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Xero maintains ‘rule of 40’ rise with positive half-year result

Accounting software company continues to improve its performance in the popular SaaS business metric.

Xero CEO Sukhinder Singh Cassidy.

Will Mace Thu, 14 Nov 2024
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

Xero has continued to push further into ‘rule of 40’ territory in the first half of FY25 as the ASX-listed accounting software business follows a path to North American expansion set by chief executive Sukhinder Singh Cassidy.

Reporting its half-year results today, Xero disclosed a 23%

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Will Mace Thu, 14 Nov 2024
Contact the Writer: william@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Xero maintains ‘rule of 40’ rise with positive half-year result
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