ASX:XF1

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Xref Limited engages in the development of human resources technology that automates the candidate reference process for employers. More Details


Snowflake Analysis

High growth potential with worrying balance sheet.

Share Price & News

How has Xref's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: XF1's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.8%

XF1

-2.2%

AU Software

-2.4%

AU Market


1 Year Return

-42.1%

XF1

29.8%

AU Software

-8.3%

AU Market

Return vs Industry: XF1 underperformed the Australian Software industry which returned 29.8% over the past year.

Return vs Market: XF1 underperformed the Australian Market which returned -8.3% over the past year.


Shareholder returns

XF1IndustryMarket
7 Day4.8%-2.2%-2.4%
30 Day41.9%9.2%1.8%
90 Day51.7%19.7%1.7%
1 Year-42.1%-42.1%30.9%29.8%-5.0%-8.3%
3 Year-67.9%-67.9%116.2%108.8%14.6%-0.08%
5 Yearn/a189.4%167.9%41.6%12.1%

Price Volatility Vs. Market

How volatile is Xref's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Xref undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Xref is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Xref has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

Future Growth

How is Xref forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

85.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: XF1 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).

Earnings vs Market: XF1 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: XF1's is expected to become profitable in the next 3 years.

Revenue vs Market: XF1's revenue (21.2% per year) is forecast to grow faster than the Australian market (4.6% per year).

High Growth Revenue: XF1's revenue (21.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if XF1's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Xref performed over the past 5 years?

-30.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XF1 is currently unprofitable.

Growing Profit Margin: XF1 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: XF1 is unprofitable, and losses have increased over the past 5 years at a rate of 30% per year.

Accelerating Growth: Unable to compare XF1's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: XF1 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (21%).


Return on Equity

High ROE: XF1's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Xref's financial position?


Financial Position Analysis

Short Term Liabilities: XF1 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: XF1 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: XF1 is debt free.

Reducing Debt: XF1's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: XF1 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: XF1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23.6% each year


Next Steps

Dividend

What is Xref current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate XF1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate XF1's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if XF1's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if XF1's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of XF1's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.5yrs

Average board tenure


CEO

Lee-Martin Seymour

no data

Tenure

AU$318,408

Compensation

Mr. Lee-Martin John Seymour is a Co-Founder and Managing Director of Xref Limited and serves as its Chief Executive Officer. Mr. Seymour founded Talentforce Pty Ltd in 2012. He founded Talentforce Academy ...


CEO Compensation Analysis

Compensation vs Market: Lee-Martin's total compensation ($USD224.91K) is about average for companies of similar size in the Australian market ($USD279.08K).

Compensation vs Earnings: Lee-Martin's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Lee-Martin Seymour
Co-Founderno dataAU$318.41k17.09%
A$ 6.1m
Timothy Griffiths
Co-Founder4.75yrsAU$318.41k16.95%
A$ 6.0m
Nigel S. Heap
Non-Executive Director4.17yrsAU$52.20k0.0099%
A$ 3.5k
Bradley Rosser
Non-Executive Chairman4.17yrsAU$218.63kno data

4.5yrs

Average Tenure

Experienced Board: XF1's board of directors are considered experienced (4.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.7%.


Top Shareholders

Company Information

Xref Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Xref Limited
  • Ticker: XF1
  • Exchange: ASX
  • Founded:
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$35.496m
  • Shares outstanding: 182.03m
  • Website: https://www.xref.com

Number of Employees


Location

  • Xref Limited
  • 13 Hickson Road
  • Suite 17
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XF1ASX (Australian Securities Exchange)YesOrdinary SharesAUAUDFeb 2016
XF1CHIA (Chi-X Australia)YesOrdinary SharesAUAUDFeb 2016

Biography

Xref Limited engages in the development of human resources technology that automates the candidate reference process for employers. The company offers Xref, an automated reference checking tool that provid ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/29 10:39
End of Day Share Price2020/10/29 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.