Craft

Xero

Stock Price

$125.1

2023-08-31

Market Capitalization

$18.9 B

2023-08-31

Revenue

$1.4 B

FY, 2023

Xero Summary

Company Summary

Overview
Xero is a company that develops cloud-based accounting software for small and medium-sized businesses. Its key features include automatic bank and credit card account feeds, invoicing, accounts payable, expense claims, fixed asset depreciation, purchase orders, etc. The company serves construction, e-commerce, healthcare, farming, manufacturing, tourism, real estate, and other industries.
Type
Public
Status
Active
Founded
2006
HQ
Wellington, NZ | view all locations
Website
https://www.xero.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Sukhinder Singh Cassidy
  • Damien Coleman

    Damien Coleman, Chief Legal Officer & Company Secretary

  • Diya Jolly

    Diya Jolly, Chief Product Officer

  • Chris O'Neill

    Chris O'Neill, Chief Growth Officer

Operating MetricsView all

Subscribers

3.7M
14.4%

FY, 2023

Transaction Volume

$4.2T

FY, 2021

Annualized Committed Monthly Revenue

$1.6B
26.2%

FY, 2023

LocationsView all

19 locations detected

  • Wellington, Wellington HQ

    New Zealand

    19-23 Taranaki Street, Te Aro

  • Denver, CO

    United States

    1615 Platte St #400

  • New York, NY

    United States

    45 W 45th St 8th floor

  • San Francisco, CA

    United States

    785 Market St floor 10

  • Brisbane City, QLD

    Australia

    10/243 Edward St

  • Canberra, ACT

    Australia

    Level 3/17 Moore St

and 13 others

Xero Financials

Summary Financials

Revenue (FY, 2023)
$1.4B
Gross profit (FY, 2023)
$1.4B
Net income (FY, 2023)
($113.5M)
Cash (FY, 2023)
$230.6M
EBIT (FY, 2023)
($59.8M)
Enterprise value
$19.7B

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