XRO 0.71% $136.40 xero limited

Accounting package is one of the last things that gets looked at...

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    Accounting package is one of the last things that gets looked at in times like this. Xero ends up costing most subscribers all of $150 for a quarter (duration of the crisis). By the time customer begins to look at churning the crisis will largely be over with some certainty returning to the market. Growth from the 6 months to March in the UK will likely dwarf any churn. The SP at current levels is still a snip pending a good March result. If global ARR at anything close to $850 million NZD in the March results the SP will bounce back up to mid 80s without a doubt. My guess is they'll do that at a canter.
    Last edited by elcappo: 21/04/20
 
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