Loading...
•
Jun 30, 2024
BILL Q4 2024 Earnings Report
BILL's Q4 2024 financial results were released, highlighted by a new $300 million share repurchase program.
Key Takeaways
BILL reported strong Q4 2024 financial results, with total revenue of $343.7 million, a 16% year-over-year increase. The company launched an integrated platform, provided SMBs with access to capital, and empowered businesses with additional insights and control of their cash flow.
Total revenue was $343.7 million, an increase of 16% year-over-year.
Core revenue, which consists of subscription and transaction fees, was $301.3 million, an increase of 16% year-over-year.
Float revenue, which consists of interest on funds held for customers, was $42.4 million.
Net income was $7.6 million, or $0.07 and ($0.03) per share, basic and diluted, respectively.
BILL
BILL
BILL Revenue by Segment
Revenue by Segment
Sub. & Trans. Fees Revenue
CapyFin.comFloat Revenue
CapyFin.com Forward Guidance
BILL provided guidance for the fiscal first quarter ending September 30, 2024 and the full fiscal year ending June 30, 2025.
Positive Outlook
- Q1 FY25 Total revenue is expected to be $346 - $351 million.
- Q1 FY25 Core revenue is expected to be $305 - $310 million.
- Q1 FY25 Non-GAAP operating income is expected to be $52 - $57 million.
- Q1 FY25 Non-GAAP net income is expected to be $53 - $57 million.
- Q1 FY25 Non-GAAP net income per diluted share is expected to be $0.48 - $0.51.
Challenges Ahead
- FY25 Total revenue growth is expected to be 10% - 12%.
- FY25 Core revenue growth is expected to be 13% - 16%.
- FY25 Non-GAAP operating income is expected to be $160 - $195 million.
- FY25 Non-GAAP net income is expected to be $154 - $182 million.
- FY25 Non-GAAP net income per diluted share is expected to be $1.36 - $1.61.
Revenue & Expenses
Visualization of income flow from segment revenue to net income