Xero subscriber growth slows

Xero subscriber growth slows
Xero chief executive Sukhinder Singh Cassidy announced jobs losses in March. (Image: Xero)
Rebecca Stevenson
Xero has reported a revenue rise of 21% for the six months to Sept 30 of $799.5 million, but subscriber growth has slowed, with the cloud accounting company adding 204,000 new subscribers for the period.For the same period in the 2022 financial year, Xero added 225,000 subscribers. It had 3.95 million subscribers.The Australian securities exchange-listed company reported on Thursday morning a 90% increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) of $206.1m and free cashflow of $106.7m. Its free c...

More Markets

NZ sharemarket up 0.4% despite inflation report
Markets Market Close

NZ sharemarket up 0.4% despite inflation report

The S&P/NZX 50 Index closed at 13,344.96, up 55.75 points or 0.42%.

Graham Skellern 20 Oct 2025
What Infratil likes about Contact Energy
Infrastructure

What Infratil likes about Contact Energy

Infratil is keeping its options open, while TECT diversifies.

Disclosure breaches Class action against ANZ NZ continues
Finance

Disclosure breaches Class action against ANZ NZ continues

It comes as retrospective law tweaks fail to give relief.

Andy Macdonald 20 Oct 2025
Kiwi Capital Limited appoints Susan Peterson as chair
Finance

Kiwi Capital Limited appoints Susan Peterson as chair

New chair of Kiwibank parent company Kiwi Capital Ltd brings breadth of experience.

Staff reporters 20 Oct 2025