Xro - xero

[Longhaul]

Read an interesting sentence in a recent blog post by Rod (must have been around the 6 June):

"We’re now building our business to chase a billion of revenue, which seems frighteningly achievable."

While he still states they are focusing on the milestone of 1 million subscribers, I was wondering how many would be needed to crack 1 billion in revenue? Anyone care to hazard a guess?

Disc. not a holder these days

[mikeybycrikey]

While he still states they are focusing on the milestone of 1 million subscribers, I was wondering how many would be needed to crack 1 billion in revenue? Anyone care to hazard a guess?

Disc. not a holder these days

ARPU is about $350 per year, so you're looking at about 3 million subscribers.

[Harvey Specter]

ARPU is about $350 per year, so you're looking at about 3 million subscribers.

With Payroll, that ARPU could increase though. Really depends on the split between the fully functioning plans and the cashbook.

[Hawkeye]

http://www.nbr.co.nz/article/pushpay...ro-cs-p-175668

Probably not the right thread but oh well. I like the comment at the bottom.

(Also not on the right thread, but about a year ago someone created a poll on how many stocks people were holding shares in at that time, can we re-run that poll preferably along side the old one and see if there is any significant change in the answers? I know my answer is different)

[RGR367]

http://www.nbr.co.nz/article/pushpay...ro-cs-p-175668

Probably not the right thread but oh well. I like the comment at the bottom. .......

That comment of XRO being illiquid at its infancy? Really? I don't seem to remember that though.

[Harvey Specter]

http://www.nbr.co.nz/article/pushpay...ro-cs-p-175668

I like the comment at the bottom.

Looks like someone got caught with their pants (moose costume) down.

[winner69]

Xero ASM not as exciting as previous ones it seems

FY16 revenues >$200m ......+65% plus a bit. Wonder how much from forex?

[RGR367]

Xero ASM not as exciting as previous ones it seems

FY16 revenues >$200m ......+65% plus a bit. Wonder how much from forex?

Yeah, the food came in slowly too. They probably just want you to drink as there were more drinks than food. Slimmer crowd too or the venue just got bigger

[RGR367]

But is the addition of another 40K subscribers since 3rd June a positive or a negative one? Actually 40K subs in 10 weeks.

[artemis]

But is the addition of another 40K subscribers since 3rd June a positive or a negative one? Actually 40K subs in 10 weeks.

Victoria said 50,000 in 10 weeks - 40,000 since 3 June though - and those all in New Zealand.