Bill Holdings (BILL) FY2023 results: revenue $1.1 billion, up 64.9% on the year
Bill Holdings, Inc. (BILL) reported revenue of $1.1 billion for fiscal 2023, the year ended 30 June 2023, up 64.9% on the year before. Net income was -$224 million, and diluted earnings per share $-2.11. The figures are the company's own, from the 10-K it filed with the SEC on 29 August 2023.
Revenue
$1.1 billion
+64.9% on the year
FY2018FY2023
Operating margin
-27.9%
-49.4% a year earlier
FY2018FY2023
Net income
-$224 million
FY2018FY2023
Diluted EPS
-$2.11
FY2018FY2023
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
188
-18.1
4.6
Capital expenditure
7.6
5.4
18.9
+41.1%
Free cash flow
180
-23.5
-14.3
Free cash flow margin
17.0%
-3.7%
-6.0%
Cash from investing
259
-1,127
-1,427
Cash from financing
235
2,879
1,640
-91.8%
Depreciation and amortisation
15.5
11.5
4.9
+34.8%
Share-based compensation
314
197
68.3
+59.0%
Buybacks
87.6
0.0
0.0
Diluted shares, weighted
106m
102m
83m
+4.2%
Shares outstanding at period end
107m
105m
95m
+1.7%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
4,086
4,044
2,530
+1.0%
Debt
1,840
1,773
989
+3.8%
Operating lease liabilities
72.5
82.7
86.6
-12.4%
Other liabilities
3,638
3,357
2,364
+8.4%
Total liabilities and equity
9,636
9,256
5,969
+4.1%
Fixed assets
81.6
57.0
48.9
+43.1%
Goodwill
2,397
2,363
1,772
+1.4%
Intangible assets
361
433
417
-16.4%
Investments
1,043
1,108
655
-5.9%
Cash and equivalents
1,617
1,597
510
+1.3%
Receivables
28.2
24.0
18.2
+17.4%
Other assets
4,108
3,674
2,548
+11.8%
Total assets
9,636
9,256
5,969
+4.1%
10-K for the year ended 30 June 2023, filed 29 August 2023: the filing.