Report
Gareth James
EUR 100.00 For Business Accounts Only

Xero FVE Increased to AUD 28 Following Solid Full-Year Result

Narrow-moat-rated Xero’s fiscal 2019 result represented its 11th consecutive year of losses but the company continues to create value via strong subscriber growth and, importantly, unit costs continue to fall. Subscriber and revenue growth remain a top priority for two reasons. First, scale creates market dominance which should strengthen the brand and may eventually help create a network effect. Second, increasing scale will lower unit costs and potentially create a cost advantage by fractional...
Underlying
Xero Limited

Xero is engaged in the provision of a platform for online accounting and business services to small businesses.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Gareth James

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