UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________ FORM 10-Q _____________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number: 001-39149 _____________________ BILL HOLDINGS, INC. (Exact name o ...

Financial Performance - Revenue for fiscal 2023 was $1.1 billion, an increase of 65% from $642.0 million in fiscal 2022[168] - Net losses decreased to $223.7 million in fiscal 2023 from $326.4 million in fiscal 2022[168] - Total payment volume reached $266.0 billion, representing a 17% growth compared to $228.1 billion in fiscal 2022[180] - Transactions processed increased to 85.1 million, a 35% rise from 62.9 million in the prior year[180] - The net dollar-based retention rate was 111% for fiscal 2023, down from 131% in fiscal 2022, attributed to changing spending patterns[139] Customer Growth - The number of businesses using the company's solutions grew to 461,000, a 15% increase from 400,100 in the previous year[180] - The macroeconomic environment has led to lower payment volume growth and net customer additions compared to historical trends[170] Revenue Model - Subscription revenue is primarily based on a fixed monthly or annual rate per user charged to customers, while transaction revenue consists of transaction fees on a fixed or variable rate per type of transaction[140] - The company’s contracts with customers require multiple services, and revenue recognition is impacted by the evaluation of performance obligations[148] Investment and Financing Activities - The annualized interest rate earned on the corporate investment portfolio and funds held for customers increased to 3.51% during fiscal 2023 compared to 0.29% during fiscal 2022[157] - Cash usage for investing activities primarily includes purchases of corporate and customer fund available-for-sale investments and business acquisitions[141] - Cash proceeds from financing activities consist mainly of proceeds from line of credit borrowings and public offerings of common stock[142] - The company issued $1.15 billion in aggregate principal amount of 0% convertible senior notes due on December 1, 2025, which are convertible under certain conditions starting from March 31, 2021[144] Shareholder Actions - A total of 718,498 shares were repurchased during the quarter ended June 30, 2023, with an approximate remaining dollar value of $212,382,647 under the Share Repurchase Program[159] - The company’s share repurchase program has a term of 12 months and allows for repurchases through various methods, depending on market conditions[158] Risk Management - The company plans to diversify banking relationships to mitigate risks associated with banking sector instability[172] - The company has established an allowance for credit losses based on estimates of uncollectible balances, which may fluctuate depending on various factors[150] Partnerships - The company has partnerships with over 85 of the top 100 accounting firms and seven of the top ten largest financial institutions in the U.S.[167] Customer Acquisition - The average payback period for BILL standalone customers acquired during fiscal 2022 was approximately five quarters[178]

BILL Holdings, Inc. (NYSE:BILL) Q4 2023 Earnings Conference Call August 17, 2023 4:30 PM ET Company Participants Karen Sansot - Vice President, Investor Relations Rene Lacerte - Chairman, Chief Executive Officer and Founder John Rettig - Executive Vice President and Chief Financial Officer Conference Call Participants Scott Berg - Needham & Company Bryan Keane - Deutsche Bank William Nance - Goldman Sachs Brent Bracelin - Piper Sandler Kenneth Suchoski - Autonomous Robert Napoli - William Blair Bradley Sill ...

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BILL Holdings, Inc. (NYSE:BILL) Q3 2023 Earnings Conference Call May 4, 2023 4:30 PM ET Company Participants Karen Sansot - Vice President-Investor Relations Rene Lacerte - Chairman, Chief Executive Officer & Founder John Rettig - Executive Vice President & Chief Financial Officer Conference Call Participants Andrew Schmidt - Citigroup Josh Beck - KeyBanc Darrin Peller - Wolfe Research Brent Bracelin - Piper Sandler Kenneth Suchoski - Autonomous Taylor McGinnis - UBS William Nance - Goldman Sachs Jonathan ...

Investor Deck May 2023 In addition to financial measures prepared in accordance with U.S. generally accepted accounting principles (GAAP), this presentation contains non-GAAP financial measures, including non-GAAP gross margin, non-GAAP operating expenses, non-GAAP income (loss) from operations, and non-GAAP net income (loss). The non-GAAP financial information is presented for supplemental informational purposes only and is not intended to be considered in isolation or as a substitute for, or superior to, ...

Investor Deck February 2023 Safe harbor Our mission: Make it simple to connect and do business. 3 ● Automate financial operations ● Make and receive payments | --- | --- | --- | |-------------------|---------------------------------|----------------------| | | Spend Management | | | Accounts Payable | Financial Operations Platform | Accounts Receivable | | | | | | | Payments | | BILL at a glance 400K+ Businesses using our solutions¹ (Suppliers & Clients) bill BILL (NYSE: BILL) This presentation contains for ...

Bill.com Holdings, Inc. (NYSE:BILL) Q2 2023 Earnings Conference Call February 2, 2023 4:30 PM ET Company Participants Karen Sansot – Vice President-Investor Relations Rene Lacerte – Chairman, Chief Executive Officer and Founder John Rettig – Executive Vice President and Chief Financial Officer Conference Call Participants Brent Bracelin – Piper Sandler Josh Beck – KeyCorp Matt VanVliet – BTIG Darrin Peller – Wolfe Research Andrew Schmidt – Citigroup Jonathan Lee – Morgan Stanley Kenneth Suchoski – Autonomo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________ _____________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR For the transition period from ________ to ________ BILL.COM HOLDINGS, INC. (Exact name of registrant as specified in its charter) _____________________ | --- | --- | --- | |---------------------------------------------------------------------------------------------------------------------- ...

Bill.com Holdings, Inc. (NYSE:BILL) Q1 2023 Earnings Conference Call November 3, 2022 4:30 PM ET Company Participants Karen Sansot - Executive, IR Rene Lacerte - Founder, CEO & Chairperson John Rettig - EVP, Finance & Operations and CFO Conference Call Participants William Nance - Goldman Sachs Robert Napoli - William Blair & Company Samad Samana - Jefferies Bradley Sills - Bank of America Merrill Lynch Ken Wong - Oppenheimer Tien-Tsin Huang - JPMorgan Chase & Co. Kenneth Suchoski - Autonomous Research Andr ...