Australia's Xref soars 18% on narrower full-year loss

Xref

31/08/2026 03:38

** Shares of Xref XF1.AX soar as much as 17.9% to A$0.066, their highest since August 18
** Stock marks its biggest intraday pct gain since April 17
** The human resources technology company posts an annual loss attributable of A$432,066 ($309,618.50), compared with a loss of A$1.95 million last year
** Co sees itself in an operationally profitable position, further supported by the refinancing post year-end
        ** More than 547,000 shares change hands, 2.5 times its 30-day average volume of 173,360    
** Stock down 61.2% year-to-date, including the day's moves
     
     
($1 = 1.3955 Australian dollars)

(Reporting by Tejas Harish in Bengaluru)
((tejas.harish@thomsonreuters.com;))