Xero (company)

Xero Limited
Company typePublic
ISINNZXROE0001S2
IndustrySoftware as a service
Founded2006; 18 years ago (2006) in Wellington, New Zealand
Founders
Headquarters
Wellington, New Zealand
Key people
ProductsAccounting software
RevenueIncrease NZ$1.399 billion (2023)
Increase NZ$57.29 million (2023)
Decrease NZ$−113.5 million (2023)
Total assetsIncrease NZ$2.65 billion (2024)
Total equityIncrease NZ$1.185 billion (2024)
Number of employees
4,242 (2024)
WebsiteXero.com
Footnotes / references
[1][2][3][4][5][6]

Xero is a New Zealand–based technology company that provides cloud-based accounting software for small businesses. The company has offices in New Zealand, Australia, the United Kingdom, the United States, Canada, South Africa and Singapore.[7][8] Xero's products are based on the software-as-a-service model and sold by subscription, based on the type and number of entities managed by the subscriber.[9] The products are used in over 180 countries.[10][11]

  1. ^ Laugesen, Ruth (17 October 2013). "From Xero a hero". New Zealand Listener.
  2. ^ Barwick, Harrish (8 November 2012). "NZ-based SaaS provider Xero lists on ASX". Computer World. Retrieved 15 January 2014.
  3. ^ "Xero Limited 2018 Annual Report" (PDF). Retrieved 24 May 2016.
  4. ^ "Xero Limited 2018 Interim Report" (PDF). Retrieved 17 March 2018.
  5. ^ "ASX" (PDF).
  6. ^ "Xero Limited Annual Report FY23". Xero Limited. Retrieved 18 May 2023.
  7. ^ Mckenzie, Hamish (1 May 2013). "Xero: A billion-dollar software company that had five years in stealth at the bottom of the planet – New Zealand". Bamboo Innovator. Retrieved 4 November 2022.
  8. ^ Campbell, Anita (13 October 2013). "Small Biz Accounting Software Space Heats Up As Xero Raises $150 Million". Small Biz Trends. Retrieved 15 January 2014.
  9. ^ Robins, Brian (6 November 2013). "Sharemarket darling Xero dubbed 'Apple of accounting'". The Sydney Morning Herald. Retrieved 15 January 2014.
  10. ^ "Xero grows to $1 Billion revenue – Enterprise Times". Enterprise Times. 20 July 2016. Retrieved 30 May 2018.
  11. ^ Ryan, Holly (9 May 2018). "Xero halves losses, closes in on profitability". The New Zealand Herald. ISSN 1170-0777. Retrieved 12 July 2019.