v3.25.2
Business Combinations (Tables)
12 Months Ended
Jun. 30, 2025
Business Combination [Abstract]  
Schedule of preliminary allocation of purchase price
The preliminary allocation of the purchase price for Airbase was as follows, which reflects certain immaterial measurement period adjustments recorded during the year ended June 30, 2025:
Cash and cash equivalents$41,250 
Funds held for clients42,354 
Proprietary technology75,200 
Client relationships3,800 
Non-solicitation agreements2,400 
Trade names2,100 
Goodwill234,237 
Other assets acquired15,844 
Client fund obligations(42,354)
Other liabilities assumed(13,376)
Total$361,455 
Schedule of unaudited pro forma financial information The unaudited pro forma information reflects certain adjustments that were directly attributable to the acquisition of Airbase, including amortization of acquired intangible assets, interest expense incurred to fund the acquisition and acquisition related costs.
20242025
Revenue$1,422,873 $1,601,619 
Net income$158,844 $224,620