Xero (XRO.AX) stock price, revenue, and financials

Xero market cap is $14.8 b, and annual revenue was $552.82 m in FY 2019

$14.8 B

XRO.AX Mkt cap, 02-Oct-2020

$338.7 M

Xero Revenue H1, 2020
Xero Gross profit (H1, 2020)288.5 M
Xero Gross profit margin (H1, 2020), %85.2%
Xero Net income (H1, 2020)1.3 M
Xero EBIT (H1, 2020)14.7 M
Xero Cash, 30-Sept-2019110.9 M
Xero EV15.2 B

Xero Revenue

Xero revenue was $552.82 m in FY, 2019 which is a 36% year over year increase from the previous period.

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Xero Revenue Breakdown

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Xero revenue breakdown by business segment: 97.4% from Subscription and 2.6% from Other

Xero revenue breakdown by geographic segment: 5.4% from Rest of World, 8.0% from North America, 21.6% from United Kingdom, 17.7% from New Zealand and 47.3% from Australia

Xero Income Statement

Half Year

NZDH1, 2016H1, 2017H1, 2019H1, 2020

Revenue

137.2m187.8m256.5m338.7m

Cost of goods sold

33.8m37.4m44.3m50.1m

Gross profit

103.4m150.4m212.3m288.5m

Gross profit Margin, %

75%80%83%85%

Sales and marketing expense

86.2m92.3m68.9m146.1m

R&D expense

43.9m57.7m68.9m85.3m

General and administrative expense

19.1m21.5m31.1m41.1m

Operating expense total

149.2m171.5m168.8m272.5m

EBIT

(45.8m)(21.1m)(22.4m)14.7m

EBIT margin, %

(33%)(11%)(9%)4%

Interest expense

17.4m

Interest income

2.1m1.1m782.0k7.4m

Pre tax profit

(43.8m)(20.1m)(27.4m)3.8m

Income tax expense

1.1m945.0k1.2m2.5m

Net Income

(43.9m)(21.1m)(28.6m)1.3m

Xero Balance Sheet

Annual

NZDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

14.9m58.9m39.0m27.7m21.0m121.5m

Accounts Receivable

3.7m5.7m8.7m11.8m5.5m7.1m

Current Assets

224.3m293.5m211.5m147.7m118.0m586.6m

PP&E

9.9m16.6m15.5m15.9m21.2m91.5m

Total Assets

271.8m378.4m328.1m293.3m289.1m970.3m

Accounts Payable

3.6m5.7m9.6m11.4m7.4m5.7m

Short-term debt

11.5m

Current Liabilities

16.8m30.5m46.8m65.7m61.1m105.1m

Long-term debt

71.3m

Non-Current Liabilities

57.0k2.3m2.2m3.4m4.9m511.9m

Total Debt

82.8m

Total Liabilities

16.9m32.7m49.0m69.1m65.9m617.0m

Common Stock

336.3m492.0m503.3m522.6m537.7m627.8m

Retained Earnings

(85.9m)(155.5m)(237.9m)(307.0m)(334.8m)(343.9m)

Total Equity

254.9m345.7m279.1m224.2m223.1m(353.3m)

Debt to Equity Ratio

-0.2 x

Debt to Assets Ratio

0.1 x

Financial Leverage

1.1 x1.1 x1.2 x1.3 x1.3 x-2.7 x

Half Year

NZDH1, 2017H1, 2019H1, 2020

Cash

23.3m21.2m110.9m

Current Assets

123.9m658.1m646.4m

PP&E

21.1m73.1m92.3m

Total Assets

285.3m996.4m1.1b

Short-term debt

3.5m11.8m12.3m

Current Liabilities

62.6m159.9m115.4m

Long-term debt

403.9m464.4m

Non-Current Liabilities

6.2m506.9m564.9m

Total Debt

3.5m415.8m476.6m

Total Liabilities

68.8m666.8m680.3m

Common Stock

525.8m607.6m643.7m

Retained Earnings

(328.1m)(345.3m)(342.5m)

Total Equity

216.5m329.6m379.8m

Debt to Equity Ratio

0 x1.3 x1.3 x

Debt to Assets Ratio

0 x0.4 x0.4 x

Financial Leverage

1.3 x3 x2.8 x

Xero Cash Flow

Annual

NZDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(34.7m)(69.5m)(82.5m)(69.1m)(27.8m)(27.1m)

Depreciation and Amortization

42.1m54.7m17.9m

Cash From Operating Activities

(21.0m)(38.6m)(34.8m)(4.4m)41.2m114.2m

Purchases of PP&E

(5.1m)(10.3m)(4.7m)(6.7m)(15.3m)(15.7m)

Cash From Investing Activities

(27.4m)(49.8m)(53.8m)(66.4m)(78.1m)(140.5m)

Short-term Borrowings

(112.0m)(76.8m)(40.7m)

Cash From Financing Activities

57.2m132.2m66.2m60.1m30.1m143.6m

Net Change in Cash

8.8m43.8m(22.3m)(10.8m)(6.9m)117.3m

Half Year

NZDH1, 2016H1, 2017H1, 2019H1, 2020

Net Income

(43.9m)(21.1m)(28.6m)1.3m

Cash From Operating Activities

(13.4m)6.1m36.0m71.5m

Purchases of PP&E

(2.3m)(9.7m)(6.9m)(5.3m)

Cash From Investing Activities

(32.4m)(40.7m)(76.1m)(66.7m)

Short-term Borrowings

(56.0m)(41.0m)(4.8m)(5.3m)

Cash From Financing Activities

42.5m30.2m39.6m(22.5m)

Net Change in Cash

(3.3m)(4.4m)(496.0k)(17.7m)

Xero Ratios

NZDFY, 2014

Financial Leverage

1.1 x

Xero Operating Metrics

Xero's Subscribers was reported to be 1.4 m in FY, 2018. Xero's Transaction Volume was reported to be $2.8t in FY, 2019.
FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Subscribers

284 k475 k717 k1.04 m1.39 m

Annualized Committed Monthly Revenue

$93 m$159.34 m$257.90 m$359.70 m$484.42 m$638.20 m

ARPU

$27.30 $28 $30 $29 $29.10 $30.66

Net Customer Additions

284 k191 k242 k318 k351 k

Transaction Volume

$300 b$1 t$1.40 t$2.15 t$2.80 t

Countries

180 180 180 180

Partners

11.60 k16 k

Updates Delivered

1.20 k

Invoices Sent per Year

$320 b

Payrolls Processed Annually

$4.10 b

AWS Servers Used

4.80 k

Customers (Australia)

109 k203 k312 k446 k583 k

Customers (New Zealand)

102 k138 k186 k246 k301 k

Customers (North America)

18 k35 k62 k92 k132 k195 k

Customers (UK)

47 k83 k133 k212 k312 k463 k

Customers (Other world)

8 k16 k24 k39 k58 k83 k

Xero Employee Rating

3.8269 votes
Culture & Values
4.1
Work/Life Balance
4.3
Senior Management
3.6
Salary & Benefits
3.8
Career Opportunities
3.8
Source