InvestSMART

Xref Limited (ASX:XF1)

ALERT: Price-sensitive ASX Announcement for XF1
Current share price for XF1 : $0.061 -0.017 (-21.79%)+
Announcement
Release
6 Jul 2026 9:13AM
Price at Release
$0.078
Full Release
download
Summary
Xref Limited announced a solid financial performance for the June Quarter of FY26, with total sales reaching $5.35 million, primarily driven by the core Xref platform's growth. The company introduced new innovations such as Xref.me, which has been rapidly adopted in the market. The quarter saw significant client acquisition and a positive shift in cash flow, reflecting improved operational efficiency and strategic marketing efforts. For FY27, Xref plans to focus on increasing platform adoption while maintaining cost management.
Key Points
  • Xref Limited reported strong financial and operational performance for the June Quarter of FY26.
  • Total sales for the quarter reached $5.35 million, with the core Xref platform contributing $4.7 million.
  • The company saw a 14% increase in core platform sales over the prior corresponding period.
  • 65 new clients were acquired during the quarter, contributing $0.4 million in net new sales.
  • Xref launched a new product, Xref.me, which gained rapid market response.
  • The company reported a positive operating cash flow of $0.9 million for the quarter.
  • Xref is focused on driving further adoption of its new platform and maintaining cost discipline in FY27.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.