Ann: Xref achieves sales, usage and client acquisition records, page-3

  1. 465 Posts.
    lightbulb Created with Sketch. 44
    I've been researching Xref quite a bit and find it very interesting to observe. The strategy seems to be growth at all costs (literally - the awesome revenue gains are more than offset by the increased costs for marketing, staff, etc). If you frame that against the performance rights granted then it makes sense because the metrics for awarding them were revenue and SP growth, not profitability. After receiving class A and B performance shares the original owners sold out 12mil worth. However Class C is the only one left now and effectively sets the next goal of 5mil EBITDA. Is it likely that Xref will continue its reckless growth approach to sales growth for the coming years (racking up more and more losses) and then tighten the belt to turn huge profits off the recurring revenue streams created???
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
15.5¢
Change
0.000(0.00%)
Mkt cap ! $34.11M
Open High Low Value Volume
15.0¢ 15.5¢ 15.0¢ $1.52K 10.03K

Buyers (Bids)

No. Vol. Price($)
1 1684 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 4981 2
View Market Depth
Last trade - 14.51pm 20/06/2025 (20 minute delay) ?
XF1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.