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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Xref
Xref (XF1) investor relations material
Xref Q1 2027 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2027 TU earnings summary28 Oct, 2026
Executive summary
Profitable Q1 FY27 growth continued alongside balance-sheet optimisation and expanding adoption of the hire-to-retire platform.
New-platform revenue grew 48% YoY to A$2.7m; Trust Marketplace usage and employee survey adoption also accelerated.
Financial highlights
Total revenue was A$4.7m and EBITDA was A$0.6m in Q1 FY27.
New-platform revenue increased 48% YoY to A$2.7m.
Revenue per employee reached A$355k following cost-base restructuring.
$300k of new business was secured across 52 clients during the quarter.
Outlook and guidance
Marketing budget increased to support top-line growth and net new customer acquisition.
Additional Trust Marketplace trust and compliance checks are scheduled for rollout.
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Latest events from Xref
- EBITDA up 76% YoY to A$4.7m; ARR hits A$15.7m; debt refinancing boosts liquidity.XF1
H2 2026 - Xref.me accelerates hiring by providing verified, AI-powered digital resumes and references.XF1Investor presentation
- SaaS ARR grew 209% to $15m, offsetting a 3% revenue dip amid challenging HR market conditions.XF1H2 2024
- SaaS transition drove 58% new platform revenue growth, 27% ARR rise, and 904% EBITDA surge.XF1H1 2026
- EBITDA and revenue surged on SaaS adoption, cost cuts, and a robust subscription model.XF1H2 2025
- Revenue and ARR surged as SaaS adoption and platform innovation drove growth and efficiency.XF1Investor Presentation
- Shareholders approved SEEK's acquisition at a 61% premium, with implementation in February 2025.XF1Scheme Meeting 2025
- EBITDA swung to a $1.6m profit on 9% revenue growth, as SaaS transition accelerated.XF1H1 2025
Next Xref earnings date
AGM 202626 Nov, 2026
Xref
Next Xref earnings date
AGM 202626 Nov, 2026
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Frequently asked questions
Xref Limited engages in the development of human resources technology that automates the candidate reference process for employers. Its software allows employers to forward job offers, collect feedback from the candidates' personal network, and discover more about their abilities without having to contact them directly. The company was founded in 2009 and is headquartered in Sydney, Australia.