KSO - I feel this will run shortly, the market is looking elsewhere at the moment, will soon realise the potential with Xref:
- Xref has not raised any external capital to fund the business and has been cash-flow positive since inception (2010).
- 246% compound annual user growth, with an average of 500 new users per day signing up to its services.
-Xref set out to bring candidate referencing into the 21st century.
It takes, on average, approximately 15 seconds for the employer to make a reference request and, on average, is completed and returned within 24 hours.
-On average,users of Xref’s technology have experienced a 98% success rate with 60% more data collected.
-Xref’s easy-to-use platform and simple business model allow users to purchase Xref credits to use at their discretion based on the individual hiring needs of each organisation. To-date Xref has retained 91% of its customer base.
-$34.99 per reference, or bulk packages can be purchased
-Automated platform means very little operating costs = high margin!
-With 4.5b shares post acquisition current MC = $18m
Xref clients:
Day Trading August 6 - Morning, page-8
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