XF1 0.00% 13.0¢ xref limited

Easy. Moves from Rapid ID checks to full blown reference...

  1. 824 Posts.
    lightbulb Created with Sketch. 232
    Easy. Moves from Rapid ID checks to full blown reference checking, integrated with the client's HR hiring platform (of which X-ref already has the main ones tied up). Replicates with other major clients ....they already have an outstanding client base .....but replicate this kind of announcement with Woolworths, Bunnings, Target, KMart, Aldi, Qantas and so on. Simple additive chunks of revenue. Thats just here in Australia.

    The opportunity in the US and Europe is much much bigger. Asia might be a tad more challenging until they get multi language support and integration with more localised apps, but it is very do-able. The business model essentially brings in cashflow in advance of "spend" when earnings are recognised.

    Todays announcement was a big vote of confidence for me. If they can replicate this with another bunch of major employers, the market will take notice for sure.
 
watchlist Created with Sketch. Add XF1 (ASX) to my watchlist
(20min delay)
Last
13.0¢
Change
0.000(0.00%)
Mkt cap ! $24.58M
Open High Low Value Volume
13.0¢ 13.0¢ 12.5¢ $4.064K 31.96K

Buyers (Bids)

No. Vol. Price($)
1 30000 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 29334 2
View Market Depth
Last trade - 15.22pm 03/05/2024 (20 minute delay) ?
Last
12.5¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
12.5¢ 12.5¢ 12.5¢ 9424
Last updated 13.43pm 03/05/2024 ?
XF1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.