Bill.com Holdings, Inc. ($BILL) Earnings (Q4 FY22)

 Bill.com Holdings, Inc. ($BILL) Earnings and Opinion:


Bill.com Holdings is a company in the Technology sector and operates in the Software-Application industry. The company provides cloud-based software that simplifies, digitizes, and automates back-office financial operations for small and midsize businesses worldwide. Bill.com Holdings was founded in 2006 and is currently headquartered in San Jose, California. The company made its debut on the stock market in 2019.

Bill.com Holdings Earnings Results:

  • Revenues of $200M beating expectations of $183M
  • Gross Profit of $169M beating expectations of $151M
  • Operating Income of -$6M beating expectations of -$12M
  • Adjusted EPS of -$0.03 beating expectations of -$0.14
  • Guidance beat for both Q1 of FY23 and full FY23
Opinion:
Bill.com Holdings is currently up over 20% after reporting earnings this afternoon. The company posted a solid earnings report and closing to its 2022 fiscal year. They were able to beat all top line estimates and beat estimates on all margin metrics. The only miss they had out of all the relevant metrics was the revenue derived from Subscriptions, and that only missed expectations by $1M. The CEO came out and said the results were way ahead of their expectations. They hope to carry this momentum into next year and as they are on t he verge of profitability. This was a highly anticipated earnings report as most of the digital finance companies are starting to pick back up after being shot in the foot for the past half year or so. For valuation, the P/S ratio sits at 29.96 which is way above the industry average. The growth is one of the things that stands out, as this company launches new technology in digital finance, they expect major growth. The current ratio is above 1, which is a good sign and cash outweighs debt which is even better. I really like this company, but it may come at a price. It is clearly overvalued, but the upside could be endless if everything works out. This definitely has a lot of risk tied in with it, but could have a lot of reward at the end of the day. This earnings report looks promising for the company and the future, especially when it shocks the CEO on how well they performed. I will keep a close eye on this one as it could be a potential add to many portfolios.


*Information from Yahoo Finance, CMLVIZ, Consensus Gurus, CSI Market

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