![]() These statements include, but are not limited to, statements regarding our expectations of future performance, including guidance for our revenue and net loss for the fiscal first quarter ending Septemand our fiscal year 2022, our expectations for the growth of demand on our platform and the expansion of our customers’ utilization of our services. Forward-looking statements are based on our expectations as of the date of this press release and are subject to a number of risks, uncertainties and assumptions, many of which involve factors or circumstances that are beyond our control. This press release and the accompanying conference call contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are statements other than statements of historical facts, and statements in the future tense. ![]() For more information visit Note on Forward-Looking Statements is headquartered in San Jose, California. accounting firms, and popular accounting software providers. financial institutions, the majority of the top 100 U.S. The company partners with several of the largest U.S. It helps manage cash inflows and outflow. The AI-enabled, financial software platform creates connections between businesses and their suppliers and clients. Customers use the platform to manage end-to-end financial workflows and to process payments. īill.com is a leading provider of cloud-based software that simplifies, digitizes, and automates complex, back-office financial operations for small and midsize businesses. The live webcast and a replay of the webcast will be available at the Investor Relations section of ’s website. ET) today to discuss fiscal fourth quarter and fiscal year 2021 results and our outlook for the fiscal first quarter ending Septemand full fiscal year ending June 30, 2022. In conjunction with this announcement, will host a conference call for investors at 1:30 p.m. Accordingly, a reconciliation is not available without unreasonable effort. Refer to the Forward-Looking Statements safe harbor below for information on the factors that could cause our actual results to differ materially from these forward-looking statements.īill.com has not provided a reconciliation of non-GAAP net loss or non-GAAP net loss per share guidance measures to the most directly comparable GAAP measures because certain items excluded from GAAP cannot be reasonably calculated or predicted at this time. These statements are forward-looking and actual results may differ materially. The financial outlook does not include any potential impact from the proposed acquisition of Invoice2go. Organic results exclude the impact of Divvy during the month of June 2021.įinancial Highlights for the Fourth Quarter of Fiscal 2021, as reported, including Divvy unless otherwise indicated: ’s reported financial results for the fourth quarter and full fiscal year 2021 include the results of Divvy from that date, while prior periods presented do not. (“Divvy”), a leader in spend management for SMBs, on June 1, 2021. With the strength of our organic business and the acquisition of Divvy, we believe we are on a path to extend our leadership position in serving the large SMB market.”īill.com completed the acquisition of DivvyPay, Inc. “We are pursuing a large, global opportunity to help millions of small businesses digitally transform their financial operations. “Our organic core revenue increased 73% year-over-year driven by the strength of our platform and excellent execution against our strategic initiatives,” said John Rettig, CFO. We are building the one-stop shop platform for SMBs to manage all their financial operations and B2B spend.” We expanded our e-payment offerings to make it easy for businesses to get paid faster, extended our reach with new strategic partners, and entered the spend management space with our acquisition of Divvy. “Our strategic initiatives drove strong adoption of our platform and set us up well for future opportunities. “We delivered record growth in fiscal 2021 as we helped SMBs across the country automate their financial operations and make billions of dollars in payments,” said René Lacerte, CEO and Founder. – August 26, 2021 – (NYSE: BILL), a leading provider of cloud-based software that simplifies, digitizes, and automates complex back-office financial operations for small and midsize businesses (SMBs), today announced financial results for the fourth quarter and fiscal year ended June 30, 2021. Q4 Organic Transaction Fees Increased 137% Year-Over-Year ![]()
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