The listed online accounting software firm, Xero, is soldiering ahead with its expansion plans after doubling sales to $19 million in the year to March.
But its losses rose 6% to $7.9 million due to spending more to expand its operations.
Customer numbers more than doubled to 78,000, led by new customers here, while the number of new Australian, UK and US clients made solid gains.
Xero chief executive Rod Drury says it's in a period of solid global expansion and that will continue this year.
He says it may hire about 150 new staff this year.