Brief: Xref Acquires Employee Engagement Platform, Voice Project

Xref

23/11/2022 01:23

Nov 23 (Reuters) - Xref Ltd  XF1.AX :
    * XREF ACQUIRES EMPLOYEE ENGAGEMENT PLATFORM, VOICE PROJECT
    * ACQUISITION WILL ADD A$4 MILLION TO XREF'S REVENUES AND
INCREASE
STAFF FROM 85 TO 100
    * VOICE PROJECT IS PROFITABLE AND IS FORECAST TO BE EPS
ACCRETIVE
TO XREF
    * XREF WILL PAY A$2M CASH FROM ITS EXISTING CASH RESERVES AT
COMPLETION PLUS UP TO A$2M IN SCRIPT

Source text for Eikon:  ID:nASX5whCzP 
Further company coverage:  XF1.AX