Xero Limited

OWNA Corp, the makers of emerging workforce management platform WORKR & established childcare management software OWNA, is thrilled to announce the acquisition of Saasu - the cloud accounting platform designed for small businesses, online businesses & startups.

FINANCE VIDEO: Xero Limited (ASX/NZE:XRO) CEO Rod Drury Provides an Overview of the Company Growth. The financial year end to March 2015 was a fantastic year for Xero. It was really all about building the team to scale.

All information in this presentation is current at the date of this presentation, unless otherwise stated. Financial results are unaudited. Audited financial results are due for release in May 2015. All currency amounts are in NZ dollars unless otherwise stated.

Xero Limited (NZE:XRO) (ASX:XRO) (OTCMKTS:XROLF) continued to deliver exceptional growth for the year ended 31 March 2015, recording operating revenue of $123.9m, up 77% from $70.lm in FY14.

Xero Limited (NZE:XRO) (ASX:XRO) (OTCMKTS:XROLF) announced that Douglas Jeffries, who recently joined Xero's global leadership team as Chief Financial Officer, will step down to pursue opportunities headquartered in the San Francisco Bay area.

Xero Limited (NZE/ASX:XRO) (OTCMKTS:XROLF) today announced 200,000 paying customers on its platform in Australia. The latest customer milestone comes just five years after Xero first set up in the market to service small businesses in Australia.

Xero Limited (ASX:XRO) (NZE:XRO) is pleased to announce that the investment in Xero Limited by Accel Partners and Matrix Capital Management, as announced to the market on 25 February 2015, was completed today, resulting in the issue of 6,643,636 Ordinary Shares in Xero Limited

Xero Limited (ASX:XRO) (NZE:XRO) today announces that Accel Partners has agreed to invest NZ$132.9 million at NZ$20 per share through a number of funds under its management. Current shareholder Matrix Capital Management, Xero's largest institutional investor, has agreed to invest an additional NZ$14.3m

Xero Limited (ASX:XRO) (NZE:XRO), today announced Douglas Jeffries as its Executive Vice President and Chief Financial Officer (CFO). Ross Jenkins, Xero's current CFO, will assume a new role as Xero's Chief Operating Officer responsible for all field operations.

2014 has been our biggest year yet, and we are delighted to have grown the business to over $US100m Annualised Committed Monthly Revenue while growing at over 80%. The real story of this year has been the onboarding of world-class capability. We've now grown the team to over 1,000, who are coming on stream to accelerate innovation in 2015.