XRO 0.71% $134.48 xero limited

What I like about the report is the Annualised monthly recurring...

  1. 9,706 Posts.
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    What I like about the report is the Annualised monthly recurring revenue is NZD 764m as at 30 Sept 2019. It means if the the subscribers remain the same its Total Operating Revenue would be NZD 764 on 30 Sept 2020.

    What is exciting about the future that this is a subscription business. More and more subscribers added each year. The AMRR will be higher.

    My next dream of AMRR will be 1b+.

    The Cloud adoption is under 20% globally. There would lots of opportunities.

    GLTA.
 
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