Xro - xero

[Harvey Specter]

Have a look at MYOB and how many people they have to dedicate to talking to accounting firms, creating templates and customisations for the mid tier and larger accounting firms, dealing with queries - your $2m is insultingly low. I set up businesses and SPVs all the time - your numbers are ridiculous.

Sales and Marketing is allocated to Country so those costs aren't included in G&A. MY G&A would cover rent (no need for fancy Wellington central offices - a small office in the 'burbs will do), CEO, CFO, Accounts receivable and payable, receptionist (given how fantastic Xero is, the Receptionist is dong the AP and AR). I forget to include accounting software so add in an extra $600 year, though they would get a discount from going through their accountant. I was also assuming it was unlisted.

I'm basing this off a company with turnover $10m+ and over 100 staff where G&A is ~$1m so thought I was being generous.

I think that the $2m that Harvey is talking about is General Admin. I guess that this includes things like HR and building management etc.

If you are talking about "talking to accounting firms, creating templates and customisations for the mid tier and larger accounting firms, dealing with queries", this would all come under the other three categories (COGS, sales & marketing, R&D).

correct

Dont know what youre getting at - I attacked the ball not the man.

No one messes with Harvey Specter!!!!

[Hoop]

Rubbish.

If I sell any shares, the price will go to 20+. If I hold, it'll continue to fall.

You wouldn't believe the power I have.

What a brilliant quote .... copyright it quick

[Schrodinger]

You boys still knocking XRO? If you were consistent you would spend more time on a company with NO revenues like PEB instead of one that is increasing 80%+ year.

Pro tip: Don't day trade XRO you are wasting your time.

[RGR367]

Rubbish.

If I sell any shares, the price will go to 20+. If I hold, it'll continue to fall.

You wouldn't believe the power I have.

Muchas gracias. LOL. The FORCE is with you then.

[Santiago]

Muchas gracias. LOL. The FORCE is with you then.

For a small fee, I'm willing to offload a few shares for the greater good

[hummerh40]

No one messes with Harvey Specter!!!!

Except Donna!

[Casino]

Somebody suggested to lighten up. This one is good for a chuckle, I think:

https://twitter.com/CloudAcctsToday/...16795686912000

[RGR367]

Somebody suggested to lighten up. This one is good for a chuckle, I think:

https://twitter.com/CloudAcctsToday/...16795686912000

Yeah, it was more than as per this pic would show pic.twitter.com/yJmCnMgdRr But how would Xero reacts too when it's Intuit chance to gate crashed a future Xerocon?

[Balance]

You boys still knocking XRO? If you were consistent you would spend more time on a company with NO revenues like PEB instead of one that is increasing 80%+ year.

Pro tip: Don't day trade XRO you are wasting your time.

Relax - the knockers only come out when the sp is dropping. Notice how quickly they disappear when the sp is on the rise? Just like harlots in the morning when the sun comes out.

[couta1]

Relax - the knockers only come out when the sp is dropping. Notice how quickly they disappear when the sp is on the rise? Just like harlots in the morning when the sun comes out.

Love it