Xeropublic
Xero sells subscription cloud accounting software covering invoicing, bank reconciliation, payroll, payments, and tools for accountants and bookkeepers. It also sells the Melio B2B payments platform, which it acquired for about US$2.5B (NZ$4.8B) in FY26. Its customers are small and medium businesses and their advisors in New Zealand, Australia, the UK, North America, and elsewhere. FY26 (year to March 2026) revenue rose 31% to NZ$2.8B, net profit was NZ$167M, and it had 4.9M customers. More than 2M subscribers were using its AI features. It is listed on the ASX (XRO).
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