Xero chief executive Rod Drury insists the company has heeded the concerns of investors and put itself on a "pathway to profitability", despite its loss jumping almost 19 per cent in the past year.
The online accounting software company is still chasing its maiden profit a decade after it listed, but has again posted big annual gains in subscriber numbers and revenue.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
Shaun Drummond writes on financial services from our Sydney newsroom. Connect with Shaun on Twitter.
