Company name:

Billcom Holdings Inc

  • IPO SHARE PRICE:
    $22.00
  • IPO DATE:
    December 12, 2019
  • TICKER:
    BILL
  • MAIN STOCK EXCHANGE:
    NYSE
  • CURRENT HQ LOCATION:
    1800 Embarcadero Road Palo Alto CA 94303
  • FISCAL YEAR END:
    June 30
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Billcom Holdings Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Income Statement

Quarterly Annual
(USD in thousand)
Selected Year:
30-Jun
2020
Revenue
Gross receipts in the form of cash (great!) and promises to pay (Account Receivables - not so great as some of them will never be collected but reality of business!) from all its customers
100%
86.6% —

Subscription and transaction fees

13.4% —

Interest on funds held for customers
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Subscription and transaction fees 56,992 85,951 136,405 171,014 209,332
Interest on funds held for customers 7,873 22,400 21,195 12,580 6,848
Total Revenue $64,865 $108,351 $157,600 $183,594 $216,180
Selected Year:
30-Jun
2020
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
121.7%
34.2% —

General and administrative

33.9% —

Research and development

28.8% —

Sales and marketing

24.8% —

Cost of revenue
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cost of revenue
19,372 29,918 39,144 46,289 55,892
Gross profit
45,493 78,433 118,456 137,305 160,288
Sales and marketing
19,290 30,114 45,356 50,680 56,696
Research and development
17,986 28,924 53,405 67,170 81,944
General and administrative
16,034 29,198 53,893 67,383 78,332
Total operating expenses
$53,310 $88,236 $152,654 $185,233 $216,972
Selected Year:
30-Jun
2020
Operating Income
Income after excluding Operating Expenses from Total Revenue
21.7%
21.7% —

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income ($7,817) ($9,803) ($34,198) ($47,928) ($56,684)
Selected Year:
30-Jun
2020
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
2.0%
2.0% —

Other income
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Other income 632 2,333 3,160 2,991 -
Total non-operating income (expense) 632 2,333 3,160 (350) (13,364)
Selected Year:
30-Jun
2020
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
19.7%
19.7% —

EBIT

Another income metric but unlike Operating Income it is closer to the ultimate income metric - Net Income by removing expenses that are not related to earning Revenue as they are supposed to be accidental and transitory
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT ($7,185) ($7,470) ($31,038) ($48,278) ($70,048)
Selected Year:
30-Jun
2020
Interest Expense and Income, Taxes
Expenses driven mostly by company management's choices, nature of business (capital intensive vs not) about financing (debt vs equity) and legal structure
0.0%
0.0% —

Income tax expense or benefit
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Income before income taxes
(7,185) (7,470) (31,038) (48,278) (70,048)
Income tax expense or benefit
10 (156) 53 (331) (1,332)
Selected Year:
30-Jun
2020
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
19.7%
19.7% —

Net income (loss)

It is a residue that is left from Total Revenue after paying all kind of expenses and belongs to all equity holders in the company. Some of these shareholders such Non-controlling interest or Preferred equity gets their share before Common shareholders
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
($7,195) ($7,314) ($31,091) ($47,947) ($68,716)

Basic Shares Outstanding
Basic shares outstanding as of certain dates reported by Company on its annual and quarterly filings, these numbers are NOT used calculation of basic EPS. They help to see share issuance by company in perspective
Common - - 80,180,550 82,282,165 82,282,165
Selected Year:
30-Jun
2020
EPS
Net Income / Shares Outstanding = EPS before dilution or Basic EPS; Net Income/ ( Shares Outstanding + potentially available shares from conversion of various option instruments)
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net Income per basic share ($1.01) ($0.94) ($0.70) ($0.55) ($0.84)
Net Income per diluted share ($1.01) ($0.94) ($0.70) ($0.55) ($0.84)