Xref Ltd (XF1) - Net Assets
Based on the latest financial reports, Xref Ltd (XF1) has net assets worth AU$-4.79 Million AUD (≈ $-3.39 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$15.41 Million ≈ $10.90 Million USD) and total liabilities (AU$20.19 Million ≈ $14.29 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Xref Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$-4.79 Million |
| % of Total Assets | -31.07% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -339.2% |
| Growth Volatility | 190.07 |
Xref Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Xref Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Xref Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Xref Ltd (2007–2025)
The table below shows the annual net assets of Xref Ltd from 2007 to 2025. For live valuation and market cap data, see XF1 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$-4.39 Million ≈ $-3.10 Million |
+24.98% |
| 2024-06-30 | AU$-5.85 Million ≈ $-4.14 Million |
-2787.89% |
| 2023-06-30 | AU$-202.52K ≈ $-143.30K |
-113.76% |
| 2022-06-30 | AU$1.47 Million ≈ $1.04 Million |
+245.93% |
| 2021-06-30 | AU$-1.01 Million ≈ $-713.81K |
+58.04% |
| 2020-06-30 | AU$-2.40 Million ≈ $-1.70 Million |
-176.11% |
| 2019-06-30 | AU$3.16 Million ≈ $2.24 Million |
+62.46% |
| 2018-06-30 | AU$1.94 Million ≈ $1.38 Million |
-40.18% |
| 2017-06-30 | AU$3.25 Million ≈ $2.30 Million |
+77.21% |
| 2016-06-30 | AU$1.83 Million ≈ $1.30 Million |
+38.02% |
| 2015-06-30 | AU$1.33 Million ≈ $940.36K |
+15.97% |
| 2014-06-30 | AU$1.15 Million ≈ $810.86K |
+2.76% |
| 2014-03-31 | AU$1.12 Million ≈ $789.07K |
-23.06% |
| 2013-06-30 | AU$1.45 Million ≈ $1.03 Million |
-80.70% |
| 2012-06-30 | AU$7.51 Million ≈ $5.31 Million |
-9.14% |
| 2011-06-30 | AU$8.26 Million ≈ $5.85 Million |
+59.15% |
| 2010-06-30 | AU$5.19 Million ≈ $3.67 Million |
-32.92% |
| 2009-06-30 | AU$7.74 Million ≈ $5.48 Million |
-12.87% |
| 2008-06-30 | AU$8.88 Million ≈ $6.29 Million |
+698.06% |
| 2007-06-30 | AU$1.11 Million ≈ $787.70K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Xref Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 4104531100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$59.26 Million | % |
| Other Comprehensive Income | AU$-21.08 Million | % |
| Total Equity | AU$-4.39 Million | 100.00% |
Xref Ltd Competitors by Market Cap
The table below lists competitors of Xref Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Crookes Brothers Ltd
JSE:CKS
|
$15.41 Million |
|
Asset Vision Co Ltd
AU:ASV
|
$15.41 Million |
|
CSLM Acquisition Corp.
NASDAQ:CSLMF
|
$15.41 Million |
|
Quality Concrete Holdings Bhd
KLSE:7544
|
$15.43 Million |
|
Yimutian Inc. American Depositary Shares
NASDAQ:YMT
|
$15.40 Million |
|
Immo Mcc NV
BR:MCC
|
$15.39 Million |
|
Janfusun Fancyworld
TWO:5701
|
$15.36 Million |
|
Connection Technology Systems
TWO:3672
|
$15.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xref Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -5,848,609 to -4,387,572, a change of 1,461,037.
- Net loss of 1,953,345 reduced equity.
- Share repurchases of 3,448,930 reduced equity.
- Other comprehensive income decreased equity by 441,635.
- Other factors increased equity by 7,304,947.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.95 Million | -44.52% |
| Share Repurchases | AU$3.45 Million | -78.61% |
| Other Comprehensive Income | AU$-441.63K | -10.07% |
| Other Changes | AU$7.30 Million | +166.49% |
| Total Change | AU$- | % |
Book Value vs Market Value Analysis
This analysis compares Xref Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-06-30 | AU$0.55 | AU$0.12 | x |
| 2008-06-30 | AU$4.02 | AU$0.12 | x |
| 2009-06-30 | AU$3.41 | AU$0.12 | x |
| 2010-06-30 | AU$2.29 | AU$0.12 | x |
| 2011-06-30 | AU$3.32 | AU$0.12 | x |
| 2012-06-30 | AU$1.81 | AU$0.12 | x |
| 2013-06-30 | AU$0.30 | AU$0.12 | x |
| 2014-06-30 | AU$0.20 | AU$0.12 | x |
| 2015-06-30 | AU$0.14 | AU$0.12 | x |
| 2016-06-30 | AU$0.04 | AU$0.12 | x |
| 2017-06-30 | AU$0.03 | AU$0.12 | x |
| 2018-06-30 | AU$0.01 | AU$0.12 | x |
| 2019-06-30 | AU$0.02 | AU$0.12 | x |
| 2020-06-30 | AU$-0.01 | AU$0.12 | x |
| 2021-06-30 | AU$0.00 | AU$0.12 | x |
| 2022-06-30 | AU$0.01 | AU$0.12 | x |
| 2023-06-30 | AU$0.00 | AU$0.12 | x |
| 2024-06-30 | AU$-0.03 | AU$0.12 | x |
| 2025-06-30 | AU$-0.02 | AU$0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xref Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.16%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-89.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -90.38% | 0.00% | 0.00x | 10.25x | AU$-1.12 Million |
| 2008 | -16.24% | 0.00% | 0.00x | 1.03x | AU$-2.33 Million |
| 2009 | -26.88% | -2651.46% | 0.01x | 1.02x | AU$-2.86 Million |
| 2010 | -43.67% | 0.00% | 0.00x | 1.02x | AU$-2.79 Million |
| 2011 | -24.24% | 0.00% | 0.00x | 1.02x | AU$-2.83 Million |
| 2012 | -11.85% | -972.12% | 0.01x | 1.15x | AU$-1.64 Million |
| 2013 | -489.20% | -33077.81% | 0.01x | 1.23x | AU$-7.24 Million |
| 2014 | -57.71% | 0.00% | 0.00x | 1.27x | AU$-755.05K |
| 2014 | -53.47% | -829.68% | 0.05x | 1.24x | AU$-727.33K |
| 2015 | -82.73% | -298.28% | 0.22x | 1.25x | AU$-1.23 Million |
| 2016 | -48.77% | -51.58% | 0.46x | 2.07x | AU$-1.08 Million |
| 2017 | -198.62% | -216.61% | 0.41x | 2.24x | AU$-6.78 Million |
| 2018 | -458.40% | -183.92% | 0.58x | 4.31x | AU$-9.11 Million |
| 2019 | -245.00% | -96.16% | 0.68x | 3.77x | AU$-8.06 Million |
| 2020 | 0.00% | -125.26% | 0.95x | 0.00x | AU$-9.82 Million |
| 2021 | 0.00% | 0.54% | 0.96x | 0.00x | AU$178.97K |
| 2022 | 49.56% | 3.92% | 0.92x | 13.70x | AU$582.36K |
| 2023 | 0.00% | -16.47% | 0.89x | 0.00x | AU$-3.34 Million |
| 2024 | 0.00% | -28.61% | 0.98x | 0.00x | AU$-5.10 Million |
| 2025 | 0.00% | -9.16% | 1.11x | 0.00x | AU$-1.51 Million |
Industry Comparison
This section compares Xref Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $42,012,556
- Average return on equity (ROE) among peers: -47.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xref Ltd (XF1) | AU$-4.79 Million | -90.38% | N/A | $15.41 Million |
| One Click Group Ltd (1CG) | $2.94 Million | -67.27% | 0.54x | $8.32 Million |
| Thrive Tribe Technologies Ltd (1TT) | $4.53 Million | -27.70% | 0.03x | $1.43 Million |
| Ordinary Fully Paid Deferred Settlement (1TTDB) | $2.53 Million | -140.39% | 0.30x | $20.45 |
| LIFE360 Inc (360) | $358.55 Million | -1.27% | 0.23x | $3.40 Billion |
| Pointerra Ltd (3DP) | $4.28 Million | -64.47% | 0.19x | $17.22 Million |
| 8COMMON Ltd (8CO) | $5.92 Million | -22.85% | 0.35x | $3.96 Million |
| Aeeris Ltd (AER) | $584.79K | -43.08% | 0.80x | $4.98 Million |
| Aerometrex Ltd (AMX) | $34.70 Million | -11.88% | 0.33x | $15.79 Million |
| Assetowl Ltd (AO1) | $4.13 Million | -98.29% | 0.07x | $1.38 Million |
| Bridge Saas Ltd (BGE) | $1.96 Million | -1.09% | 0.41x | $1.84 Million |
About Xref Ltd
Xref Limited engages in the development of human resources technology that automates pre-employment recruitment checks, employee engagement surveys, and exit interviews in Australia, Canada, the United Kingdom, New Zealand, and the United States. It operates in three segments: Xref Platform, Trust Marketplace, and Xref Engage. The company provides pre-employment reference, pulse, and exit surveys… Read more