Detail akcie Bill.com Hldg Rg online

Business Summary: BILL Holdings, Inc. provides a financial operations platform for small and midsize businesses (SMBs). The Company offers software-as-a-service, cloud-based payments, and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve back-office efficiency. Its artificial intelligence (AI)-enabled financial software platform creates seamless connections between its customers, their suppliers, and their clients. Businesses on its platform generate and process invoices, streamline approvals, make and receive payments, manage employee expenses, sync with their accounting system, foster collaboration, and manage their cash flow. Its integrated platform also includes BILL Spend and Expense, its spend and expense management product, which provides a solution for businesses.
Financial Summary: BRIEF: For the three months ended 30 September 2024, BILL Holdings Inc revenues increased 18% to $358.5M. Net income totaled $8.9M vs. loss of $27.9M. Revenues reflect Subscription and transaction fees increase of 19% to $314.9M, Interest on funds held for customers increase of 9% to $43.5M. Net Income reflects PREPACKAGED SOFTWARE segment loss decrease of 86% to $7.7M, United States segment loss decrease of 86% to $7.7M.