Xero has released it's mid-year earnings information, the results indicate how the company is performing in terms of accounting partners and small business owners. Xero surpassed $200-million NZD (~$134-million US) in annualized monthly revenue, with more than 600,000 subscribers in 180 countries worldwide.
Xero-North America added 12,000 new subscribers during 'the off season' to close at 47,000 total U.S. subscribers; a 300% improvement over subscribers added for the first half of fiscal year 2015. During this time Xero has delivered hundreds of product updates and more than 40 new features, including payroll services for 15 U.S. States. This has resulted in subscription revenues being up by $37.6-million (72%) to $89.8-million for the six months ending September 30, 2015.