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Company News Summary

Xero Provides an Investor Presentation

13 May 2021  |  08:44:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Investor Presentation - FY21 Annual Results

Xero provided an investor presentation. It will continue to focus on growing its global small business platform and maintain a preference for reinvesting cash generated, subject to investment criteria and market conditions, to drive long-term shareholder value. Total operating expenses as a percentage of operating revenue for FY 2022 are expected to be in a range of 80-85% which is consistent with levels seen in the second half of FY 2021 and the pre-pandemic period.

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