here is a more detailed estimate is based on info from
"Investor Presentation"
At 30sept13
211,000 customers (72%, 28%)
$70m ACMRevenue (54%, 46%)
A) Partners:
--------
72% x 211,000 = 152,0000
54% x 70m = $37.8m
Average ACMR = NZ$24 each
Av price increase ( say in Oz) = AU11 = NZ12
12/24 = 50%
*The increase in ACMR is est at 25% to 30%,
after paying some commission to partners.
(price increases depend on partners' status
- gold/siler in Nov14,
- others, in mid Dec13)
B)Direct Response Customers -
from Radio, Google, Facebook, pamphlets, CA magazines etc
---------------------------------------------------------
28% x 211,000 = 59,000
46% x 70m = $32.2m
Av ACMR = $54 each
(Price increase starts in mid Dec13)
Summary Points
1.
Xero says it is expecting 80% growth ,
for 1Oct13-30Sep14 period.
2. Partners at 30/9/13 = 8,800
Potential customers for Xero conversion
= 1m to 2 million,
from these 8800 partners alone.
I expect it to double to 16,000 by Sep14.
At the moment each partner has brought in 18 customers each.
158,000/8800 = 18.
Or if we take 80/20 rule , or 95/35 rule,
(8800 x top 35% = 3080
158,000 x 95% = 150,000),
then
Gold and silver partners (with 200 to 500 clients base) bring in 48 clients each
150,000/3080 =48
*That means there is plenty of room for millions of customers' conversions from partners clients who are now using MYOB/Sage/Quickbook, in Oz, UK an USA.
3.
Add 80% generic growth
+ Price increases (25% to 30%)
+ Expected growth in partners numbers (in USA, UK and OZ),
then ACMR can double from $70m to $140m
5 Nasdaq listing is on target from 4th qtr 2014,
if mgt chose to do so.
(Perhaps someone else like to analyse the numbers for
each country )
have fun !
dyor.
pg 8,9 17-21
www.xero.com/nz/about/investors/reports/
- Forums
- NZX - By Stock
- 250 new partners in australia !
here is a more detailed estimate is based on info from"Investor...
Featured News
Add XRO (NZSX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online