BILL HOLDINGS, INC Stock Price, News & Analysis

Bill.com Holdings, Inc. (NYSE: BILL) announced a proposed offering of $500 million in convertible senior notes due April 1, 2027. This private placement will be made to qualified institutional buyers. An additional $75 million of notes may be purchased by initial purchasers within a specified period. The notes are unsecured and will pay interest semiannually. Proceeds will go towards capped call transactions, general corporate purposes, and potential strategic acquisitions. The company has not designated specific uses for the funds and emphasizes that the offering is subject to market conditions.

Bill.com Holdings, Inc. (NYSE: BILL) has announced a proposed underwritten public offering of $1.0 billion in common stock, with a potential 30-day option for underwriters to buy an additional $150 million in shares. Leading the offering are Goldman Sachs, BofA Securities, J.P. Morgan, and Morgan Stanley. The funds will be utilized for general corporate purposes, including working capital and potential acquisitions. The offering is subject to market conditions and includes a cautionary note regarding forward-looking statements related to the offering and its potential impact.

Bill.com (NYSE:BILL) has successfully acquired Invoice2go, a prominent mobile-first accounts receivable solution provider, for approximately $625 million. The transaction involves 75% in Bill.com stock and 25% in cash. This acquisition aims to enhance Bill.com's accounts receivable capabilities, providing better support for small and midsize businesses. CEO René Lacerte highlighted the strategic value of combining payables and receivables, enabling comprehensive cash management. Bill.com plans to share a financial update during its fiscal first quarter earnings call.

Bill.com (NYSE: BILL), a leader in cloud-based software for small and midsize businesses, has announced participation in several upcoming investor conferences. Key presentations include:

• Deutsche Bank’s 2021 Technology Conference on September 9 at 12:10 PM PT
• Piper Global Technology Conference on September 13 at 8:00 AM PT
• Jefferies Virtual Software Conference on September 14 at 11:30 AM PT

Live webcasts and replays will be available on the company's investor relations website.

Bill.com reported Q4 2021 core revenue of $77.5 million, up 100% year-over-year, and total revenue of $78.3 million, marking an 86% increase. Transaction fees soared by 204% year-over-year. The company recorded a net loss of $41.9 million, or ($0.48) per share, compared to a $9.5 million loss in Q4 2020. For the fiscal year, total revenue reached $238.3 million, up 51%. Looking ahead, Bill.com expects Q1 FY22 revenue between $103.2 - $104.2 million, representing a growth of 123% - 126% year-over-year. The upcoming Invoice2go acquisition is not reflected in this guidance.

Bill.com (NYSE: BILL) has partnered with KPMG Spark to provide automated bill pay solutions for small and midsize businesses (SMBs). The collaboration aims to simplify and digitize financial operations, offering advantages like up to 50% time savings in bill management, secure payment options, and a single dashboard for easy access to financial records. KPMG Spark aims to enhance its services for clients, focusing on real-time, secure solutions that align with both companies' commitments to the SMB community.

Bill.com (NYSE: BILL) will announce its financial results for the fourth quarter and fiscal year ending June 30, 2021, on August 26, 2021, after market close. A webcast will follow at 1:30 PM PT (4:30 PM ET) to discuss the results. Investors can access the news release and webcast link at the Bill.com investor relations website. The company specializes in cloud-based software that automates financial operations for SMBs, enhancing cash management and facilitating connections with suppliers and clients through AI-enabled technology.

Bill.com has announced its agreement to acquire Invoice2go for approximately $625 million, comprising 75% stock and 25% cash. This acquisition aims to enhance Bill.com's accounts receivable offerings and streamline financial operations for small and midsize businesses. The deal positions Bill.com to leverage Invoice2go’s mobile-first AR software, potentially accelerating e-payment adoption among small businesses. The transaction is expected to close by year-end, pending regulatory approvals.

Bill.com (NYSE: BILL), a leader in cloud-based financial software for small and midsize businesses, announced its participation in Oppenheimer’s 2021 Virtual Software & Semiconductor Bus Tour scheduled for June 11, 2021, at 11:45am ET. The event will feature a live webcast and a replay available on the company’s investor relations website. Bill.com offers a platform that digitizes and automates financial operations, enhancing cash flow management and business connections. The company collaborates with major financial institutions and accounting firms.