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.
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.
New Zealand-founded Xero is reducing 700 to 800 roles across its organisation in an effort to reshape its structure.
Xero CEO Steve Vamos is stepping down and will be replaced by Sukhinder Singh Cassidy from 1 February 2023.
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.
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.
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.
Cloud accounting service provider Xero is now the accounting platform of choice for accounting group DFK’s 200 independent member firms globally.
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.
Online accounting platform Xero is buying Danish workforce management platform Planday, which claims more than 350,000 employee users across Europe and the UK.
A myriad of technology companies have joined forces to launch a marketplace aimed at improving the digital workforce.
New Zealand software vendor Xero is to buy Australian invoice lending platform Waddle for A$80 million.
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.
User reviews website G2 has named its top 25 Australian and New Zealand software companies, featuring 20 Aussies and five Kiwis.
"I'm not going anywhere," said MYOB chief executive Tim Reed when asked if he was leaving the ASX-listed company by Reseller News.
Small business accounting platform Xero has launched its Salesforce-based Xero Central customer service channel.
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16 November 2023