Bill Com Holdings Inc (BILL)
Pretax margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -26,319 | -222,917 | -330,679 | -139,337 | -31,038 |
| Revenue | US$ in thousands | 1,337,410 | 1,043,850 | 633,252 | 210,162 | 157,371 |
| Pretax margin | -1.97% | -21.36% | -52.22% | -66.30% | -19.72% |
June 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-26,319K ÷ $1,337,410K
= -1.97%
The pretax margin of Bill Com Holdings Inc has shown significant fluctuations over the past five years. Starting at -19.72% on June 30, 2020, the margin deteriorated notably to -66.30% by June 30, 2021. This downward trend continued, reaching -52.22% on June 30, 2022. However, there seems to be a slight improvement noted by the decrease in the negative margin to -21.36% on June 30, 2023. Finally, Bill Com Holdings Inc managed to reverse the trend, achieving a pretax margin of -1.97% by June 30, 2024. This positive improvement suggests potential strategies or operational changes the company may have implemented to enhance its profitability before taxes. Further analysis and monitoring will be vital to understand if this positive trend continues in the coming periods.
Peer comparison
Jun 30, 2024