Comments on: The Xero hockey stick http://www.accmanpro.com/2009/03/31/the-xero-hockey-stick/ Thu, 09 Feb 2012 10:01:51 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Saas accounting not growing - utter nonsense | AccMan http://www.accmanpro.com/2009/03/31/the-xero-hockey-stick/comment-page-1/#comment-6096 Saas accounting not growing - utter nonsense | AccMan Thu, 16 Apr 2009 04:47:17 +0000 http://www.accmanpro.com/?p=4476#comment-6096 [...] nothing was growing then how the heck did Xero report a hockey stick with 2,000 in the UK where there were none 2 years [...] [...] nothing was growing then how the heck did Xero report a hockey stick with 2,000 in the UK where there were none 2 years [...]

]]> By: Kashflow worth £10 million raises interesting questions | AccMan http://www.accmanpro.com/2009/03/31/the-xero-hockey-stick/comment-page-1/#comment-6095 Kashflow worth £10 million raises interesting questions | AccMan Thu, 16 Apr 2009 02:48:44 +0000 http://www.accmanpro.com/?p=4476#comment-6095 [...] price hockey stick has little to do with fundamentals but the expectation the company will continue its upward trajectory. In other words, future growth is already baked into the valuation but based on some extremely good [...] [...] price hockey stick has little to do with fundamentals but the expectation the company will continue its upward trajectory. In other words, future growth is already baked into the valuation but based on some extremely good [...]

]]> By: Xero seeks new UK CEO | AccMan http://www.accmanpro.com/2009/03/31/the-xero-hockey-stick/comment-page-1/#comment-6094 Xero seeks new UK CEO | AccMan Tue, 14 Apr 2009 01:38:35 +0000 http://www.accmanpro.com/?p=4476#comment-6094 [...] The Xero hockey stick (accmanpro.com) [...] [...] The Xero hockey stick (accmanpro.com) [...]

]]> By: Dennis Howlett http://www.accmanpro.com/2009/03/31/the-xero-hockey-stick/comment-page-1/#comment-6092 Dennis Howlett Tue, 31 Mar 2009 04:29:36 +0000 http://www.accmanpro.com/?p=4476#comment-6092 @max - I took account of the seasonal component so it is very much 'wait and see' - I'm not sure I understand what you mean by 'global'- I know about the move into Australia but that's hardly 'global.' They've been in the UK for some time. The public listing doesn't provide any guarantee that Xero can 'handle the loss' unless there are lines of credit that are as yet undeclared. Especially in the current economic climate although I will concede that opportunities are probably better for XRO than most others. There was discussion about 'exploring further financing' in the '08 AR but I've seen nothing since. I'll wait until the numbers come out before offering any further opinion although I do know the company claims it is ahead of where it thought it might be. That's all to the good. @max – I took account of the seasonal component so it is very much 'wait and see' – I'm not sure I understand what you mean by 'global'- I know about the move into Australia but that's hardly 'global.' They've been in the UK for some time.

The public listing doesn't provide any guarantee that Xero can 'handle the loss' unless there are lines of credit that are as yet undeclared. Especially in the current economic climate although I will concede that opportunities are probably better for XRO than most others. There was discussion about 'exploring further financing' in the '08 AR but I've seen nothing since.

I'll wait until the numbers come out before offering any further opinion although I do know the company claims it is ahead of where it thought it might be. That's all to the good.

]]> By: Max S http://www.accmanpro.com/2009/03/31/the-xero-hockey-stick/comment-page-1/#comment-6091 Max S Tue, 31 Mar 2009 03:39:54 +0000 http://www.accmanpro.com/?p=4476#comment-6091 Xero went global near the end of Dec, which is why there is a significant jump. I believe the hockey stick growth will continue - but the graph exagerates the extent as there is a seasonal component in NZ & UK at financial year end...(March) I think Xero's Loss for the year will be near $7 million NZD as revenues will be small due to the fact that they started the year will only 950 customers - Xero's cash position is ready to handle this loss(investment) due to the public listing. The next year will be very interesting in this space... Xero went global near the end of Dec, which is why there is a significant jump.

I believe the hockey stick growth will continue – but the graph exagerates the extent as there is a seasonal component in NZ & UK at financial year end…(March)

I think Xero's Loss for the year will be near $7 million NZD as revenues will be small due to the fact that they started the year will only 950 customers – Xero's cash position is ready to handle this loss(investment) due to the public listing.

The next year will be very interesting in this space…

]]> By: On Hockey Sticks and Sporting Teams | CloudAve http://www.accmanpro.com/2009/03/31/the-xero-hockey-stick/comment-page-1/#comment-6093 On Hockey Sticks and Sporting Teams | CloudAve Tue, 31 Mar 2009 03:37:52 +0000 http://www.accmanpro.com/?p=4476#comment-6093 [...] today announced it’s interim 31 March year end results (and as an aside, the fact that they can announce on the [...] [...] today announced it’s interim 31 March year end results (and as an aside, the fact that they can announce on the [...]

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