Xro - xero

**winner69** · 26-02-2014, 09:13 PM

Originally Posted by Casino

Thanks for the pointer. If we assume 190k for ANZ, then UK/ROW number must have jumped from 47k to 60k. That's not too shabby if they can maintain that.

XRO blog says 100,000 in Australia milestone reached today

**Santiago** · 27-02-2014, 03:23 AM

The share price is like a homing pigeon right now. Gravitates back to an even 40 every time...

**Casino** · 27-02-2014, 11:53 AM

Originally Posted by winner69

XRO blog says 100,000 in Australia milestone reached today

Is it safe to say that Oz is bigger than NZ now?

**Harvey Specter** · 27-02-2014, 12:08 PM

Originally Posted by Casino

Is it safe to say that Oz is bigger than NZ now?

Yes - NZ is above 90,000 (or was it 95). I am sure we will have another announcement soon for NZ hitting 100,000. My guess is + or - 10 days from 31 March 2014 as accountants transition more of their clients over. Especially cashbook clients (low revenue unfortunately) as Xero are doing a push for these with their accounting network.

**Santiago** · 27-02-2014, 01:01 PM

Originally Posted by Harvey Specter

Yes - NZ is above 90,000 (or was it 95). I am sure we will have another announcement soon for NZ hitting 100,000. My guess is + or - 10 days from 31 March 2014 as accountants transition more of their clients over. Especially cashbook clients (low revenue unfortunately) as Xero are doing a push for these with their accounting network.

Quite a transition to have Australia as the biggest market. The question now is when the US will overtake Australia. I reckon the US behaves differently as a market, is more demanding and fickle, but also moves with quicker momentum. I'd say it'll be their biggest source of customers within around 18-24 months, or it never will be.

It'll also be be interesting to see if the NZ and Aust markets mirror each other in the inevitable slowdown in customer acquisition. Australia probably still has a fair bit left to run, though. You'd have to think that in the long run half a million in Aust is doable, if they've hit 100k in NZ.

**Toasty** · 27-02-2014, 05:15 PM

The view from the other side of the tracks. No research done by me (as usual). I struggle to see how a company as established as MYOB makes a $14 million dollar loss. I know they are retasking their products to become more cloud centric but they still have $240 million in revenue.

http://www.nzherald.co.nz/business/n...ectid=11210958

**Harvey Specter** · 27-02-2014, 05:29 PM

Originally Posted by Toasty

The view from the other side of the tracks. No research done by me (as usual). I struggle to see how a company as established as MYOB makes a $14 million dollar loss. I know they are retasking their products to become more cloud centric but they still have $240 million in revenue.

http://www.nzherald.co.nz/business/n...ectid=11210958

Ebitda was $120m. Not sure how many assets they have but being PE owned, it will have a lot of debt so probably not a true reflection.

**kizame** · 01-03-2014, 08:41 AM

From a TA perspective. The price has been consolidating for some time now,but the Bollinger Bands are now very tight,volume of shares are now getting lighter,and the stock is still being accumulated.
Get ready for an explosive move.