BILL Q4 2020 Earnings Report
Key Takeaways
Bill.com announced financial results for Q4 and fiscal year ended June 30, 2020. Total revenue was $42.1 million, up 33% year-over-year. Subscription and transaction revenue increased by 54% to $38.8 million. The company served over 98,000 customers, representing a 28% year-over-year growth.
Total revenue increased by 33% year-over-year, reaching $42.1 million.
Subscription and transaction revenue grew by 54% year-over-year, totaling $38.8 million.
GAAP gross profit was $32.0 million, with a gross margin of 76.0%.
The company served over 98,000 customers, representing a 28% year-over-year growth.
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BILL Revenue by Segment
Forward Guidance
Bill.com will host a conference call to discuss the fourth quarter and fiscal year 2020 results, as well as the outlook for the first quarter of fiscal 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income