Bill.com reported a strong Q4 2022, with total revenue increasing by 156% year-over-year to $200.2 million. The company served 400,000 businesses and expanded its platform solutions and customer reach.
Total revenue increased 156% year-over-year to $200.2 million.
Core revenue, consisting of subscription and transaction fees, increased 151% year-over-year.
Gross profit was $156.8 million, representing a 78.3% gross margin.
The company served 157,800 Bill.com customers.
Bill.com provided guidance for the fiscal first quarter ending September 30, 2022 and the full fiscal year ending June 30, 2023.
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