Xero posts first annual EBITDA positive result

Xero today announced its results for FY18, some of the highlights included:

• Achieving first annual EBITDA positive result of $26 million
• Delivering operating revenue growth of 38% to $407 million
• Growing subscribers to 1.4 million, adding 351,000 subscribers in the year to March 31
• Adding $990 million in Lifetime Value to surpass $3.2 billion in total LTV

• Achieving Annualised Monthly Recurring Revenue (AMRR) growth of 33% to $484.4m

Please see Xero FY18 results ASX materials here.

You will find the dial-in details below.

Global conference call details
Date and time: Australia (AEST) 10.30am, Thursday 10 May 2018; New Zealand (NZST) 12.30pm, Thursday 10 May 2018; US West Coast (PDT) 5.30pm, Wednesday 9 May 2018; US East Coast (EDT) 8.30pm, Wednesday 9 May 2018.

Duration: 60 minutes. Please dial-in five minutes prior to the scheduled start time.

Presenters: Steve Vamos, Chief Executive Officer, Sankar Narayan, Chief Operating and Financial Officer and Kirsty Godfrey-Billy, Chief Accounting Officer.

Conference ID (required for dial-in): 9555 829
Participants can dial the toll-free numbers below to join the call. They will need to quote the Conference ID provided above.

There is no pre-registration required for the call. For countries not listed below, the Australian toll number can be dialed +61 2 8038 5221.

New Zealand 0800 452 782
Australia 1800 123 296
Canada 1855 5616 766
China 4001 203 085
Hong Kong 800 908 865
India 1800 3010 6141
Singapore 800 616 2288
United Kingdom 0808 234 0757
United States 1855 293 1544

ends

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