XRO 2.93% $138.18 xero limited

Interim report outLove those double and quadruple (USA getting...

  1. 1,678 Posts.
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    Interim report out

    Love those double and quadruple (USA getting going) figures

    Revs up 119%,costs up 105%

    Clear messsage go hard and capture the market while incumbents are sorting out a product that might work.

    ….Xero has emerged as the company to watch in the small business
    accounting space, winning mind and market share from the
    incumbent providers. The nimbleness demonstrated by Xero and the
    continued execution of its strategy gives confidence in its ability to
    become a significant player in the global accounting market…..

    All on track and hockey stick curve continues, next half should be most interesting as USA effort has only just started but structure now in place and expanding rapidly.

    Should be fun to watch

    DYOR
 
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