Australia · Delayed Price · Currency is AUD Xref Limited Earnings Call Transcripts
Fiscal Year 2026
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Revenue rose to AUD 10.2M with strong SaaS adoption, 14% lower expenses, and positive EBITDA. The new platform now drives 54% of ARR, with robust client growth and operational efficiency gains, while debt reduction and AI-driven productivity remain key priorities.
Fiscal Year 2025
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EBITDA turned positive with a $5M improvement, driven by 7% revenue growth and 8% cost reduction. The business is now largely subscription-based, with strong cash flow, a leaner structure, and a 12-month runway, positioning it for further growth and international expansion.
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The meeting focused on the proposed acquisition by SEEK, with shareholders voting on a scheme offering a 61% premium to prior share prices. Proxy votes showed a majority in favor, and directors unanimously recommended the scheme, with no superior proposal emerging.