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2.51%

$146.43 xero limited

Ann: H1 FY24 Market Release, page-13

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Torpy

1,585 Posts.

632

09/11/23

13:21

Post #: 70809245
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Originally posted by pastperformer: ↑

I agree, there are some concerning items in this report. Understand they have become "Profitable" however it has come at the price of growth. Only 6% growth in the U.S and it's a new growth market for them. Going to be hard to justify more spend in this region with such minimal returns. Intuit clearly difficult to displace.

They have lifted prices and Small businesses growth is what drive more clients onto the platform (Through accountants). Tick up in churn. Wouldn't want to see that sustain.

Look at international churn. Very worrying, again growth market.

A great business, but an expensive one again now. Metrics show growth slowing which given higher rates and the higher valuation over the last 6 months going to be hard to justify an investment at this point.

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Underlying revenue in the US actually up 19%.
It comes down to 6% when you add the extraordinary revenue from last year in the US from conferences/promos.

XRO Price at posting: $104.47 Sentiment: None Disclosure: Held
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(20min delay)
Last $146.43		Change -3.770(2.51%)		Mkt cap ! $22.35B

Open	High	Low	Value	Volume
$147.96	$148.60	$145.38	$66.93M	457.0K

Buyers (Bids)

No.	Vol.	Price($)
2	364	$146.43

Sellers (Offers)

Price($)	Vol.	No.
$146.58	1220	2

View Market Depth

No.	Vol.	Price($)
1	2	146.430
1	100	146.000
1	50	145.730
1	149	145.530
1	15	145.500

Price($)	Vol.	No.
146.590	1227	1
146.770	1227	1
146.960	1227	1
148.600	131	1
149.000	170	2

Last trade - 16.10pm 02/10/2024 (20 minute delay)

XRO (ASX) Chart