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An update from Xero Limited ( (AU:XRO) ) is now available.
Xero Limited announced its FY25 financial results, reporting a 23% increase in revenues to NZ$2.1 billion and a 30% rise in net profit to NZ$227.8 million. Despite the strong financial performance, the company does not plan to pay dividends for this period. The significant increase in net tangible assets per share, from NZ$2.68 to NZ$6.62, is attributed to higher cash and short-term deposit balances. This financial growth underscores Xero’s strengthening position in the market, reflecting its successful strategy in enhancing its platform and expanding its customer base.
The most recent analyst rating on (AU:XRO) stock is a Buy with a A$170.00 price target. To see the full list of analyst forecasts on Xero Limited stock, see the AU:XRO Stock Forecast page.
More about Xero Limited
Xero is a global small business platform that integrates essential tools like accounting, payroll, and payments into one platform. It helps automate routine tasks and provides timely insights, connecting small businesses with their data, apps, and advisors. Trusted by millions worldwide, Xero aims to enhance the lives of small business owners, their advisors, and communities.
Average Trading Volume: 428,974
Technical Sentiment Signal: Buy
Current Market Cap: A$26.33B
For an in-depth examination of XRO stock, go to TipRanks’ Stock Analysis page.