Xero Limited · ASX:XRO
Xero — First NZ Capital Emerging Companies Conference 2008
9 slides from Xero's conference presentation, Mar 18, 2008
Slide 1: xero
xero First NZ Capital Emerging Companies Conference March 18 2008
Slide 2: introducing xero: world leader
First NZ Capital Emerging Companies Conference introducing xero world leader Xero is the emerging world leader in online accounting for small business. In June 2007 Xero listed on the NZX after successfully raising $15 million in a fully subscribed IPO. Xero was the first publicly funded pure online
Slide 3: introducing xero: the dream team
First NZ Capital Emerging Companies Conference introducing xero the dream team Board Xero’s board includes Trade Me founder Sam Morgan and Adaytum founder Guy Haddleton. Executive Includes CEO Rod Drury, COO Alastair Grigg – ex-Air New Zealand CIO, and Relationship Manager Hamish Carter – Olympic go
Slide 4: xero's business model
First NZ Capital Emerging Companies Conference xero’s business model Software-as-a-service (saas) Software is hosted and delivered over the internet, rather than the small business having to install expensive boxed software. SaaS enables advanced solutions to be delivered to large fragmented markets
Slide 5: the xero marketplace
First NZ Capital Emerging Companies Conference the xero marketplace • The market is massive and underserved. • Xero technology can reposition quickly. 2007 Revenue Oracle, SAP Enterprise • NetSuite $US100m • MYOB $AU206m Netsuite, Microsoft Complex SMB • Sage £1.16b • Intuit $US2.7b MYOB, Sage, SMB
Slide 6: International strategy
First NZ Capital Emerging Companies Conference INTERNATIONAL STRATEGY Markets Localised Sales, marketing & support Development Xero global Centre (NZ) platform (US) New Zealand Product development PLATFORM Product hosting DELIVERY Back office Back office technology United Kingdom Sales automation Ma
Slide 7: Milestones
First NZ Capital Emerging Companies Conference MILESTONES PROGRESS SO FAR... Built a world-class software factory Launched in New Zealand 100+ accounting partners Only provider with daily direct connections to BNZ, ASB, ANZ, National Bank, Kiwibank, TSB Bank. Launched in UK to rave reviews 500+ cust
Slide 8: external recognition
First NZ Capital Emerging Companies Conference external recognition award winning • Microsoft NZ Partner Awards – Overall Small Business Partner Solution of the Year and Software Solution of the Year • Telecommunications Users Association of New Zealand Innovation Awards – Overall Innovation Award a
Slide 9: latest financials
First NZ Capital Emerging Companies Conference latest financials first half 2008 • Operating costs for suppliers & employees - $NZ2.2m • Net loss - $NZ1,725k reflecting substantial software investment, sales and marketing capability • Cash and bank balances - $NZ12.6m • Operating revenue for subscri
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