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Thread: Xro - xero

  1. #7241
    Speedy Az winner69's Avatar
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    Quote Originally Posted by artemis View Post
    Interesting to see Xero recovering and not all that far off its high now. Given the state of the world these days it seems likely that quite a few of Xero's clients will go under and that will impact their outlook.

    Maybe their customers are more savvy than the average! Could be.
    I doubt their customers are more savvy than the average ....but all least Xero customers know when they’re broke faster.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  2. #7242
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    Quote Originally Posted by winner69 View Post
    I doubt their customers are more savvy than the average ....but all least Xero customers know when they’re broke faster.
    LOL, though would say that a vast number of small businesses do the accounts at the kitchen table with a shoebox of bits of paper. Owners who invest in cloud accounting software are a big step up from that.

  3. #7243
    Senior Member Toasty's Avatar
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    Hi RnT. Still holding. Welcome back. I did sell a very small amount just as the world was imploding recently. Just to have a bit of cash to invest elsewhere. I am amazed how well it has held up and hopefully as this Covid thing passes we will see a return to that relentless climb. Still a big addressable market I reckon.

  4. #7244
    IMO
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    Mkt doesnt like results atp down re 5%

    Investor Presentation - FY20 Annual Results
    Last edited by Joshuatree; 14-05-2020 at 03:28 PM.

  5. #7245
    Senior Member pierre's Avatar
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    Quote Originally Posted by Joshuatree View Post
    Mkt doesnt like results atp down re 5%
    Nice to see positive numbers on the bottom line, in revenue and subscriber numbers and EBITDA and EBITDA margin.

    Probably not the results that are the problem - more likely unhappiness about the vagueness of the outlook for FY21.

    I'm currently drafting a budget for my business for FY21 and like XRO really have no idea what to predict the Covid-19 impact will be on the revenue line.
    Last edited by pierre; 14-05-2020 at 03:44 PM.

  6. #7246
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    Um pierre - your link appears to go to the ASB login page

  7. #7247
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    Quote Originally Posted by Joshuatree View Post
    Mkt doesnt like results atp down re 5%
    Investor Presentation - FY20 Annual Results
    Methinks mum&dad are realising that the economic shock of the lockdowns are only just beginning!

  8. #7248
    Senior Member pierre's Avatar
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    Quote Originally Posted by Jay View Post
    Um pierre - your link appears to go to the ASB login page
    That was a copy of Joshuatree's original message. He asked me to remove the quote from my comment - which I have now done.

  9. #7249
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    Quote Originally Posted by Jay View Post
    Um pierre - your link appears to go to the ASB login page
    Thanks Jay ive put another link up.

  10. #7250
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    Finally getting back on track and closing in on $100. I tend to think the covid recovery will be a great catalyst for increased growth in cloud accounting and I hope Xero will do well.

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