Filing Overview
Bill.com Holdings, Inc. filed a Form 8-K dated August 27, 2020 under Items 2.02 and 9.01. The filing announces the release of financial results for the fourth fiscal quarter and full year ended June 30, 2020, and a related conference call. The company is headquartered in Palo Alto, California and trades on the NYSE under the symbol BILL.
Financial Results and Metrics
The filing text provided does not include the underlying press release or specific financial results. Revenue, net income or loss, cash flow, margins, debt, liquidity, and other key metrics are therefore not clearly provided.
The company states that it referenced non-GAAP financial information in the press release and conference call and that a GAAP-to-non-GAAP reconciliation was included in Exhibit 99.1.
Changes Versus Prior Period
The filing does not provide numerical comparisons with the prior comparable quarter or fiscal year. Any material changes in operating or financial performance must be verified in Exhibit 99.1.
Outlook, Commentary, and Risks
The filing announces a conference call concerning the fiscal fourth-quarter and full-year results but does not include management guidance, outlook, risk commentary, contingencies, or unusual items. The company states that it uses SEC filings, press releases, public conference calls, and its investor relations website to disclose material information under Regulation FD.
The results information and Exhibit 99.1 were furnished under Item 2.02 and are not deemed filed for purposes of Section 18 of the Exchange Act or incorporated by reference, except where expressly specified.
Investor Verification Items
- Obtain and review Exhibit 99.1 for reported revenue, profitability, cash flow, margins, liquidity, and balance-sheet data.
- Verify the GAAP-to-non-GAAP reconciliation and identify the adjustments used.
- Compare fourth-quarter and full-year results with the prior comparable periods.
- Review management’s guidance, outlook, customer and operating metrics, and discussion of COVID-19 or other business risks, if disclosed in the press release or conference call.
- Confirm whether any debt, liquidity constraints, contingencies, or unusual charges were reported.