Name | Value |
---|---|
Revenues | 260.0M |
Cost of Revenue | 47.5M |
Gross Profit | 212.5M |
Operating Expense | 325.0M |
Operating I/L | -112.5M |
Other Income/Expense | 17.0M |
Interest Income | 20.9M |
Pretax | -95.4M |
Income Tax Expense | -0.4M |
Net Income/Loss | -95.1M |
Bill.com Holdings, Inc. provides cloud-based software for small and midsize businesses, streamlining financial operations. Their software-as-a-service and spend management products automate accounts payable and receivable, facilitate business transactions, eliminate expense reports, and enhance office efficiency. The company generates revenue through subscription fees for its software and services, including onboarding support and training. Its clientele includes accounting firms, financial institutions, and software companies.