Should You Go For This Mid Cap Stock-BILL

Acrobull UK Advisory Services Ltd.

May 29			2025
Name	Ticker	Sector/Industry		Market Cap	Risk Factor
Bill Holdings Inc.	BILL-NYSE	Technology		$4.583 Billion	Medium

BILL Holdings, Inc. provides financial operations platform for small and midsize businesses worldwide. The company provides software-as-a-service, cloud-based payments, and spend management products, which allow users to automate accounts payable and accounts receivable transactions.

Recent Highlights

CEO Wordings- “We drove strong financial performance and innovated at scale as we added new capabilities to solve more financial back-office pain points for SMBs and their suppliers,” said René Lacerte, BILL CEO and Founder.

We expanded our platform with a suite of midmarket solutions, enhanced our payment portfolio with streamlined reconciliation, and broadened and diversified our distribution ecosystem. These achievements strengthen our ability to capture the large market opportunity to transform and reimagine financial operations for millions of SMBs.

Third Quarter 2025 Highlights

Revenue- Total revenue was $358.2 million, an increase of 11% year-over-year.

Core revenue - Core revenue, which consists of subscription and transaction fees, was $320.3 million, an increase of 14% year-overyear. Subscription fees were $68.2 million, up 4% year-over-year. Transaction fees were $252.1 million, up 17% yearover-year.

Float revenue - Float revenue, which consists of interest on funds held for customers, was $37.9 million.

Gross profit - Gross profit was $291.0 million, representing an 81.2% gross margin, compared to $268.0 million, or an 83.0% gross margin, in the third quarter of fiscal 2024. Non-GAAP gross profit was $304.0 million, representing an 84.9% nonGAAP gross margin, compared to $281.5 million, or an 87.1% non-GAAP gross margin, in the third quarter of fiscal 2024.

Operating loss - Operating loss was $28.9 million, compared to an operating loss of $27.6 million in the third quarter of fiscal 2024. Non-GAAP operating income was $53.3 million, compared to $58.5 million in the third quarter of fiscal 2024, a decrease of 9% year-over-year

Stock Observation- The company has reported robust financial growth in the third quarter of 2025 and is expected to report better financial results in the next quarter. The RSI level for the stock is at 42 which shows close to oversold conditions.

Risk Involved- Financial performance of the company may have an impact on the company stock performance.

Considering all the factors and financials of the company Acrobull UK maintains Buy for the stock.

Disclaimer- Though our research is fundamentally and technically based on Acrobull UK only provides general advice on the stocks and it is imperative for the investors to do the risk assessment for themselves before investing as Acrobull UK would not be liable for any loss or profit arising out through the investment made by the investors on our recommendations.

It is also advisable for the investors to consult with Financial Advisor, Broker or to seek any legal assistance as the research conducted by Acrobull UK is factually based and recommendations are given in accordance with that, but it is imperative to understand that Acrobull UK does not guarantee returns.

Acrobull UK Recommendation Based on Evaluation

Current Market Price	$44.48 USD
Acrobull Recommendation	Buy
Target Price	$49.65 USD
RSI Level	14 Day RSI 42
Total Shares Outstanding	103.03 Million
Shares held by Insiders Risk Factor Stop Loss	9.09% Medium 5%