SYDNEY, Aug. 24, 2022 /PRNewswire/ Global HR tech platform Xref (ASX:XF1) has comprehensively defied the contraction of the tech sector in its FY22 results, growing net profit after tax (NPAT) by 834 percent to $0.73 million and sales by 36 percent to $20.8 million since FY21. In the same period it increased headcount by 24 percent even as much of the tech sector sheds jobs, and counted 1.3 million new users across 195 countries, rendering it one of Australia's most global listed technology companies. Other notable FY22 results for Xref included an EBITDA of $1.77 million, up 75 percent on FY21, and record lead flow growth of 100 percent, which drove sales performance and resulted from an increased focus on marketing. On top of increasing headcount by 24 percent to 74 full-time staff, Xref also made 14 senior promotions and launched a new policy for awarding options for all staff under the Employee Option Plan. Sales from new clients across a diverse range of global sectors were
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