Bill.com

OverviewSuggest Edit

Bill.com is a provider of cloud-based software that simplifies, digitizes, and automates back-office financial processes for small and mid-sized businesses. The company offers its services to businesses, accounting firms, and banks.

TypePublic
Founded2006
HQPalo Alto, USMap
Websitebill.com
Employee Ratings3.8More
Culture scoreB-More
View Jobs (16)

Recent NewsAll News

Latest Updates

Employees (est.) (Sept 2019)544
Job Openings16
Revenue (FY, 2019)$108.4 M(+68%)
Share Price (May 2020)$66.6 (-5%)

Key People/Management at Bill.com

Rene Lacerte

Rene Lacerte

CEO and Founder
Steven Cakebread

Steven Cakebread

Director
John Rettig

John Rettig

Chief Financial Officer
David Chao

David Chao

Director
Andy Cohen

Andy Cohen

SVP of Sales
Raj Aji

Raj Aji

General Counsel, Chief Compliance Officer and Secretary
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Bill.com Office Locations

Bill.com has an office in Palo Alto
Palo Alto, US (HQ)
1810 Embarcadero Rd
Show all (1)

Bill.com Financials and Metrics

Bill.com Revenue

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View revenue for all periods
Bill.com's revenue was reported to be $108.35 m in FY, 2019 which is a 67% increase from the previous period.
USD

Revenue (Q3, 2020)

41.2m

Gross profit (Q3, 2020)

31.1m

Gross profit margin (Q3, 2020), %

75.5%

Net income (Q3, 2020)

(8.3m)

EBIT (Q3, 2020)

(9.7m)

Market capitalization (22-May-2020)

4.8b

Closing stock price (22-May-2020)

66.6

Cash (31-Mar-2020)

228.6m

EV

4.6b
Bill.com's current market capitalization is $4.8 b.
Annual
USDFY, 2018FY, 2019

Revenue

64.9m108.4m

Revenue growth, %

67%

Cost of goods sold

19.4m29.9m

Gross profit

45.5m78.4m
Quarterly
USDQ1, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

22.4m35.2m39.1m41.2m

Cost of goods sold

6.3m9.1m9.8m10.1m

Gross profit

16.1m26.0m29.3m31.1m

Gross profit Margin, %

72%74%75%75%
show all
Annual
USDFY, 2018FY, 2019

Cash

22.4m90.3m

Accounts Receivable

2.3m4.4m

Prepaid Expenses

6.1m12.3m

Current Assets

1.0b1.5b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020

Cash

86.2m314.9m228.6m

Accounts Receivable

3.7m4.8m3.4m

Prepaid Expenses

13.9m15.8m25.1m

Current Assets

1.6b1.9b1.8b
show all
Annual
USDFY, 2018FY, 2019

Net Income

(7.2m)(7.3m)

Depreciation and Amortization

2.3m3.2m

Accounts Payable

(563.0k)3.2m

Cash From Operating Activities

(8.4m)(3.9m)
Quarterly
USDQ1, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(884.0k)(5.7m)(13.3m)(21.6m)

Depreciation and Amortization

765.0k985.0k2.1m

Accounts Payable

1.0m508.0k1.1m(1.5m)

Cash From Operating Activities

(2.3m)(2.4m)(4.1m)(3.3m)
show all
USDY, 2020

EV/EBIT

-474 x

EV/CFO

-1.4 k x

Financial Leverage

4.6 x
Show all financial metrics

Bill.com Operating Metrics

Bill.com's Customers was reported to be 81.4 k in Q1, 2020.
FY, 2018Q1, 2019FY, 2019Q1, 2020Dec, 2019

Customers

63.65 k67.51 k76.79 k81.37 k

Messages Sent per Day

8 k

Products

3

Total Payment Volume

$49.59 b$15.51 b$71.28 b$21.98 b
Show all operating metrics

Bill.com Revenue Breakdown

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Bill.com revenue breakdown by business segment: 79.3% from Subscription and Transaction Fees and 20.7% from Interest on Funds Held for Customers

Bill.com Online and Social Media Presence

Bill.com's Trends

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Bill.com Company Culture

  • Overall Culture

    B-

    74/100

  • CEO Rating

    B+

    78/100

  • Compensation

    C+

    71/100

  • Diversity

    D+

    61/100

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Bill.com News and Updates

February 26, 2020

Bill.com Stock Maintains Big Gain From December IPO Price Despite Market Pullback

Bill.com provides cloud-based software that automates back-office financial operations for SMBs. The company went public in December 2019 at $22 a share, with an opening trade of $37.25.
December 16, 2019

Jim Cramer names the price to buy newly-public fintech Bill.com 'very aggressively'

Bill.com counts Bank of America, JPMorgan Chase and American Express among its partners.
December 16, 2019

4 Reasons To Avoid Bill.com Stock

Bill.com trades at a lofty 23.2 times sales and its growth is slowing down. Don't rush into this newly public company.
December 13, 2019

Shares in cloud business payments firm Bill.com surge 61% on NYSE debut

Shares in cloud business payments firm Bill.com Holding Inc. surged on their debut at the New York Stock Exchange Thursday closing their first day of trading up 61.36%. The company, a 13-year-old Palo Alto, Calif.-based fintech provider came into its initial public offering pricing its shares as $2…
December 12, 2019

Why Bill.com didn’t pursue a direct listing

Bill.com went public today after pricing its shares higher than it initially expected. The B2B payments company sold nearly 10 million shares at $22 apiece, raising around $216 million in its IPO. Public investors felt that the company’s price was a deal, sending the value of its equity to $35.51 pe…
December 12, 2019

Bill.com stock surges 60% after IPO in a sign that the software market is still hot

In a mixed year for initial public offerings, software names have been a bright spot, and Bill.com Holdings Inc. kept the streak alive Thursday.
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Bill.com Blogs

March 24, 2020

Cassidy Jakovickas

Author First Name:  Cassidy Author Last Name:  Jakovickas Author Title and Company:  President and CPA, MBS Accountancy Corporation Bio:  Cassidy Jakovickas, CPA, is president at MBS Accountancy Corporation, a forward-thinking CPA firm in Fresno, California. They provide accounting, tax, and con…
March 17, 2020

AP and AR Automation - Risk-free Trial

February 26, 2020

SaaStr Annual | San Jose, CA

Join us at SaaStr in San Jose on March 10. Learn practical tips from a senior engineering and product leadership duo on launching new products at scale. Join Bora Chung, SVP of Product and Vinay Pai, SVP of Engineering for this session. Date:  Tuesday, March 10, 2020 Display Date:  March 10, 2020…
February 26, 2020

Launching at Scale: Being on Fire, or Being in Flames?

Join us at SaaStr in San Jose on March 10. Learn practical tips from a senior engineering and product leadership duo on launching new products at scale. Join Bora Chung, SVP of Product and Vinay Pai, SVP of Engineering for this session. Date:  Tuesday, March 10, 2020 Display Date:  March 10, 2020…
February 26, 2020

Bill.com Product Tour and Q&A

In this Product Tour, you will see a demo of Bill.com in action with Sage Intacct, learning how to take control over AP while simplifying workflows and documentation, enforcing separation of duties, and gaining visibility into all things AP. Date:  Sunday, March 1, 2020 Display Date:  Recurring …
February 25, 2020

LP - Accountants

hero-h1:  Every Client Account at Your Fingertips hero-p:  Automate bookkeeping and cut down AP time by 50%. Get paid 2x faster and spend more time growing your accounting practice. Start your risk-free trial now. Section 3 Head:  Automate and standardize financial processes with Bill.com Sectio…
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 Bill.com Frequently Asked Questions

  • When was Bill.com founded?

    Bill.com was founded in 2006.

  • Who are Bill.com key executives?

    Bill.com's key executives are Rene Lacerte, Steven Cakebread and John Rettig.

  • How many employees does Bill.com have?

    Bill.com has 544 employees.

  • What is Bill.com revenue?

    Latest Bill.com annual revenue is $108.4 m.

  • What is Bill.com revenue per employee?

    Latest Bill.com revenue per employee is $199.2 k.

  • Who are Bill.com competitors?

    Competitors of Bill.com include AvidXchange, Tipalti and Abacus.

  • Where is Bill.com headquarters?

    Bill.com headquarters is located at 1810 Embarcadero Rd, Palo Alto.

  • Where are Bill.com offices?

    Bill.com has an office in Palo Alto.

  • How many offices does Bill.com have?

    Bill.com has 1 office.