Xero maintains ‘rule of 40’ rise with positive half-year result

Accounting software company continues to improve its performance in the popular SaaS business metric.

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Xero has continued to push further into ‘rule of 40’ territory in the first half of FY25 as the ASX-listed accounting software business follows a path to North American expansion set by chief executive Sukhinder Singh Cassidy. Reporting its half-year results today, Xero disclosed a 23%.