![]() ![]() Loss from operations was $316.8 million, compared to a loss from operations of $114.0 million in the prior fiscal year. Non-GAAP gross profit was $542.1 million, representing a 84.4% non-GAAP gross margin, compared to $185.0 million, or a 77.6% non-GAAP gross margin in the prior fiscal year. Gross profit was $497.0 million, representing a 77.4% gross margin, compared to $176.5 million, or a 74.1% gross margin, in the prior fiscal year. Organic transaction fees were $228.0 million, up 107% year-over-year, and excluded Divvy and Invoice2go fees of $211.9 million. Transaction fees were $439.9 million, up 265% year-over-year. Organic subscription fees were $163.7 million, up 47% year-over-year, and excluded Divvy and Invoice2go fees of approximately $29.8 million. Subscription fees were $193.5 million, up 73% year-over-year. Organic core revenue was $391.7 million, up 77% year-over-year, and excluded Divvy and Invoice2go revenue of $241.7 million. Total revenue was $642.0 million, an increase of 169% from the prior fiscal year.Ĭore revenue, which consists of subscription and transaction fees, was $633.4 million, an increase of 173% from the prior fiscal year. ![]() Non-GAAP net loss was $3.3 million, or ($0.03) per share, basic and diluted, compared to non-GAAP net loss of $5.8 million, or ($0.07) per share, basic and diluted, in the fourth quarter of fiscal 2021.įinancial Highlights for Fiscal Year 2022: Net loss was $84.9 million, or ($0.81) per share, basic and diluted, compared to net loss of $41.9 million, or ($0.48) per share, basic and diluted, in the fourth quarter of fiscal 2021. Non-GAAP loss from operations was $3.2 million, compared to a non-GAAP loss from operations of $6.2 million in the fourth quarter of fiscal 2021. Loss from operations was $83.4 million, compared to a loss from operations of $70.7 million in the fourth quarter of fiscal 2021. Non-GAAP gross profit was $168.5 million, representing a 84.2% non-GAAP gross margin, compared to $62.4 million, or a 79.7% non-GAAP gross margin in the fourth quarter of fiscal 2021. Gross profit was $156.8 million, representing a 78.3% gross margin, compared to $58.0 million, or a 74.1% gross margin, in the fourth quarter of fiscal 2021. Organic transaction fees were $68.7 million, up 90% year-over-year, and excluded Divvy and Invoice2go fees of $70.9 million. Transaction fees were $139.6 million, up 201% year-over year. Organic subscription fees were $46.2 million, up 49% year-over-year, and excluded Divvy and Invoice2go fees of approximately $9.0 million. Subscription fees were $55.2 million, up 77% year-over-year. Organic core revenue was $114.9 million, up 71% year-over-year, and excluded Divvy and Invoice2go revenue of $79.9 million. Total revenue was $200.2 million, an increase of 156% from the fourth quarter of fiscal 2021.Ĭore revenue, which consists of subscription and transaction fees, was $194.8 million, an increase of 151% year-over-year. Organic results exclude the impact of Divvy and Invoice2go.įinancial Highlights for the Fourth Quarter of Fiscal 2022: We will continue to invest in our large market opportunity, while maintaining our rigorous operational discipline.”īill.com’s reported financial results for the fourth quarter and fiscal year 2022 include the results of Divvy and Invoice2go. “Looking ahead, we expect to deliver high revenue growth and to transition to being a non-GAAP profitable company in fiscal year 2023. “We delivered strong Q4 financial results, with revenue, non-GAAP gross margin, and non-GAAP net loss per share all well ahead of our expectations,” said John Rettig, CFO. With our platform, ecosystem, and scale, we are well positioned to help millions of businesses transform their financial operations.” We entered new strategic partnerships and began building a global customer base, serving businesses in more than 150 countries. We significantly expanded our platform’s solutions and extended our reach to serve customers ranging from sole proprietors to mid-market companies. “Fiscal 2022 was a transformative year for. “We delivered a strong fourth quarter to conclude fiscal 2022, serving 400,000 businesses and crossing $200 million in quarterly revenue,” said René Lacerte, CEO and Founder. Q4 Organic Transaction Fees Increased 90% Year-Over-Yearīill.com (NYSE: BILL), a leading provider of cloud-based software that simplifies, digitizes, and automates financial operations for small and midsize businesses (SMBs), today announced financial results for the fourth quarter and fiscal year ended June 30, 2022. Q4 Transaction Fees Increased 201% Year-Over-Year Q4 Organic Core Revenue Increased 71% Year-Over-Year Q4 Core Revenue Increased 151% Year-Over-Year ![]()
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