Log in
FREE 15-Day Trial
Intelligent Investor
Intelligent Investor
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Shares
  5. Xero Limited (XRO)
  6. Company Financials

Xero Limited (ASX: XRO) - Financials

- Current share price for XRO : $119.810

Xero Limited (XRO) is a global small business platform with 3.7 million subscribers which includes a core accounting solution, payroll, workforce management, expenses and projects. Xero also has an extensive ecosystem of connected apps and connections to banks and other financial institutions helping small businesses access a range of solutions from within Xero's open platform to help them run their business and manage their finances.

Intelligent Investor free trial for buy hold sell stock recommendations

XRO Per Share

Year to Jun Sales Cashflow Earnings Dividends Franking Book Value Average
Annual P/E		 Relative P/E Shareholder Return
2023 $8.73 243.6 ¢ 20.4 ¢ 0 ¢ 0% $6.53 402.4 2663.1% -13%
2022 $6.87 148 ¢ 9.8 ¢ 0 ¢ 0% $6.43 1367.1 8246.8% -18.8%
2021 $5.20 133.9 ¢ 53.2 ¢ 0 ¢ 0% $4.66 200.8 1700% 86.3%

XRO Capital Structure

Total Debt Interest Long Term Debt Percent Debt Preferred Stock Share Equity Percent Equity
$1,070,125 $42,122 $1,053,971 52% $0.00 $986,526 48%
Note: All dollars in thousands ('000) for the table above

XRO Historical Financials

2023 2022 2021
Revenue ($M) 1,310.4 1,019.4 779.2
Operating Margin (%) 21.8 21.6 30.4
Depreciation ($M) -28.2 -25.9 -22.9
Amortisation ($M) -176 -133 -96
Net Profit Before Abs ($M) 30.6 14.5 79.8
Net Profit After Abs ($M) -106.3 -8.5 18.2
Income Tax Rate (%) -50 485.7 145
Net Profit Margin (%) 2.3 1.4 10.2
Employees ($T) 5.1 4.8 3.6
Long Term Debt ($M) 1,054 935.7 861.1
Shareholders Equity ($M) 986.5 961 684.8
Return on Capital (%) 3 2 10
Return on Equity (%) 3.1 1.5 11.7
Payout Ratio (%)

XRO Cashflow

2023 2022 2021
Customer Receipts ($M) 1,305 1,013 777
Net Operating Cashflow ($M) 365.5 219.7 200.7
Net Investing Cashflow ($M) -285 -400 -182
Net Financing Cashflow ($M) -284 -57 500

XRO Market & Earnings

2023 2022 2021
Market Cap ($M) 13,505 15,360 18,579
Net Gearing (%) 86.6 59.7 39.3
Net Interest Cover (%) 5.44 1.68 1.22
Dividend Yield (%)
NTA Per Share ($) 0.56 0.46 1.64
EBITDA ($M) 285.1 220.6 237.2
EBIT ($M) 80.9 62 118.3
EBT Before Abs ($M) 66 25.1 21.3

XRO Balance Sheet

2023 2022 2021
Cash ($M) 215.9 375.7 603.9
Debtors ($M) 12.14 13.82 7.58
Other Debtors ($M) 67 49.9 32.3
Prepayments ($M) 41.6 40.6 39.4
Inventories ($M)
Current Investments ($M) 835.1 500.1 416.5
Other Current Assets ($M) 11.1 15.94 5.86
Total Current Assets ($M) 1,182.8 996.1 1,105.6
Receivables ($M)
Inventories ($M)
Property, Plant & Equipment ($M) 209.1 205.6 150.4
Accumulated Depreciation ($M) -79.8 -58.5 -50
Intangibles ex. Goodwill ($M) 591.6 501.4 328.6
Goodwill ($M) 309.9 390.3 115.8
Future Income Tax Benefit ($M) 86.1 90.2 94.8
Non-Current Investments ($M) 29.8 52.3 112.7
Other Non-Current Assets ($M) 1.46 0.54 0.25
Total Non-Current Assets ($M) 1,148.1 1,181.9 752.5
Total Assets ($M) 2,331 2,178 1,858
Accounts Payable ($M) 48.9 51.5 41.1
Provisions ($M) 138.3 80.1 78.3
Short Term Debt ($M) 16.2 13.3 12.1
Other Current Liabilities ($M) 35.4 37.7 23.5
Total Current Liabilities ($M) 238.8 182.6 155
Creditors ($M)
Long Term Debt ($M) 1,054 935.7 861.1
Provisions ($M) 38.4 65.1 116.7
Other Non-Current Liabilities ($M) 13.3 33.6 40.5
Total Non-Current Liabilities ($M) 1,106 1,034 1,018
Total Liabilities ($M) 1,344 1,217 1,173
Share Capital ($M) 1,601 1,469 1,187
Reserves ex. Share Premium ($M) -199.5 -201.7 -208
Share Premium Reserve ($M)
Retained Profits ($M) -415.1 -306.6 -294.5
Other Shareholders Equity ($M)
Convertible Equity ($M)
Outside Equity Interest ($M)
Total Shareholders Equity ($M) 986.5 961 684.8

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.