Xero's profit jumps to $34.5 million and revenue increases 21 percent for the six months ended September.
The outspoken critic of exploitative capitalism is on the cusp of being a 0.1 percenter.
Reports of a Serious Fraud Office probe into America's Cup finances provoked a furious reaction from the organisers.
It's been an annus horribilis for Tourism Holdings, but it's picking profits will come back first at its American arm.