Xro - xero

[mikeybycrikey]

Sounds a lot like VML, eh Baa?

[Jantar]

EPS	-$0.542
NTA	$2.061

At the current rate XRO will be insolvent in less than 4 years. Unless there is a plan for making substantial profits within that time then this is no more than junk stock.

[winner69]

The days are long, the decades are short.

[Hawkeye]

http://www.nbr.co.nz/article/apple-e...mo-ck-p-173782

[JamesST]

[TABLE]

At the current rate XRO will be insolvent in less than 4 years. Unless there is a plan for making substantial profits within that time then this is no more than junk stock.

Making profits is not a requirement to pass the solvency test.

[Jantar]

Making profits is not a requirement to pass the solvency test.

But not having any tangible assets (net worth) is a sure way to fail it.

[PSE]

Making profits is not a requirement to pass the solvency test.

Right, but Jantar said they are solvent now and on their way to being insolvent in four years time unless they improve profitability or find more people to believe the story (raise capital). The story is that the way to shareholder riches is to buy your customers.
Good luck with that, and taking on the larger profitable US incumbent. Presumably they could choose to take a loss for a year or two and obliterate Xero from their market if they considered them a credible threat.

[Xirr]

Jantar, you're not giving the bears a good name by speculating Xero will be insolvent.

[mfd]

EPS	-$0.542
NTA	$2.061

At the current rate XRO will be insolvent in less than 4 years. Unless there is a plan for making substantial profits within that time then this is no more than junk stock.

They've made it pretty clear they could be profitable right now if they wanted to be, but they're spending the money they've raised to be as big as they can possibly be. What else should they be doing with the invested money than spending it on growth?

[RGR367]

But not having any tangible assets (net worth) is a sure way to fail it.

Better really define what tangible assets are and then redefining it again as net worth before you can talk about failure.