Bill doesn’t see structural obstacles preventing 30% operating margins

At the Wolfe Fintech Forum, Bill.com noted that it hasn’t laid out long-term growth or margin targets, saying that "It the time of the IPO, I think we said our long-term operating margin would be 20%. I would view that at the time we viewed that as the floor, not the ceiling." The company said it doesn’t see structural obstacles that would prevent it from operating at or above 30% margins and while it hasn’t formally laid out targets, "we’ll do that at the first opportunity we have."