Added to YB: 2026-08-31
Pitch date: 2026-08-27
XRO.AX [neutral]
Xero Limited
+2.49%
current return
Author Info
No bio for this author
Company Info
Xero Limited, together with its subsidiaries, provides online business solutions for small businesses and their advisors in Australia, New Zealand, the United Kingdom, the United States, and internationally.
Market Cap
AUD 17.3B
Pitch Price
AUD 83.56
Price Target
N/A
Dividend
N/A
EV/EBITDA
42.02
P/E
-536.30
EV/Sales
6.35
Sector
Software
Category
N/A
Xero’s rem report: who cares?
XRO.AX (update): Xero’s 70% shareholder vote against its remuneration report is unlikely to change management or pay because it is non-binding and institutions retain large holdings without pursuing activism. The criticism centers on weak stock performance, the CEO having sold all her shares, deteriorating morale and culture reported by staff, and limited US traction: 373,000 customers despite plans for another $50m of brand spending.
Read full article (3 min)