Financials Xero Limited

Equities

Delayed Australian S.E. Other stock markets 11:39:27 2024-12-02 pm EST			5-day change	1st Jan Change
177.28 ^AUD	+1.56%		+1.67%	+57.66%

Nov. 15	Xero Poised for More Upside After 'Strong' Fiscal H1 Results, Jarden Research Says	MT
Nov. 15	Jarden Research Adjusts Xero's Price Target to AU$177 from AU$151, Keeps at Overweight	MT

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	718.2	848.8	1,097	1,400	1,714	2,103	2,498	2,936
Change	-	18.18%	29.22%	27.63%	22.42%	22.69%	18.83%	17.5%
EBITDA ¹	139.2	191.2	212.7	301.7	526.5	647.2	822.1	1,046
Change	-	37.41%	11.21%	41.86%	74.53%	22.92%	27.02%	27.25%
EBIT ¹	34.11	61.69	66.67	-59.8	239.6	367.3	496.4	679
Change	-	80.85%	8.08%	-	-	53.33%	35.14%	36.8%
Interest Paid ¹	-22.84	-105.6	-39.61	-15.88	-22.35	-9.75	-19.7	-9.45
Earnings before Tax (EBT) ¹	9.837	-43.94	2.363	-75.68	261.9	368.2	532.2	686.5
Change	-	-	-	-	-	40.57%	44.54%	29.01%
Net income ¹	3.336	19.77	-9.114	-113.5	174.6	249.9	373	514.8
Change	-	492.75%	-	1,145.69%	-	43.09%	49.27%	38.02%
Announcement Date	5/13/20	5/12/21	5/11/22	5/17/23	5/22/24	-	-	-

¹NZD in Million

Estimates

Fiscal Period: March	2021 S1	2021 S2	2022 S1	2022 S2	2023 S1	2023 S2	2024 S1	2024 S2	2025 S1	2025 S2
Net sales ¹	409.8	438.9	505.7	591.1	658.5	741.4	799.5	914.2	995.9	1,101
Change	-	7.1%	15.21%	16.89%	11.4%	12.58%	7.85%	14.34%	8.93%	10.56%
EBITDA ¹	120.8	70.46	98.08	114.6	108.6	-	206.1	322	312	339
Change	-	-41.65%	39.19%	16.82%	-5.26%	-100%	-	56.25%	-3.11%	8.65%
EBIT ¹	59.69	1.998	19.82	46.85	32.91	-92.71	77.82	160.1	176.4	175.5
Change	-	-96.65%	892.04%	136.36%	-29.75%	-	-	105.75%	10.17%	-0.48%
Charge d'intérêts	-15.19	-	-20.36	-	-	-	7.412	-	-	-
Earnings before Tax (EBT)	44.5	-88.44	-3.437	-	-	-	-	175	154.7	-
Change	-	-	-96.11%	-100%	-	-	-	-	-11.62%	-100%
Net income	34.49	-14.71	-5.922	-3.192	-	-	54.08	120.6	95.09	-
Change	-	-	-59.75%	-46.1%	-100%	-	-	122.91%	-21.12%	-100%
Announcement Date	11/11/20	5/12/21	11/10/21	5/11/22	11/9/22	5/17/23	11/8/23	5/22/24	11/13/24	-

¹NZD in Million

Estimates

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	-111	-257	-51.2	-97.4	-422	-877	-1,312	-1,852
Change	-	-331.53%	-119.92%	-290.23%	-533.26%	-307.78%	-249.6%	-241.16%
Announcement Date	5/13/20	5/12/21	5/11/22	5/17/23	5/22/24	-	-	-

¹NZD in Million

Estimates

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	139.5	150.4	221.7	285.8	233.6	302.9	355.4	398.6
Change	-	7.77%	47.43%	28.93%	-18.28%	29.69%	17.32%	12.17%
Free Cash Flow (FCF) ¹	27.1	68.27	2.073	102.3	343.2	434.2	502.6	632.2
Change	-	151.92%	-96.96%	4,834.88%	235.51%	26.52%	15.73%	25.8%
Announcement Date	5/13/20	5/12/21	5/11/22	5/17/23	5/22/24	-	-	-

¹NZD in Million

Estimates

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	19.38%	22.53%	19.39%	21.55%	30.72%	30.78%	32.91%	35.63%
EBIT Margin (%)	4.75%	7.27%	6.08%	-4.27%	13.98%	17.47%	19.87%	23.13%
EBT Margin (%)	1.37%	-5.18%	0.22%	-5.41%	15.28%	17.51%	21.3%	23.39%
Net margin (%)	0.46%	2.33%	-0.83%	-8.11%	10.19%	11.88%	14.93%	17.54%
FCF margin (%)	3.77%	8.04%	0.19%	7.31%	20.03%	20.65%	20.11%	21.54%
FCF / Net Income (%)	812.35%	345.25%	-22.75%	-90.11%	196.54%	173.78%	134.73%	122.8%
Profitability
ROA	0.45%	1.24%	0.71%	-4.7%	6.42%	7.53%	8.65%	10.68%
ROE	1.23%	3.39%	1.75%	-10.88%	14.27%	15.36%	16.99%	18.87%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	19.43%	17.72%	20.21%	20.42%	13.63%	14.41%	14.22%	13.58%
CAPEX / EBITDA (%)	100.25%	78.63%	104.25%	94.74%	44.36%	46.8%	43.23%	38.11%
CAPEX / FCF (%)	514.85%	220.26%	10,694.26%	279.41%	68.05%	69.76%	70.72%	63.05%
Items per share
Cash flow per share ¹	1.105	1.582	1.603	2.282	3.99	4.509	5.02	6.113
Change	-	43.18%	1.33%	42.32%	74.88%	13.01%	11.34%	21.76%
Dividend per Share ¹	-	-	-	-	-	-	0.1848	0.2946
Change	-	-	-	-	-	-	-	59.43%
Book Value Per Share ¹	2.985	5.08	6.917	6.978	9.108	12.7	15.84	20
Change	-	70.21%	36.14%	0.89%	30.53%	39.42%	24.77%	26.26%
EPS ¹	0.02	0.14	-0.06	-0.76	1.14	1.614	2.407	3.335
Change	-	600%	-142.86%	1,166.67%	-250%	41.58%	49.12%	38.58%
Nbr of stocks (in thousands)	141,375	146,413	148,934	150,173	151,707	152,780	152,780	152,780
Announcement Date	5/13/20	5/12/21	5/11/22	5/17/23	5/22/24	-	-	-