Xero Limited

Xero Limited (NZE:XRO) (ASX:XRO) (OTCMKTS:XROLF) CEO's Presentation at the Annual General Meeting. The company CEO Rod Drury stated that, "While it's early in the fiscal year we are forecasting subscription revenue growth of approximately 80% for the 2015 financial year. This is on a constant dollar basis."

Xero Limited (ASX:XRO) provides the Annual General meeting presentation. Included is the Chairman's address along with the AGM Presentation.

Xero Limited (ASX:XRO) (NZE:XRO) (OTCMKTS:XROLF) will be holding its 2014 Annual Meeting on Wednesday 23 July 2014.In the Notice of Meeting sent to Xero's shareholders Xero noted that it had applied for, and had received, from the Australian Securities Exchange (ASX) a waiver of certain ASX Listing Rules in relation to proposed resolutions 9 and 10 set out in the Notice of Meeting.

Chris Liddle Chairman of Xero Limited (ASX:XRO) (NZE:XRO) (OTCMKTS:XROLF) is pleased to invite shareholders to the 2014 Annual Meeting of Xero Limited (Xero), to be held on Wednesday 23 July 2014, at 4.00pm (New Zealand time), at Shed 6, Queens Wharf, Jervois Quay, Wellington, New Zealand (the Meeting).

In May 2014, Xero Limited (ASX:XRO) (NZE:XRO) hits monthly recurring subscription revenues of NZ$8.6m, passing NZ$100m in annualised subscription revenue for the first time. Full year operating revenue to March 2014 was NZ$70.1m.

Xero Limited (NZE:XRO) (ASX:XRO) is hosting an investor briefing on the 23rd of May 2014. This presentation will cover the financial performance and business model of the company. Furthermore, its focus on USA will also be updated. Below are some of the highlights from the presentation.

Xero Limited's (ASX:XRO) (NZE:XRO) focus during the 2014 financial year was building its team for future growth. 376 new Xeros joined the Company, resulting in 758 staff globally by year end. During this period of rapid growth, the Company grew to 284,000 customers and generated operating revenue of $70.1m.

Xero Limited (ASX:XRO) (NZE:XRO) has again significantly grown revenue and customer numbers in its 2014 financial year and is now the leading accounting software provider in New Zealand and the leading online accounting software in Australia and the United Kingdom.

To assist analysts in recalibrating their models, Xero Limited (ASX:XRO) (NZE:XRO) has today released a restated comparative income statement for the 2013 financial year. This is issued in advance of the release of Xero's Annual Report for the 2014 financial year on Thursday, 22 May 2014.

Xero Limited (NZE:XRO) (ASX:XRO) announces operating revenue of NZ$70.1m for the year ended 31 March 2014, up 83% up from last year's NZ$38.4m result.