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Xero investment back to pre-pandemic levels, US$19m acquisition made

The cloud accounting firm returned to a loss in the first half of 2022.

Xero returned to a half-year loss as its investment spend returned to pre-pandemic levels and the ASX-listed and Kiwi-founded company made its third acquisition of 2021.

Xero reported today what it described as a “strong performance” in the six months to September 30, with operating revenue

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Hamish McNicol Thu, 11 Nov 2021
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Xero investment back to pre-pandemic levels, US$19m acquisition made
General Business,
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