Xero Overview

  • Year Founded
  • 2006

Year Founded

  • Status
  • Public

  • Employees
  • 4,322

Employees

  • Stock Symbol
  • XRO

Stock Symbol

  • Investments
  • 12

  • Share Price
  • $104.20
  • (As of Friday Closing)

Xero General Information

Description

Xero is a technology company originating from New Zealand, providing cloud-based accounting software, primarily for small and midsize enterprises, or SMEs, and accounting practices. As a first mover in the space for cloud-based accounting software, Xero has grown quickly to achieve dominant market share in New Zealand and Australia, displacing legacy providers. Xero has also expanded beyond its home region toward other English-speaking countries, primarily the United Kingdom.

Contact Information

Website
www.xero.com
Formerly Known As
Xero Live
Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • 19-23 Taranaki Street
  • Te Aro
  • Wellington, 6011
  • New Zealand
Primary Industry
Financial Software
Stock Exchange
ASX
Vertical(s)
SaaS, TMT, FinTech
Corporate Office
  • 19-23 Taranaki Street
  • Te Aro
  • Wellington, 6011
  • New Zealand

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Xero Stock Performance

As of 17-Jan-2025, Xero’s stock price is $104.20. Its current market cap is $15.9B with 153M shares.

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$104.20 $104.75 $69.69 - $116.44 $15.9B 153M 400K $0.86

Xero Financials Summary

As of 30-Sep-2024, Xero has a trailing 12-month revenue of $1.16B.

In Thousands,
USD
TTM 30-Sep-2024 FY 2024 31-Mar-2024 FY 2023 31-Mar-2023 FY 2022 31-Mar-2022
EV 15,604,511 13,142,597 9,085,801 11,577,394
Revenue 1,160,934 1,043,815 871,095 763,015
EBITDA 203,680 302,966 98,566 147,940
Net Income 131,070 106,369 (70,647) (6,340)
Total Assets 1,760,226 1,561,030 1,632,978
Total Debt 0 730,064 716,659 711,533
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Xero Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Xero Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Xero is a technology company originating from New Zealand, providing cloud-based accounting software, primarily for smal
Financial Software
Wellington, New Zealand
4,322 As of 2024

Walldorf, Germany
 

Newcastle Upon Tyne, United Kingdom
 
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Xero Competitors (19)

One of Xero’s 19 competitors is SAP, a Corporation company based in Walldorf, Germany.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
SAP Corporation Walldorf, Germany
Sage Group Formerly VC-backed Newcastle Upon Tyne, United Kingdom
Exact Software Private Equity-Backed Delft, Netherlands
Intuit Formerly VC-backed Mountain View, CA
Intuit QuickBooks Corporation Tucson, AZ
You’re viewing 5 of 19 competitors. Get the full list »

Xero Patents

Xero Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2024901930-A0 Methods and systems for associating data objects Pending 25-Jun-2024
AU-2024901753-A0 Apparatus, program, and computer-implemented method for automated processing of natural language instructions Pending 11-Jun-2024
AU-2024901751-A0 Automated selection of processing functions in response to user message Pending 11-Jun-2024
AU-2024901703-A0 Method, program, apparatus for handling user knowledge base queries Pending 06-Jun-2024
AU-2024900528-A0 Computer implemented method, program, and apparatus for automated selection and triggering of content processing functions Pending 29-Feb-2024
To view Xero’s complete patent history, request access »

Xero Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Xero Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Xero Investments & Acquisitions (12)

Xero’s most recent deal was a Later Stage VC with Deputy for . The deal was made on 18-Mar-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Deputy 18-Mar-2024 Later Stage VC Business/Productivity Software
Lodestone Energy 07-Jun-2022 Early Stage VC Energy Production
TaxCycle 23-Dec-2021 Merger/Acquisition Financial Software
LOCATE Inventory 10-Nov-2021 Merger/Acquisition Business/Productivity Software
Tickstar 23-Mar-2021 Merger/Acquisition IT Consulting and Outsourcing
You’re viewing 5 of 12 investments and acquisitions. Get the full list »

Xero ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

14.81 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,104

Rank

Percentile

Software & Services

Industry

of 962

Rank

Percentile

Enterprise and Infrastructure Software

Subindustry

of 379

Rank

Percentile

To view Xero’s complete esg history, request access »

Xero Exits (2)

Xero’s most recent exit was on 25-Aug-2020 from Waddle. The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
Waddle 25-Aug-2020 Completed
WorkflowMax 02-Feb-2012 Merger/Acquisition Completed
To view Xero’s complete exits history, request access »

Affiliates

Subsidiaries (6)

Name Industry Location Year Founded
Hubdoc Toronto, Canada 2011
Pay Cycle Australia Brookvale, Australia 2009
LOCATE Inventory Long Beach, CA 2009
WorkflowMax Auckland, New Zealand 2007
Tickstar Stockholm, Sweden 2006
You’re viewing 5 of 6 affiliates. Get the full list.  »

Xero FAQs

  • When was Xero founded?

    Xero was founded in 2006.

  • Where is Xero headquartered?

    Xero is headquartered in Wellington, New Zealand.

  • What is the size of Xero?

    Xero has 4,322 total employees.

  • What industry is Xero in?

    Xero’s primary industry is Financial Software.

  • Is Xero a private or public company?

    Xero is a Public company.

  • What is Xero’s stock symbol?

    The ticker symbol for Xero is XRO.

  • What is the current stock price of Xero?

    As of 17-Jan-2025 the stock price of Xero is $104.20.

  • What is the current market cap of Xero?

    The current market capitalization of Xero is $15.9B.

  • What is Xero’s current revenue?

    The trailing twelve month revenue for Xero is $1.16B.

  • Who are Xero’s competitors?

    SAP, Sage Group, Exact Software, Intuit, and Intuit QuickBooks are some of the 19 competitors of Xero.

  • What is Xero’s annual earnings per share (EPS)?

    Xero’s EPS for 12 months was $0.86.

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