Report
Gareth James
EUR 100.00 For Business Accounts Only

Xero Gears Up with Convertible Note Issuance. FVE Increased to AUD 25.50.

Narrow-moat-rated Xero has demonstrated its commitment to maintaining high revenue growth rates via the issuance of nearly half a billion New Zealand dollars’ worth of debt. The use of the new funds is yet to be determined but we expect the company will undertake further acquisitions, like the recent Hubdoc acquisition, which add functionality to its cloud-based accounting software platform. Although acquisitions may prolong losses from an income statement perspective, they are also likely maint...
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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