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Xref Overview
About Xref
Xref Ltd is a human resources technology company that automates pre-employment recruitment checks, employee engagement surveys, and exit interviews. The segments of the company are Xref Platform, which includes Enterprise Platform and Recruiter Platform for Pre-employment reference surveys, pulse, and exit surveys; Trust Marketplace includes ID verification, Qualification checks, and Background checks; and Xref Engage includes Engagement surveys. Geographically, it derives a majority of its revenue from Australia and also has a presence in Canada, the United Kingdom, New Zealand, and the United States.
Founded
2003
HQ
Employees
74
Website
Financials (FY)
EV
$16M
Xref Financials
Xref reported last fiscal year revenue of $15M and EBITDA of $2M.
In the same fiscal year, Xref generated $14M in gross profit, $2M in EBITDA, and had net loss of ($1M).
Revenue (LTM)
Xref P&L
In the most recent fiscal year, Xref reported revenue of $15M and EBITDA of $2M.
Xref expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $15M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $14M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 89% | XXX | XXX | XXX |
| EBITDA | — | XXX | $2M | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 12% | XXX | XXX | XXX |
| EBIT Margin | — | XXX | (10%) | XXX | XXX | XXX |
| Net Profit | — | XXX | ($1M) | XXX | XXX | XXX |
| Net Margin | — | XXX | (9%) | XXX | XXX | XXX |
| Net Debt | — | — | $2M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Xref Stock Performance
Xref has current market cap of $13M, and enterprise value of $16M.
Market Cap Evolution
Xref's stock price is $0.06.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $16M | $13M | 3.0% | XXX | XXX | XXX | $-0.01 |
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Start Free TrialXref Valuation Multiples
Xref trades at 1.0x EV/Revenue multiple, and 8.5x EV/EBITDA.
EV / Revenue (LTM)
Xref Financial Valuation Multiples
As of April 16, 2026, Xref has market cap of $13M and EV of $16M.
Equity research analysts estimate Xref's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Xref has a P/E ratio of (9.0x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $13M | XXX | $13M | XXX | XXX | XXX |
| EV (current) | $16M | XXX | $16M | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 1.0x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | 8.5x | XXX | XXX | XXX |
| EV/EBIT | — | XXX | (10.1x) | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 1.1x | XXX | XXX | XXX |
| P/E | — | XXX | (9.0x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | (39.8x) | XXX | XXX | XXX |
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Verified Xref Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Xref Margins & Growth Rates
Xref's revenue in the last fiscal year grew by 4%.
Xref's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.2M for the same period.
Xref Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | 4% | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 12% | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | 538% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 2% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 77% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 99% | XXX | XXX | XXX |
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Xref Public Comps
See public comps and valuation multiples for other Human Capital Management Software comps.
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Xref M&A Activity
Xref acquired XXX companies to date.
Last acquisition by Xref was on XXXXXXXX, XXXXX. Xref acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Xref
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialXref Investment Activity
Xref invested in XXX companies to date.
Xref made its latest investment on XXXXXXXX, XXXXX. Xref invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Xref
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Xref
| When was Xref founded? | Xref was founded in 2003. |
| Where is Xref headquartered? | Xref is headquartered in Australia. |
| How many employees does Xref have? | As of today, Xref has over 74 employees. |
| Is Xref publicly listed? | Yes, Xref is a public company listed on Australian Securities Exchange. |
| What is the stock symbol of Xref? | Xref trades under XF1 ticker. |
| When did Xref go public? | Xref went public in 2007. |
| Who are competitors of Xref? | Xref main competitors are Coel, Safeture, PaySauce, Emplocity. |
| What is the current market cap of Xref? | Xref's current market cap is $13M. |
| What is the current revenue of Xref? | Xref's last fiscal year revenue is $15M. |
| What is the current EV/Revenue multiple of Xref? | Current revenue multiple of Xref is 1.0x. |
| Is Xref profitable? | No, Xref is not profitable. |
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