You're forgetting about Xerocon UK in a few weeks too! The last Xerocon over there was very successful and the UK accounting partners are very passionate about it too.
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You're forgetting about Xerocon UK in a few weeks too! The last Xerocon over there was very successful and the UK accounting partners are very passionate about it too.
Worth watching the blogs of US accounting commentators over the next few weeks to see if there is heightened awareness of Xero and what they think of it.
If we are up to $70ish million annualised revenue now then I would have thought that based on current growth forecasts, $100 million revenue should be achieved next financial year. I wonder if heightened awareness plus that key revenue means NASDAQ listing in the next couple of years? Does this also mean they would delist in NZ and AUS?
Yip - no brains, just faith.
I think they would dual list first given Rod has built this up as a NZ company. That may change over time based on number of NZ shareholders etc. This is different to DIL where I think they will just ditch the NZX listing.
A couple of announcements from XeroCon SanFran - a new US specific payroll module and the first US bank feeds
http://www.accountingtoday.com/accou...gs67962-1.html
Both of these seem pretty significant in the context of the US market.
Also like the comments from Rod about needing to work on branding and building awareness - indications of the start of a marketing drive perhaps?
And the press release re bank feeds on WSJ http://online.wsj.com/article/PR-CO-...04-905054.html
Thanks for the two USA links, Comatose73.
Yes, exciting times as Xero presses into USA. I noticed there XeroCon was the same date as Intuit - bit more than coincidence there. Good to see the Goliath appreciating the disruption Xero could perform to the industry. I do not see this as a 'winner takes all' .... to achieve its BHAG remember Xero just needs 1mill customers.
Pleased to read they are very close to US Payroll release and working with local banks there too.
Excetional time to be touting a NZ company and its potential to disrupt - with the America's Cup finals in play.
Disc - holder, and buyer.
http://www.nbr.co.nz/opinion/ird-clo...s-xero-myob-ck
Good news about the IRDs approval of offshore data storage. The article appears to suggest that MYOB applied at the same time but have not yet received the sign off...?
http://www.sleeter.com/blog/2013/09/xero-xerocon-2013/
What looks like a fairly impartial sort of review of the San Francisco Xerocon and upcoming Xero features for the USA.
Theres all sorts of bits and pieces about what various attendees got out of the conference but it seems overwhelmingly positive from what I can see. Certainly the latest Stuff article seems to indicate that Xero think so.
http://www.stuff.co.nz/business/indu...king-100-staff
I await the share markets response....