Xero Ltd (ASX:XRO)

A$ 128.97 -0.32 (-0.25%) Market Cap: 19.73 Bil Enterprise Value: 19.45 Bil PE Ratio: 123.41 PB Ratio: 15.37 GF Score: 89/100

Half Year 2020 Xero Ltd Earnings Call Transcript

Nov 06, 2019 / 11:30PM GMT

Release Date Price: A$67.5 (-1.36%)

Transcript

Operator

Ladies and gentlemen, welcome to Xero's Half Year Results FY '20 Earnings Call. I must advise you that today's call is being recorded. There will be a presentation followed by a question-and-answer session.

I'll now hand you over to the first speaker today, Steve Vamos, Chief Executive Officer. Thank you. Please go ahead.

Steven M. Vamos

Xero Limited - CEO

Well, hello, and thanks to all of you for joining us for Xero's Financial and Operating Results for Half Year to the 30th of September 2019. I'm Steve Vamos, Xero's CEO; and I'm joined on our call by our CFO, Kirsty Godfrey-Billy. This morning, I'll share our latest performance highlights and the progress we've made against our strategic priorities during the period, and then Kirsty will dive into the financial results in more detail before we move on to the outlook and Q&A. We're really pleased to update you today on Xero's performance in the first half. Our strong progress is evident across a number of areas including lifetime value, subscriber net adds and revenue.

I thought we

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