bill.com is the leading business payments company helping over 2m members process $36 billion in payments annually. bill.com saves companies over 50% of the time typically spent on financial back-office operations by automating end-to-end processes. bill.com helps businesses connect and do business by tying together finance and accounting programs, banks, customers, vendors, accounting professionals, and documents. the company is the choice of 3 of the top 10 u.s. banks; leading accounting software providers quickbooks online and xero; and over 50 percent of the top 100 accounting firms. it is the only business payments solution endorsed by the american institute of cpas (aicpa). the recipient of more than 70 awards, bill.com proudly received multiple pc magazine’s editor’s choice awards and ceo rené lacerte was recently recognized as an e&y; entrepreneur of the year.
Company profile
Ticker
BILL
Exchange
Website
CEO
René Lacerte
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
Former names
Bill.com Holdings, Inc.
SEC CIK
Corporate docs
Subsidiaries
Bill.com LLC • Bill.com Australia Holdings Pty Ltd • Bill.com Canada, Inc. • Bill.com Canada, LLC • Bill.com Capital Holdings, LLC • Bill.com Capital 1, LLC • Bill.com Capital 2, LLC • Bill.com Capital 3, LLC • Bill.com Capital 4, LLC • Bill.com International, Inc. ...
IRS number
832261725
BILL stock data
Latest filings (excl ownership)
8-K
BILL Announces Repurchase of 0.0% Convertible Senior Notes Due 2025
7 Mar 24
8-K
Departure of Directors or Certain Officers
4 Mar 24
10-Q
2024 Q2
Quarterly report
9 Feb 24
8-K
BILL Reports Second Quarter Fiscal Year 2024 Financial Results
8 Feb 24
8-K
Submission of Matters to a Vote of Security Holders
8 Dec 23
8-K
Cost Associated with Exit or Disposal Activities
5 Dec 23
10-Q
2024 Q1
Quarterly report
3 Nov 23
8-K
BILL Reports First Quarter Fiscal Year 2024 Financial Results
2 Nov 23
ARS
2023 FY
Annual report to shareholders
26 Oct 23
DEFA14A
Additional proxy soliciting materials
26 Oct 23
Transcripts
BILL
Earnings call transcript
2024 Q2
8 Feb 24
BILL
Earnings call transcript
2024 Q1
2 Nov 23
BILL
Earnings call transcript
2023 Q4
17 Aug 23
BILL
Earnings call transcript
2023 Q3
4 May 23
BILL
Earnings call transcript
2023 Q2
2 Feb 23
BILL
Earnings call transcript
2023 Q1
4 Nov 22
BILL
Earnings call transcript
2022 Q4
18 Aug 22
BILL
Earnings call transcript
2022 Q3
6 May 22
BILL
Earnings call transcript
2022 Q2
4 Feb 22
BILL
Earnings call transcript
2022 Q1
5 Nov 21
Latest ownership filings
4
Germaine Cota
11 Mar 24
4
Rajesh A. Aji
5 Mar 24
4
Germaine Cota
1 Mar 24
4
John R. Rettig
1 Mar 24
4
Rene A. Lacerte
1 Mar 24
4
Rajesh A. Aji
1 Mar 24
4
Loren Padelford
1 Mar 24
144
Notice of proposed sale of securities
1 Mar 24
4
STEPHEN FISHER
21 Feb 24
SC 13G/A
PRICE T ROWE ASSOCIATES INC /MD/
14 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Jun 23 | Jun 22 | Jun 21 | Jun 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.63 bn | 1.63 bn | 1.63 bn | 1.63 bn | 1.63 bn | 1.63 bn |
Cash burn (monthly) | 864.09 mm | 4.56 mm | 18.88 mm | 22.06 mm | (no burn) | (no burn) |
Cash used (since last report) | 5.17 bn | 27.30 mm | 113.01 mm | 132.03 mm | n/a | n/a |
Cash remaining | -3.54 bn | 1.61 bn | 1.52 bn | 1.50 bn | n/a | n/a |
Runway (months of cash) | -4.1 | 351.9 | 80.5 | 68.0 | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 417 |
Opened positions | 68 |
Closed positions | 60 |
Increased positions | 130 |
Reduced positions | 163 |
13F shares | Current |
---|---|
Total value | 11.44 tn |
Total shares | 107.60 mm |
Total puts | 2.39 mm |
Total calls | 3.37 mm |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
T. Rowe Price | 12.76 mm | $1.39 tn |
MS Morgan Stanley | 11.78 mm | $1.28 tn |
Vanguard | 9.72 mm | $1.06 tn |
BLK Blackrock | 5.71 mm | $619.49 bn |
Temasek | 5.63 mm | $610.96 bn |
FMR | 5.34 mm | $580.11 bn |
Newlands Management Operations | 2.62 mm | $284.46 bn |
Voya Investment Management | 2.61 mm | $283.49 bn |
BEN Franklin Resources | 2.60 mm | $282.13 bn |
Lone Pine Capital | 2.55 mm | $276.49 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
7 Mar 24 | Germaine Cota | Common Stock | Sell | Dispose S | No | Yes | 65.34 | 920 | 60.11 k | 5,093 |
1 Mar 24 | Aji Rajesh A. | Common Stock | Sell | Dispose S | No | Yes | 64.1675 | 2,529 | 162.28 k | 8,652 |
28 Feb 24 | Loren Padelford | Common Stock | Payment of exercise | Dispose F | No | No | 63.76 | 2,476 | 157.87 k | 13,324 |
28 Feb 24 | Loren Padelford | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,255 | 0.00 | 15,800 |
28 Feb 24 | Loren Padelford | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,129 | 0.00 | 14,545 |
28 Feb 24 | Loren Padelford | Common Stock | Option exercise | Acquire M | No | No | 0 | 2,843 | 0.00 | 13,416 |
28 Feb 24 | Loren Padelford | Performance Stock Units Common Stock | Option exercise | Dispose M | No | No | 0 | 1,255 | 0.00 | 7,535 |
28 Feb 24 | Loren Padelford | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,129 | 0.00 | 15,802 |
28 Feb 24 | Loren Padelford | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 2,843 | 0.00 | 31,274 |
28 Feb 24 | Aji Rajesh A. | Common Stock | Payment of exercise | Dispose F | No | No | 63.76 | 1,802 | 114.90 k | 11,181 |
News
Where BILL Holdings Stands With Analysts
13 Mar 24
Exane BNP Paribas Upgrades BILL Holdings to Neutral, Announces $72 Price Target
13 Mar 24
Xero Amplifies Accounts Payable Power In US With New BILL Partnership
29 Feb 24
Xero Partners With BILL To Deliver Industry-Leading Bill Pay Capabilities For Small Businesses
28 Feb 24
JP Morgan Maintains Overweight on BILL Holdings, Lowers Price Target to $90
9 Feb 24
Press releases
BILL Announces Repurchase of 0.0% Convertible Senior Notes Due 2025
7 Mar 24
BILL Expands Most Comprehensive Financial Operations Platform for SMBs with Powerful Predictive Cash Flow Tools
5 Mar 24
BILL Survey Finds 85% of SMBs Are Enthusiastic About Using AI in Financial Operations
4 Mar 24
Xero Partners with BILL to Deliver Industry-leading Bill Pay Capabilities for Small Businesses
28 Feb 24
BILL to Participate in Upcoming Investor Conferences
23 Feb 24