Xero Limited (XRO) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the Xero Limited Half Year 2025 Results Conference Call. I'm joined by Xero's Chief Executive Officer, Sukhinder Singh-Cassidy, and Chief Financial Officer, Kirsty Godfrey-Billy. All participants are in a listen-only mode. There will be a presentation followed by a question and answer session. If you wish to ask a question, you will need to press the star key followed by the number one on your telephone keypad. Please limit your questions to one question at a time. If you wish to ask a further question, please rejoin the queue. I would now like to hand the call over to Sukhinder Singh-Cassidy, Chief Executive Officer of Xero. Please go ahead. Thank you. Good morning from Sydney, Australia. Thank you for joining our investor briefing today covering Xero's financial and operating results for the half year ending September 30th, 2024. I'm Sukhinder Singh-Cassidy and I'm here with Kirstie, our CFO. Our first agenda item is a summary of Xero's performance during the half year. I'll then pass over to Kirstie to cover our financial results in detail before I finish with strategic priorities in Xero's outlook. After that, we'll move to Q&A. So, moving to a summary of our results on slide five. We're really pleased with this result, and in particular, our ability to deliver strong financial outcomes while executing our strategy with focus and purpose. You'll see that Xero has continued its track record of strong revenue growth with each of our large markets contributing. At the same time, we've delivered a meaningful increase in profitability, and that's led us to once again generate a greater-than-rule-of-40 outcome. I'm going to touch on the key metrics here, and Christy will discuss them in more detail later. Revenue grew 25% to $99...