Xero Limited (OTCPK:XROLF) Q2 2025 Earnings Conference Call November 13, 2024 6:30 PM ET

Company Participants

Sukhinder Singh Cassidy – Chief Executive Officer
Kirsty Godfrey-Billy – Chief Financial Officer

Conference Call Participants

Bob Chen – JPMorgan Chase & Co.
Garry Sherriff – RBC Capital Markets, LLC
Eric Choi – Barrenjoey
Thomas Beadle – Jarden
Lucy Huang – UBS
Kane Hannan – Goldman Sachs Group Inc.
Andrew Gillies – Macquarie
Paul Mason – E&P
Nick Basile – CLSA
Rohan Sundram – MST Financial
Roger Samuel – Jefferies LLC
Ross Barrows – Wilsons Advisory
Siraj Ahmed – Citigroup Inc.

Operator

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. [Operator Instructions]

I’d now like to hand the call over to Sukhinder Singh Cassidy, Chief Executive Officer of Xero. Please go ahead.

Sukhinder Singh Cassidy

Thank you. Good morning to Sydney, Australia. Thank you for joining our investor briefing today covering Xero’s financial and operating results for the half year ending September 30, 2024. I’m Sukhinder Singh Cassidy, and I’m here with Kirsty, our CFO.

Our first agenda item is a summary of Xero’s performance during the half year. I’ll then pass over to Kirsty 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 5. 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