Xero net loss tanks to $113.5M
New Zealand-founded Xero has gone further into the red after reporting a net profit loss tanking to NZ$113.5 million for its financial year ending 31 March 2023.
"xero" news, interviews, and features
News about xero
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Xero sheds up to 800 staff, exits Waddle business
New Zealand-founded Xero is reducing 700 to 800 roles across its organisation in an effort to reshape its structure.
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Vamos to vamoose as Xero appoints new CEO
Xero CEO Steve Vamos is stepping down and will be replaced by Sukhinder Singh Cassidy from 1 February 2023.
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Cloud Fixers brings Allan Hall Business Advisors into Azure modernisation journey
Technology advisory firm Cloud Fixers has helped mid-sized chartered accounting firm Allan Hall Business Advisors adopt a SaaS model, removing on-premises servers during its 18-month technology modernisation program.
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Xero partners reap innovation opportunities out of COVID-19 crisis
Two thirds of Xero’s app partners used the COVID-19 pandemic as an opportunity to innovate in their markets, according to a company ecosystem survey.
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Xero eases ISVs’ path to market with new app store overhaul
ISVs that make and sell solutions for Xero customers are set to have an easier time beating a path to market thanks to a new app store launch.
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ASX-listed Xero wins 200-practice strong DFK Group as global partner
Cloud accounting service provider Xero is now the accounting platform of choice for accounting group DFK’s 200 independent member firms globally.
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Tech training marketplace Skill Finder gets $2.7M govt grant
The Department of Industry, Science, Energy and Resources has awarded digital agency Balance Internet a $2.7 million grant to upgrade its technology training platform Skill Finder.
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Xero bolsters European foothold with NZ$305 million Planday buyout
Online accounting platform Xero is buying Danish workforce management platform Planday, which claims more than 350,000 employee users across Europe and the UK.
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Aussie and global tech companies launch Skill Finder marketplace
A myriad of technology companies have joined forces to launch a marketplace aimed at improving the digital workforce.
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Kiwi vendor Xero to acquire Sydney partner Waddle
New Zealand software vendor Xero is to buy Australian invoice lending platform Waddle for A$80 million.
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Xero in the black for the first time
Xero has achieved its first full year net profit after tax in the financial year ending March, booking $3.3 million, an improvement of $30.5 million compared to a $27.1 million loss in FY19.
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Reviews site names A/NZ's top 25 software houses
User reviews website G2 has named its top 25 Australian and New Zealand software companies, featuring 20 Aussies and five Kiwis.
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Private equity clock ticks for MYOB - and its CEO
"I'm not going anywhere," said MYOB chief executive Tim Reed when asked if he was leaving the ASX-listed company by Reseller News.
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Xero rolls out Salesforce-based service channel
Small business accounting platform Xero has launched its Salesforce-based Xero Central customer service channel.
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