Xero Ltd FY27 Interim Report
Key points
- Revenue grew 46% to $1.7 billion
- Adjusted EBITDA increased 3% to $362 million
- Customer base expanded with over 5 million customers
- Xero announced a $1 billion on-market buy-back program
- Xero continues to innovate with AI and multi-product platform
Full summary
Xero Ltd's FY27 Interim Report highlights a robust financial performance with revenue growing 46% to $1.7 billion and adjusted EBITDA increasing 3% to $362 million. The company's customer base expanded with over 5 million customers, and Xero announced a $1 billion on-market buy-back program. Xero continues to innovate with AI and multi-product platform, expanding its value proposition with offerings in AI, payments, and analytics. The company's infrastructure, data, scale, and trust advantages position it well for continued growth and value creation for small businesses and their advisors.
Guidance
Adjusted EBITDA breakeven on a run-rate basis in H2 FY28
Outlook
Xero remains confident in its long-term growth potential, driven by AI innovation, multi-product platform expansion, and strong cash generation profile.
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