Hi tomblu, think many of us here use the live interface provided through the likes of Direct Broking
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Hi tomblu, think many of us here use the live interface provided through the likes of Direct Broking
Xero finishes year up 83% to $70m
https://nzx.com/files/attachments/192080.pdf
http://i.imgur.com/G2MoA.gif ?
284,000 customers as at March 31
18,000 in North America, up from 6000 same time last year.
Also interesting to see how much the strong NZD is impacting on Xero
Quote:
On a constant currency basis Xero grew operating revenue by 92% in the period.
As per the Herald article a couple of days ago, I'm not sure what the 'three analysts surveyed by Reuters' were looking at when they said Xero would miss targets? I don't see anything in those numbers to indicate they've fallen off the boil? They start '15 with $90+m ACR and the North American numbers are up 200%... story looks to be on track to me?
Will be interesting to see what the market thinks today. Hard to predict with the Nasdaq being off 1% overnight, but I expect the sell off in XRO over the last week is a case of sell the rumour which was fueled by some analyst negativity, and will hopefully be followed by buying the fact as I numbers all look on track. I am definitely feeling a little more at ease in holding for the long term, but we really need to see US growth really taking off in the coming year.
Very exciting, if they can maintain a circa 80%+ growth rate we could be looking at a cool half-mill this time next year! The BHAG suddenly doesn't seem that far off.
http://www.nzherald.co.nz/business/n...ectid=11232128
"Xero loss doubles as staff numbers jump"
Talk about put the worst possible headline on an article. What about "Customer and revenue numbers jump"?
I notice that the analysts now polled by Reuters rate it a hold. Quick change of mind or different analysts?