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Income Statement
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BILL Holdings, Inc. (BILL)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsJun-30-23Jun-30-22Jun-30-21Jun-30-20Jun-30-19Jun-30-18
   8-K10-K10-K10-K10-K10-K
Revenues:  
    Subscription and Transaction Fees   633.4232.3136.4  
    Interest on Funds Held for Customers   8.66.021.2  
Total revenues  0.2642.0238.3157.6108.464.9
            Revenue growth   [+]-100.0%169.4%51.2%45.5%67.0% 
Cost of goods sold  0.0145.061.839.129.919.4
Gross profit  0.2497.0176.5118.578.445.5
            Gross margin  100.0%77.4%74.1%75.2%72.4%70.1%
Selling, general and administrative   [+]211.0548.3196.198.559.335.3
Research and development   219.889.553.028.918.0
Other operating expenses   0.30.5-0.70.0 
EBITDA   [+]-39.2-232.0-104.4-30.3-6.6-5.5
            EBITDA margin  -20842.6%-36.1%-43.8%-19.2%-6.1%-8.5%
Depreciation  91.59.24.43.23.22.3
EBITA  -130.6-241.2-108.8-33.5-9.8-7.8
            EBITA margin  -69493.1%-37.6%-45.7%-21.3%-9.0%-12.1%
Amortization of intangibles  80.276.05.7   
EBIT   [+]-210.9-317.1-114.5-33.5-9.8-7.8
            EBIT margin  -112155.3%-49.4%-48.0%-21.3%-9.0%-12.1%
Non-recurring items   -0.3-0.50.70.0 
Interest expense, net   [+] -6.7-3.0-4.1-3.2-1.1
Other income (expense), net  210.9-11.1-0.2-0.70.00.0
Pre-tax income  0.0-330.7-139.3-31.0-7.5-7.2
Income taxes  0.0-4.3-40.60.1-0.20.0
            Tax rate   1.3%29.2% 2.1% 
Net income  0.0-326.4-98.7-31.1-7.3-7.2
            Net margin  0.0%-50.8%-41.4%-19.7%-6.8%-11.1%
   
Basic EPS   [+] ($3.21)($1.19)($0.70)($0.94)($1.01)
Diluted EPS   [+] ($3.21)($1.19)($0.70)($0.94)($1.01)
   
Shares outstanding (basic)   [+] 101.882.844.17.87.2
Shares outstanding (diluted)   [+] 101.882.844.17.87.2
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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