Financial News, Analysis and Data, FNArena

FNArena

Financial news, analysis and data for self-managing and self-researching investors with key focus on the Australian Stock Exchange (ASX)

Financial News, Analysis and Data

Online financial media company focused on Australian equities, with a global perspective

Equity Bottom-Up

<ul><li>Despite strong underlying growth in the core accounting business, lower cost guidance and the general approval of analysts, shares in Xero fell after first-half results.</li><li> -Xero&rsquo;s interim reveals strong growth for the core accounting business -Operating expense guidance down, Melio aspirations confirmed -Loss-making Melio to keep Xero's growth below Rule-of-40 level until FY28 -Re-rating likely requires tangible evidence of successful Melio integration and execution</li></ul>

Despite strong underlying growth in the core accounting business, lower cost guidance and the general approval of analysts, shares in Xero fell after first-half results. -Xero&rsquo;s interim reveals strong growth for the core accounting business -Operating expense guidance down, Melio aspirations confirmed -Loss-making Melio to keep Xero's growth below Rule-of-40 level until FY28 -Re-rating likely requires tangible evidence of successful Melio integration and execution

Sceptics Want Xero To Prove Melio's Added Value

Xero Ltd

Sceptics Want Xero To Prove Melio's Added Value