In your analyses how do you take into account when the revenue growth comes from acquisitions? For example BILL.COM has 156% YoY growth, but from it $80M came from recently acquired Divvy and Invoice2go.
Invoice2go doesn’t contribute much. Divvy is the big piece. But I’d say even considering only organic, their monetization on TPV still healthy and penetration is ramping for org products like xborder and VCC
I joined my current team as an analyst covering software after graduation last year. It has always been a pleasure following ur blog and reading them def helped accelerate ramping my knowledge base on SaaS. Thank you Jamin!
In your analyses how do you take into account when the revenue growth comes from acquisitions? For example BILL.COM has 156% YoY growth, but from it $80M came from recently acquired Divvy and Invoice2go.
Invoice2go doesn’t contribute much. Divvy is the big piece. But I’d say even considering only organic, their monetization on TPV still healthy and penetration is ramping for org products like xborder and VCC
I joined my current team as an analyst covering software after graduation last year. It has always been a pleasure following ur blog and reading them def helped accelerate ramping my knowledge base on SaaS. Thank you Jamin!
Another fabulously informative quarterly report. Thanks Jamin!