The number of subscribers reached 308,000. Revenue for this North America rose to about $23 million for the most recently ended period. CEO Steve Vamos said the company will use partnerships and acquisitions for expansion on this continent.
Xero’s revenue was approximately $372.8 million for the half, an increase of 23 percent with subscriber rising the same percentage to 3,013,000 from 2,453,000 subscribers.
In the United Kingdom, subscriptions rose 23 percent into 785,000 from 638, 000. Growth was nearly as fast in Australia where there were 1,239,000 customers at the end of the half, an increase of 22 percent from 1,014,000.