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Xero Limited
(Sydney:XRO)
Xero Limited (XRO) vs. iShares MSCI Australia ETF (EWA)
Xero Limited Business Overview & Revenue Model
Xero Limited Earnings Call Summary
Xero Limited Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.91B | 1.57B | 1.37B | 1.12B | 859.59M |
| Gross Profit | 1.70B | 1.43B | 989.43M | 810.40M | 616.76M |
| EBITDA | 697.39M | 510.98M | 183.23M | 220.83M | 189.50M |
| Net Income | 207.03M | 160.21M | -110.93M | ― | 19.69M |
Balance Sheet | |||||
| Total Assets | 4.06B | 2.95B | 2.33B | 2.35B | 2.02B |
| Cash, Cash Equivalents and Short-Term Investments | 2.12B | 1.53B | 1.05B | 937.17M | 1.11B |
| Total Debt | 1.22B | 1.22B | 1.07B | 1.02B | 951.21M |
| Total Liabilities | 2.06B | 1.56B | 1.34B | 1.31B | 1.28B |
| Stockholders Equity | 2.00B | 1.39B | 986.53M | 1.04B | 745.95M |
Cash Flow | |||||
| Free Cash Flow | 477.70M | 346.54M | 102.22M | ― | 57.90M |
| Operating Cash Flow | 737.61M | 597.47M | 381.52M | 240.83M | 221.42M |
| Investing Cash Flow | -366.39M | -244.34M | -297.92M | -438.16M | -200.49M |
| Financing Cash Flow | -160.78M | -94.16M | -296.16M | -62.68M | 551.39M |
Xero Limited Technical Analysis
Xero Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $38.70B | 126.18 | 13.73% | 0.17% | 19.03% | 37.24% | |
74 Outperform | AU$1.82B | 56.62 | 36.92% | 0.95% | 7.00% | 19.41% | |
69 Neutral | ¥234.01B | 14.95 | 7.54% | 2.58% | 9.26% | 5.89% | |
68 Neutral | AU$990.86M | 13.82 | 57.04% | 8.10% | 18.63% | ― | |
65 Neutral | €13.15B | 98.65 | 37.44% | 0.60% | 17.52% | 20.78% | |
60 Neutral | $28.90B | 128.80 | 12.98% | ― | 20.44% | 26.78% | |
55 Neutral | €1.47B | 16.59 | 27.46% | 1.26% | -3.98% | ― |
Xero Limited Corporate Events
Xero Limited announced the issuance of 1,232,081 restricted stock units under an employee incentive scheme, which are not immediately tradable on the ASX. This move is part of Xero’s strategy to retain and motivate its workforce, potentially impacting the company’s operational efficiency and market competitiveness positively by aligning employee interests with company performance.
The most recent analyst rating on (AU:XRO) stock is a Buy with a A$220.00 price target. To see the full list of analyst forecasts on Xero Limited stock, see the AU:XRO Stock Forecast page.
Xero Limited announced a change in the director’s interest notice, revealing that Dale Murray has increased his indirect shareholding in the company by acquiring 172 ordinary shares through a share purchase plan. This acquisition, valued at AU$30,000, reflects continued confidence in the company’s growth prospects and aligns with the strategic interests of stakeholders, potentially impacting Xero’s market positioning positively.
The most recent analyst rating on (AU:XRO) stock is a Buy with a A$220.00 price target. To see the full list of analyst forecasts on Xero Limited stock, see the AU:XRO Stock Forecast page.
Xero Limited announced a change in the director’s interest, with Susan Peterson acquiring 172 ordinary shares through a share purchase plan, bringing her total holdings to 3,512 shares. This transaction highlights the director’s increased investment in the company, potentially indicating confidence in Xero’s future performance and strategic direction.
The most recent analyst rating on (AU:XRO) stock is a Buy with a A$220.00 price target. To see the full list of analyst forecasts on Xero Limited stock, see the AU:XRO Stock Forecast page.
Xero Limited has announced a change in the director’s interest, as Mark Cross, a director and shareholder of Alpha Investment Partners Limited, has increased his indirect interest in Xero by acquiring 172 ordinary shares through a share purchase plan. This acquisition, valued at AU$30,000, brings Cross’s total holdings to 4,472 shares. The transaction reflects ongoing confidence in the company’s strategic direction and financial health, potentially impacting stakeholder perceptions positively.
The most recent analyst rating on (AU:XRO) stock is a Buy with a A$220.00 price target. To see the full list of analyst forecasts on Xero Limited stock, see the AU:XRO Stock Forecast page.
Xero Limited announced the cessation of 36,047 restricted stock units due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s operational adjustments and strategic decisions.
The most recent analyst rating on (AU:XRO) stock is a Buy with a A$220.00 price target. To see the full list of analyst forecasts on Xero Limited stock, see the AU:XRO Stock Forecast page.
Xero Limited announced the quotation of 741,538 ordinary fully paid securities on the Australian Securities Exchange (ASX) as part of a previously announced transaction. This move is expected to enhance the company’s financial flexibility and market presence, potentially benefiting its stakeholders by increasing liquidity and investor interest.
The most recent analyst rating on (AU:XRO) stock is a Buy with a A$220.00 price target. To see the full list of analyst forecasts on Xero Limited stock, see the AU:XRO Stock Forecast page.
Xero Limited has announced the quotation of new securities on the Australian Securities Exchange (ASX), with a total of 21,456 ordinary fully paid securities to be quoted. This move is part of the company’s ongoing efforts to expand its financial base and enhance its market presence, potentially impacting its operational capabilities and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:XRO) stock is a Buy with a A$220.00 price target. To see the full list of analyst forecasts on Xero Limited stock, see the AU:XRO Stock Forecast page.
Xero Limited has successfully completed its non-underwritten share purchase plan (SPP), raising approximately A$129.5 million. This follows a fully underwritten institutional placement that raised A$1.85 billion. The proceeds from the SPP will be used for general corporate and working capital purposes, with new shares expected to be issued and start trading by the end of July 2025. This financial maneuver is expected to bolster Xero’s operational capabilities and market positioning, benefiting stakeholders by enhancing the company’s financial flexibility.
The most recent analyst rating on (AU:XRO) stock is a Buy with a A$220.00 price target. To see the full list of analyst forecasts on Xero Limited stock, see the AU:XRO Stock Forecast page.
Xero Limited has released its 2025 Notice of Annual Meeting and Proxy Form, signifying an important event for stakeholders to review company performance and future plans. This announcement underscores Xero’s commitment to transparency and engagement with its investors, potentially impacting its market positioning and stakeholder relations.
The most recent analyst rating on (AU:XRO) stock is a Buy with a A$220.00 price target. To see the full list of analyst forecasts on Xero Limited stock, see the AU:XRO Stock Forecast page.
Xero Limited has opened its Share Purchase Plan (SPP) to eligible shareholders, allowing them to acquire up to A$30,000 worth of new shares without incurring brokerage or transaction costs. The SPP aims to raise approximately A$200 million, with the funds intended for general corporate and working capital purposes. The offer is designed to provide shareholders who missed the previous placement an opportunity to invest, potentially enhancing Xero’s capital base and market positioning.
The most recent analyst rating on (AU:XRO) stock is a Buy with a A$158.20 price target. To see the full list of analyst forecasts on Xero Limited stock, see the AU:XRO Stock Forecast page.
Xero Limited announced the application for quotation of 10,511,364 ordinary fully paid securities on the Australian Securities Exchange (ASX), effective from July 1, 2025. This move is part of a previously announced transaction, potentially impacting the company’s market presence and providing additional capital for growth and expansion.
The most recent analyst rating on (AU:XRO) stock is a Buy with a A$225.00 price target. To see the full list of analyst forecasts on Xero Limited stock, see the AU:XRO Stock Forecast page.
Xero Limited has successfully completed a fully underwritten institutional placement, raising A$1.85 billion to fund its acquisition of Melio Limited. This strategic move aims to enhance Xero’s accounting and payments offerings, aligning with its 3×3 strategy and US expansion goals. The placement involved issuing approximately 10.5 million new shares to institutional investors, with trading expected to resume soon. Additionally, Xero plans to offer a share purchase plan to eligible shareholders, targeting to raise A$200 million for general corporate purposes.
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.
Xero Limited has announced a proposed issue of securities, comprising 4,848,042 ordinary fully paid shares and 558,929 restricted stock units, scheduled for issuance on December 31, 2025. This move is part of the company’s strategy to enhance its capital structure, potentially impacting its market positioning by providing additional resources for growth and operations, which could have implications for stakeholders including investors and market analysts.
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.
Xero Limited has announced a proposed issue of securities, which includes an offer under a securities purchase plan and a placement. The company plans to issue a total of 11,647,728 ordinary fully paid securities, with the offer closing on July 21, 2025, and the issue date set for July 28, 2025. This move is likely aimed at raising capital to support business operations and growth, potentially strengthening Xero’s market position and providing value to stakeholders.
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.
Xero Limited has announced the acquisition of Melio Limited through a merger, alongside a capital raising initiative. This strategic move aims to enhance Xero’s market position by expanding its financial service offerings and increasing its operational capabilities. The equity raising involves an institutional placement of new shares and a share purchase plan for eligible shareholders, which is expected to bolster the company’s financial resources and support its growth strategy.
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.
Xero Limited has announced its acquisition of Melio, a leading US SMB bill pay platform, for $2.5 billion. This strategic move aligns with Xero’s 3×3 strategy, aiming to enhance its US market proposition and accelerate global growth. The acquisition is expected to significantly boost Xero’s revenue growth in the US by integrating Melio’s payment solutions with Xero’s accounting capabilities, offering a comprehensive platform for SMBs. The transaction is funded through a mix of cash, equity, and credit facilities, and is anticipated to maintain Xero’s financial stability while facilitating future growth.
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.
Xero Limited has requested a trading halt on its securities pending an announcement related to a corporate transaction and an associated equity raising. This move is expected to impact the company’s operations and market positioning, potentially affecting stakeholders as the details of the transaction unfold.
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.
Xero Limited announced the cessation of certain securities, including restricted stock units and options, due to various reasons such as the lapse of conditional rights and other unspecified factors. This announcement may impact the company’s capital structure and could have implications for its market positioning and stakeholder interests, as it reflects adjustments in the company’s financial instruments and equity plans.
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.
Xero Limited has announced the quotation of a total of 487,896 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move, resulting from the exercise of options or conversion of other convertible securities, is expected to enhance the company’s market presence and provide additional liquidity for stakeholders.
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.
Xero Limited has announced the quotation of new securities on the Australian Securities Exchange (ASX). The announcement includes the issuance of a total of 1,718 ordinary fully paid securities on various dates in April and May 2025. This move is part of the company’s ongoing efforts to manage its capital structure and enhance liquidity, potentially impacting its market positioning and offering new opportunities for stakeholders.
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.
Xero Limited announced the cessation of certain securities, specifically restricted stock units, due to the lapse of conditional rights that were not satisfied. This cessation reflects adjustments in the company’s issued capital and may impact stakeholders by altering the distribution of securities within the company.
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.
Xero Limited reported a 23% increase in operating revenue for FY25, reaching $2.1 billion, and achieved a 44.3% Rule of 40 outcome, reflecting strong execution and strategic investments. The company saw significant growth in adjusted EBITDA, free cash flow, and subscriber base, driven by product enhancements and strategic acquisitions, positioning it well in the financial technology sector. Xero’s focus on its 3×3 strategy and product innovations, such as the launch of GenAI-powered Just Ask Xero, underscores its commitment to delivering value to SMBs and maintaining its competitive edge.
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.
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.