Very sensible analysis mal85, been following Xero story and your take on it from time to time.
My observation is that Xero have been investing in payroll (bought Monchilla in 2014) and now they've bitten the bullet by impairing it (the market seems to have shrugged off the fact that Xero made a net loss in 1H19, which is as large as the loss in all of the FY18).
Partnership terms with Gusto are not yet clear, there is no information regarding pricing.
Judging by 94 comments on Xero's blog, customers aren't happy with the potential extra cost for a payroll feature they felt was actually working fine.
What's your view on payroll dilemma and likely effect on churn rates and customer growth in US?
Very sensible analysis mal85, been following Xero story and your...
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$135.87 |
Change
2.340(1.75%) |
Mkt cap ! $20.59B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 308 | $135.84 |
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| Price($) | Vol. | No. |
|---|---|---|
| $135.89 | 360 | 1 |
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