Xero's customer resilience will determine near-term future

Xero's customer resilience will determine near-term future
Jenny Ruth
Xero's immediate future is inextricably tied to how well existing and potential customers in its major markets fare through the coronavirus crisis. Xero itself is so uncertain about the outlook in the face of the impact of the crisis that it wouldn't provide actual impact numbers for March or April when it reported its annual results earlier this month. But that hasn't stopped analysts guessing and a couple of broking firms are even forecasting that Xero's subscriber numbers will shrink slightly in the current financial year. This foll...

More Services

Airwork on the block to repay $145m of bank debt
Law & Regulation

Airwork on the block to repay $145m of bank debt

Airwork has an outstanding intercompany loan of $35.83m, owes trade creditors $219,000.

Denise McNabb 11 Sep 2025
Risky Business: understanding NZ’s insurance sector
Services Editor’s note

Risky Business: understanding NZ’s insurance sector

BusinessDesk’s latest special project.

Victoria Young 11 Sep 2025
Assessing Spark's datacentre deal with PEP
Markets Analysis

Assessing Spark's datacentre deal with PEP

Could Spark be paying special dividends before the end of the decade?

Pattrick Smellie 13 Aug 2025
Food Chain report shows $9m owing
Services

Food Chain report shows $9m owing

More than $9.1m is owing in the liquidation of food supplier Food Chain, the first report in the insolvency shows. The company, which has ceased trading, had approximately 60 staff, and is also in receivership. The first liquidators' report of Adam Botterill and Damien Grant...

Staff reporters 11 Jul 2025