Still burning tens of millions of cash but jeez who cares about ....believe the story
Growing new customers at 40 to 50% per annum will turn that around pretty quickly. The South African market alone is huge as is South East Asia. Not sure about China but India would have to be a target. Bash out a local language version and away you go. They only need a small percentage of any market to make it wildly profitable and with the penetration they have now they have definite credibility.
The key is to get the bank linkages in any given country. Once they have that sorted out they can engage the professional services community and away they go.
A bit of a roller coaster in the SP today. Down 100 on open, then up 90 before finally closing down 139.
I still need to digest the information but it doesn’t seem that far off what I might’ve expected. These Xero announcements are getting a little predictable now!
Good growth from North America and RoW. Will be interesting to see what happens with RoW growth and revenue mix/ARPU over the next few years
Interesting. Poor choice of name already. Seems to be the same as quite a big online learning institiuion in India. https://www.wiise.co/. Unless its part of it somehow which doesn't seem likely.
Originally Posted by Filthy
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