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XRF Scientific Limited (ASX:XRF)

ALERT: Price-sensitive ASX Announcement for XRF
Current share price for XRF : $1.680 -0.13 (-7.18%)+
Announcement
Release
15 Apr 2026 9:28AM
Price at Release
$1.810
Full Release
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Summary
XRF Scientific Limited's March 2026 Quarterly Trading Report indicates successful performance across its divisions, with a notable 13.8% increase in revenue compared to the previous year, achieving $15.8 million for the quarter. The company's profit before tax also rose by 10.7% to $3.7 million. The growth was driven by strong international sales, especially in the Asian markets, where demand significantly boosted orders. The new office in India, operational since March, facilitated further sales momentum. Capital equipment sales reached $5.4 million, supported by robust activity in the gold sector. Additionally, the company saw a positive trend in precious metals sales, reaching $5.6 million for the quarter. The report emphasizes ongoing product development initiatives and plans to expand international sales and explore merger and acquisition opportunities.
Key Points
  • Revenue for March 2026 quarter was $15.8 million, up 13.8% from previous year.
  • Profit before tax for the quarter increased by 10.7% to $3.7 million.
  • International sales were a key growth driver, particularly in Asia.
  • New office in India became operational, boosting sales momentum.
  • Capital equipment sales increased, with strong activity in the gold sector.
  • Precious metals sales reached $5.6 million, up from $4.9 million previously.
  • Focus on product development and international sales growth.
  • Exploring merger and acquisition opportunities.
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.