MYOB versus Xero
findthemoat Technology inflection points present incumbents with choices and insurgents with opportunities. In the world of SME accounting today, software is undeniably shifting from the desktop to the cloud. The primary…
Making sense of Xero’s valuation
Xero polarises public equity investors. A company with only $17m of hard tangible assets generating hefty quarter-on-quarter losses does not often appear on the ASX/NZSE with a $2bn valuation. However,…
The science behind MYOB achieving its prospectus forecast
MYOB released its maiden full year results yesterday and I thought I’d do a quick review to see how it differs or aligns with my analysis from 6 months ago:…