Gilly the event was mainly marketed to the accounting and bookeeping community, hence why you might not have heard about it. Cost was approx $750 I think.
Superhans agree with all of that but it is a bit time consuming to learn new software, well worth it IMO but takes a bit of time. Any opinion on how many global files Xero will have in 5 years time?
Let's say they have 3 million global files at an average of $35 AUS per file per month. Annual turnover $1.26b. NP margin @ 20% (?) = $252 m profit. PE = 20 (?) = $6.3 b. Current market cap $2 billion. Too many question marks for me!
Obviously all sorts of alternatives with the above numbers.
Hero to Xero, page-148
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