF1.

Xref Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PRO	51 Neutral	AU$31.34M	―	-52.29%	―	4.10%	-115.05%
XF1	50 Neutral	AU$36.31M	―		―	0.40%	66.36%
Sector *	50 Neutral	AU$1.48B	1.28	-28.24%	3.26%	16.24%	-7.89%
AMX	44 Neutral	AU$21.37M	―	-24.21%	―	-11.35%	-49.13%
FLX	43 Neutral	AU$39.03M	―	-1801.55%	―	27.94%	28.75%
8CO	41 Neutral	AU$4.03M	―	-349.78%	―	-10.57%	67.60%
DUB	38 Underperform	AU$47.22M	―	-131.93%	―	15.31%	61.52%

Xref Ltd Corporate Events

Xref Limited Completes Share Purchase Plan, Strengthens Financial Position

Xref Limited has completed a Share Purchase Plan (SPP) allowing eligible shareholders to purchase new shares, resulting in the issuance of 173,078 shares at $0.13 each, raising $22,500. This move is part of the company’s efforts to strengthen its financial position and enhance shareholder value, complying with relevant regulatory requirements.

Xref Limited Concludes Share Purchase Plan with Modest Participation

Xref Limited announced the results of its Share Purchase Plan (SPP), which concluded on April 22, 2025. The plan allowed eligible shareholders to purchase up to $30,000 worth of new shares at $0.13 each. The company received applications from four shareholders for a total of 173,078 shares, amounting to $22,500. These shares will be issued on April 30, 2025, and will rank equally with existing shares. This SPP reflects a modest shareholder engagement, potentially impacting the company’s capital raising efforts and market positioning.