Xero inches deeper into the red
Cash outflow is expected to reduce this year.
Calida Stuart-Menteath
Thu, 08 Nov 2018
Xero has inched deeper into the red in its latest half-year despite revenue increasing.
The Wellington-headquartered tech company posted a loss of $29 million for the six months to the end of September, widened 46% from its $19.6m loss in the same period last year.
Earnings before interest,
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Calida Stuart-Menteath
Thu, 08 Nov 2018
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