Yahoo Finance Xero Full Year 2024 Earnings: EPS: NZ$1.15 (vs NZ$0.76 loss in FY 2023)
Xero (ASX:XRO) Full Year 2024 Results
Key Financial Results
Revenue: NZ$1.71b (up 22% from FY 2023).
Net income: NZ$174.6m (up from NZ$113.5m loss in FY 2023).
Profit margin: 10% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.
EPS: NZ$1.15 (up from NZ$0.76 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Xero Earnings Insights
Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Australia.
Performance of the Australian Software industry.
The company's shares are up 5.7% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Xero's balance sheet.
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