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Xref Posts 10% Revenue Rise Despite SEEK Acquisition Falling Through

4:26pm on Tuesday 4th of February, 2025 AEDT Technology
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Xref Posts 10% Revenue Rise Despite SEEK Acquisition Falling Through

4:26pm on Tuesday 4th of February, 2025 AEDT
Key Points
  • Revenue up 10% to $10.9 million in H1 FY2025
  • SEEK acquisition offer failed to reach 75% shareholder approval
  • Subscription revenue growth driven by 80 new clients, 95% on subscriptions
  • Cash balance stands at $4.9 million with disciplined expense management
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