Bill.com Q3 revenue $166.9M (+179% YoY); organic core revenue +74% YoY; COO Mark Lenhard to leave Sep 2022

BILL Holdings, Inc.

2023-Q3 EPS reported -$2.39 revenue$441,738,000

Total revenue $166.9M (+179% YoY); core revenue $165.5M (+182% YoY); organic core revenue $102.1M (+74% YoY).
GAAP net loss $86.7M ($0.84/share); non-GAAP net loss $8.7M ($0.08/share). Gross margin 77.6% (GAAP).
Processed $55.1B in total payment volume (+57% YoY); served 146,600 Bill.com customers.
Guidance Q4 FY22 revenue $182.3-183.3M; full-year revenue $624-625M; non-GAAP net loss per share ($0.14)-($0.13) for Q4.
COO Mark Lenhard to depart effective Sep 1, 2022; Aida Alvarez appointed to board of directors.

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Aida Alvarez

director

BILL · BILL Holdings, Inc.

Effective: 2022-05-02
Filed: May 5, 2022, 7:59 PM ET

On May 2, 2022, the Board of Directors (the “Board”) of the Company appointed Aida Alvarez, 72, to serve as a director of the Company, effective as of May 2, 2022.

Departed

Mark Lenhard

Chief Operating Officer

BILL · BILL Holdings, Inc.

Effective: 2022-09-01
Filed: May 5, 2022, 7:59 PM ET

on April 29, 2022 the Company and Mark Lenhard, the Company’s Chief Operating Officer, agreed that he would transition out of the Company, with his last day of service being September 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Aida Alvarez was appointed as director at BILL Holdings, Inc..

Action: appointed
Role: director

Exact text from the filing

On May 2, 2022, the Board of Directors (the “Board”) of the Company appointed Aida Alvarez, 72, to serve as a director of the Company, effective as of May 2, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Mark Lenhard changed role as Chief Operating Officer at BILL Holdings, Inc..

Action: transitioned out
Role: Chief Operating Officer

Exact text from the filing

on April 29, 2022 the Company and Mark Lenhard, the Company’s Chief Operating Officer, agreed that he would transition out of the Company, with his last day of service being September 1, 2022.

View on SEC.gov

BILL Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-22-007818

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