Xref Ltd (XF1) AI Stock Analysis

• Market Cap: AU$39.62M
• Dividend Yield: N/A
• Average Volume (3M): 153.04K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.24
• Revenue Growth: 0.40%
• EPS Growth: 66.36%
• Country: AU
• Employees: 99
• Sector: Technology
• Sector Strength: 97
• Industry: Software - Application
• EPS (TTM): -0.01
• Shares Outstanding: 220,089,770
• 10 Day Avg. Volume: 63,508
• 30 Day Avg. Volume: 153,037
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: Hold
• Number of Analyst Covering: 1

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

The overall stock score of 50 reflects significant financial challenges with negative earnings and weak cash flows, balanced by some technical strength with bullish momentum. However, the overbought technical indicators and negative valuation metrics limit the attractiveness of the stock.

Xref Ltd Business Overview & Revenue Model

Company Description

Xref Ltd (XF1) is a leading provider in the human resources technology sector, specializing in automated reference checking services. The company offers a cloud-based platform that streamlines the recruitment process by allowing employers to easily request and manage reference checks for potential hires. Xref's services enhance the efficiency, security, and reliability of gathering candidate insights during the hiring process.

How the Company Makes Money

Xref Ltd generates revenue primarily through subscription-based models and pay-per-use services. Companies subscribe to Xref's platform to access its suite of reference checking tools, either on a recurring subscription basis or through purchasing credits that can be used as needed. This flexible pricing structure caters to businesses of various sizes and industries, providing a scalable solution for reference management. Xref also partners with other HR technology providers to integrate its services within broader recruitment platforms, further expanding its market reach and creating additional revenue streams.

Xref Ltd Financial Statement Overview

Summary

Xref Ltd faces significant financial challenges, including persistent losses, declining revenues, negative equity, and cash flow difficulties. 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	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	19.86M	20.40M	18.59M	14.45M	8.03M
Gross Profit	17.33M	17.15M	14.92M	3.02M	-4.58M
EBITDA	-1.76M	-1.36M	1.57M	3.68K	-9.89M
Net Income	-5.68M	-3.36M	153.08K	78.08K	-10.06M
Balance Sheet
Total Assets	20.36M	22.90M	20.17M	15.00M	8.47M
Cash, Cash Equivalents and Short-Term Investments	4.59M	6.84M	11.67M	8.13M	2.87M
Total Debt	8.35M	5.33M	4.96M	4.69M	475.51K
Total Liabilities	26.21M	23.10M	18.70M	16.01M	10.88M
Stockholders Equity	-5.85M	-202.52K	1.47M	-1.01M	-2.40M
Cash Flow
Free Cash Flow	-3.80M	-2.17M	-833.27K	1.19M	-7.45M
Operating Cash Flow	-678.80K	454.40K	627.48K	2.32M	-7.38M
Investing Cash Flow	-3.12M	-4.34M	-1.46M	-1.13M	-648.62K
Financing Cash Flow	1.56M	-952.81K	380.71K	4.07M	2.86M

Xref Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.18
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

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 0.18 is above the 20-day moving average (MA) of 0.18, above the 50-day MA of 0.17, and above the 200-day MA of 0.17, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 64.03 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, 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
Sector *	50 Neutral	AU$1.63B	3.35	-0.63%	3.31%	16.47%	-4.12%
XF1	50 Neutral	AU$39.62M	―		―	0.40%	66.36%
PRO	46 Neutral	AU$29.50M	―	-52.29%	―	4.10%	-115.05%
AMX	45 Neutral	AU$20.90M	―	-24.21%	―	-11.35%	-49.13%
FLX	43 Neutral	AU$45.19M	―	-1801.55%	―	27.94%	28.75%
8CO	41 Neutral	AU$5.83M	―	-349.78%	―	-10.57%	67.60%
DUB	38 Underperform	AU$55.13M	―	-131.93%	―	15.31%	61.52%

Xref Ltd Corporate Events

Xref Ltd Announces Cessation of Securities

Xref Ltd announced the cessation of several securities, including options with varying expiration dates and exercise prices, due to either expiry without exercise or other reasons. This cessation reflects a routine adjustment in the company’s capital structure, potentially impacting its financial strategy and stakeholder interests.