Xero Limited (ASX: XRO)

Xero Limited Income Statement

Financials in millions AUD. Fiscal year is April - March.

Year	2023	2022	2021	2020	2019
Revenue	1,589	1,275	1,034	792.58	682.45
Revenue Growth (YoY)	24.55%	23.37%	30.44%	16.14%	32.23%
Cost of Revenue	417.27	352.88	284.13	223.89	194.35
Gross Profit	1,171	922.62	749.72	568.69	488.1
Selling, General & Admin	636.83	549.3	484.83	358.03	353.81
Research & Development	294.68	290.41	231.35	148.97	104.3
Other Operating Expenses	4.49	-5.08	41.99	0	2.49
Operating Expenses	927.01	844.79	716.18	507	458.11
Operating Income	244.32	77.83	33.54	61.69	29.99
Interest Income	61.9	26.53	3.85	4.81	12.76
Interest Expense	34.17	40.1	41.18	103.44	40.44
Other Expense / Income	30.95	133.22	-6.03	4.4	-7.12
Pretax Income	242.78	-68.95	2.23	-41.03	9.35
Income Tax	80.89	34.49	10.82	-59.49	6.18
Net Income	160.21	-103.44	-8.59	18.15	3.25
Net Income Growth	-	-	-	458.14%	-
Shares Outstanding (Basic)	151	150	148	144	141
Shares Outstanding (Diluted)	153	150	148	150	143
Shares Change	1.93%	1.11%	-1.01%	4.72%	2.84%
EPS (Basic)	1.07	-0.69	-0.06	0.13	0.02
EPS (Diluted)	1.06	-0.69	-0.06	-2.49	0.02
Free Cash Flow	318.16	95.32	-4.1	53.39	26.39
Free Cash Flow Per Share	2.08	0.64	-0.03	0.36	0.18
Gross Margin	73.73%	72.33%	72.52%	71.75%	71.52%
Operating Margin	15.38%	6.10%	3.24%	7.78%	4.39%
Profit Margin	10.08%	-8.11%	-0.83%	2.29%	0.48%
Free Cash Flow Margin	20.03%	7.47%	-0.40%	6.74%	3.87%
Effective Tax Rate	33.32%	-	485.70%	-	66.09%
EBITDA	483.35	277.54	194.43	182.65	129.81
EBITDA Margin	30.43%	21.76%	18.81%	23.05%	19.02%
Depreciation & Amortization	239.03	199.71	160.89	120.96	99.83
EBIT	244.32	77.83	33.54	61.69	29.99
EBIT Margin	15.38%	6.10%	3.24%	7.78%	4.39%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.