Bill Com Holdings Inc (BILL)

Operating profit margin

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Operating income	US$ in thousands	-174,164	-295,773	-316,818	-113,967	-34,198
Revenue	US$ in thousands	1,337,410	1,043,850	633,252	210,162	157,371
Operating profit margin		-13.02%	-28.33%	-50.03%	-54.23%	-21.73%

June 30, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $-174,164K ÷ $1,337,410K
= -13.02%

The operating profit margin of Bill Com Holdings Inc has displayed significant fluctuations over the past five years. In June 2020, the company reported an operating profit margin of -21.73%, indicating that for every dollar of sales, the company incurred operating losses, which is a concerning sign for its operational efficiency.

However, the situation worsened in the following years, with the operating profit margin declining further to -54.23% by June 2021 and to -50.03% by June 2022. These figures suggest that the company's operating expenses remained high relative to its revenue during these periods, leading to substantial operating losses.

There was a slight improvement in the operating profit margin in June 2023, where it stood at -28.33%. Despite this improvement, the company still struggled to generate a positive operating profit, indicating ongoing operational challenges.

In the most recent period ending June 2024, there was a notable improvement in the operating profit margin to -13.02%. While the negative value indicates that the company is still not operating at a profit, the decrease in the magnitude of losses may suggest a positive trend towards improved operational efficiency.

Overall, Bill Com Holdings Inc's operating profit margin analysis highlights a history of poor operational performance and challenges in controlling operating expenses relative to revenue. The company needs to focus on strategies to enhance its operating efficiency and profitability in the future.