Summary by Moomoo AI
BILL Holdings reported strong Q1 FY2025 results, with total revenue increasing 18% YoY to $358.5 million and core revenue growing 19% YoY to $314.9 million. The company processed $80 billion in total payment volume, up 14% YoY, and served 476,200 businesses.Non-GAAP operating income doubled to $67.1 million, while non-GAAP net income rose to $68.6 million or $0.63 per diluted share. BILL repurchased approximately 3.7 million shares for $200 million during the quarter. The company also hired new executives to lead payments, financial services, and people strategy.For Q2 FY2025, BILL expects total revenue of $355.5-$360.5 million and core revenue of $316.0-$321.0 million. The full-year FY2025 guidance projects total revenue of $1,439.0-$1,464.0 million and core revenue of $1,291.0-$1,316.0 million, with 12-13% YoY growth for both metrics.