From the article xero says “Our team here in Melbourne is weighted heavily towards engineering, they’ve built a product called TaxTouch from scratch and that’s being used in the US market for people doing freelance work to record their expenses, so Uber drivers and people like that. We’re really proud of that.”
This is were xero leading the way, bringing highly mobile SME's who never used a desk top package which is growing the market.
Not only is XRO under valued amongst peers but in IMHO the market is miss judging the size of the addressable market by using models based the historical size of market,
Time will tell
GLTA
XRO Price at posting:
$18.47 Sentiment: Buy Disclosure: Held
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