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 Quarter:
31-Dec
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%
96.8% —

Subscription and transaction fees

3.2% —

Interest on funds held for customers
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Subscription and transaction fees
45,679
 22,112 25,225 28,548 32,964 36,092 38,801 43,788 52,333 171,014 209,332
Interest on funds held for customers
$45,679
 6,132 6,459 6,632 6,116 5,138 3,309 2,421 1,712 12,580 6,848
Total Revenue
$45,679
 $28,244 $31,684 $35,180 $39,080 $41,230 $42,110 $46,209 $54,045 $183,594 $216,180
Selected Quarter:
31-Dec
2020
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
126.2%
37.9% —

Research and development

36.2% —

General and administrative

26.2% —

Sales and marketing

25.9% —

Cost of revenue
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cost of revenue
45,679
 7,914 8,488 9,147 9,787 10,110 10,100 12,106 13,973 46,289 55,892
Gross profit
45,679
 20,330 23,196 26,033 29,293 31,120 32,010 34,103 40,072 137,305 160,288
Sales and marketing
45,679
 7,365 9,949 10,267 11,491 11,802 11,796 12,908 14,174 50,680 56,696
Research and development
45,679
 7,899 9,447 11,515 12,992 13,969 14,929 17,786 20,486 67,170 81,944
General and administrative
45,679
 7,904 8,953 10,535 12,748 15,064 15,546 17,190 19,583 67,383 78,332
Total operating expenses
45,679
 $23,168 $28,349 $32,317 $37,231 $40,835 $42,271 $47,884 $54,243 $185,233 $216,972
Selected Quarter:
31-Dec
2020
Operating Income
Income after excluding Operating Expenses from Total Revenue
26.2%
26.2% —

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income
$45,679
 ($2,838) ($5,153) ($6,284) ($7,938) ($9,715) ($10,261) ($13,781) ($14,171) ($47,928) ($56,684)
Selected Quarter:
31-Dec
2020
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
6.2%
6.2% —

Other expense or income
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Other expense or income
-
 - - - 360 - - - (3,341) (3,341) (13,364)
Other income
45,679
 734 596 639 360 1,397 764 830 - 2,991 -
Total non-operating income (expense)
45,679
 734 596 639 360 1,397 764 830 (3,341) (350) (13,364)
Selected Quarter:
31-Dec
2020
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
32.4%
32.4% —

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 Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT
$45,679
 ($2,104) ($4,557) ($5,645) ($7,578) ($8,318) ($9,497) ($12,951) ($17,512) ($48,278) ($70,048)
Selected Quarter:
31-Dec
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
0.6%
0.6% —

Income tax expense or benefit
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Income before income taxes
45,679
 (2,104) (4,557) (5,645) (7,578) (8,318) (9,497) (12,951) (17,512) (48,278) (70,048)
Income tax expense or benefit
45,679
 (70) (59) 51 - 1 1 - (333) (331) (1,332)
Selected Quarter:
31-Dec
2020
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
31.8%
31.8% —

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 Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
 ($2,034) ($4,498) ($5,696) ($7,578) ($8,319) ($9,498) ($12,951) ($17,179) ($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
-
 - - - 72,333,573 72,578,777 80,180,550 81,164,688 82,282,165 82,282,165 82,282,165
Selected Quarter:
31-Dec
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 Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net Income per basic share
$45,678,795.00
 ($0.26) ($0.57) ($0.69) ($0.34) ($0.11) ($0.07) ($0.16) ($0.21) ($0.55) ($0.84)
Net Income per diluted share
$45,678,795.00
 ($0.26) ($0.57) ($0.69) ($0.34) ($0.11) ($0.07) ($0.16) ($0.21) ($0.55) ($0.84)