XRO 1.40% $133.51 xero limited

Regarding what analysts expected, Goldman Sachs anticipated (and...

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    Regarding what analysts expected, Goldman Sachs anticipated (and they were above consensus):
    - 1.709b revenue (beat)
    - 480m ebitda (beat)
    - subscriber growth of 50k in UK (beat) and 23k US (beat)
    - rule of 40 achieved in 2025 (beat)
    - operating expense ratio 75% (beat)

    Not a bad outcome at all.

    (They didn't have any estimates around diversity, but I don't think that matters to the market, probably more about attracting the type of employees they're after).
 
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