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Sep 30, 2021
BILL Q1 2022 Earnings Report
Bill.com's Q1 2022 financial results were reported, showing significant revenue growth driven by acquisitions and strong organic performance.
Key Takeaways
Bill.com reported strong Q1 fiscal 2022 results, with total revenue increasing by 152% year-over-year to $116.4 million. Core revenue, representing subscription and transaction fees, grew by 164% to $115.6 million. The company completed the acquisition of Invoice2go during the quarter, contributing to the overall revenue increase.
Total revenue increased by 152% year-over-year to $116.4 million.
Core revenue grew by 164% year-over-year to $115.6 million.
Organic core revenue increased by 78% year-over-year.
The acquisition of Invoice2go was completed, expanding the company's reach.
BILL
BILL
BILL Revenue by Segment
Revenue by Segment
Sub. & Trans. Fees Revenue
CapyFin.com Forward Guidance
Bill.com provided guidance for the fiscal second quarter ending December 31, 2021, and the full fiscal year ending June 30, 2022.
Positive Outlook
- Q2 FY22 Total revenue (millions): $130.0 – $131.0
- Q2 FY22 Year-over-year total revenue growth: 141% – 142%
- FY22 Total revenue (millions): $538.0 – $541.0
- FY22 Year-over-year total revenue growth: 126% – 127%
Challenges Ahead
- Q2 FY22 Non-GAAP net loss (millions): ($18.0) – ($17.0)
- Q2 FY22 Non-GAAP net loss per share: ($0.18) – ($0.17)
- FY22 Non-GAAP net loss (millions): ($81.0) – ($78.0)
- FY22 Non-GAAP net loss per share: ($0.80) – ($0.77)