XRO 3.51% $131.10 xero limited

Ann: Investor Briefing Full Year Ended 31 March 2017, page-3

  1. 3,142 Posts.
    lightbulb Created with Sketch. 798
    Yep very solid all round for me.

    Subscribers 1.035mil - all regions experiencing solid growth (shows that the product is liked globally)
    Annualised monthly revenue $360mil ($10mil higher than I anticipated - tick!)
    Cash drain is down - I can see them being cashflow positive in 12 months time! (and they still have around 134mil in the bank)
    They are making a 77% gross margin so the fact they are still making an EBITDA loss says to me they are still investing heavily on new innovations = new products in future.

    It was another very good report, future looks good.
 
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