Xero Ltd - Company Profile
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Xero Ltd (Xero) is a developer of cloud-based accounting software for small and medium-sized businesses. Increase in cash reserves, customer base and R&D are the company’s major strengths, even as decline in profitability remains a cause for concern. Partnerships and agreements, global software market, cloud computing market and divestures are likely to provide growth opportunities to the company. However, intense competition, foreign exchange risks and regulatory changes could affect its business operations.
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