Description

Paylocity Holding Corporation: Expanding Product Portfolio & Upgrading Existing Tools To Stay Competitive! 

Paylocity Holding Corporation has delivered its fourth quarter and fiscal year 2024 results, exhibiting a series of positive outcomes juxtaposed with challenges that reflect the broader economic environment and intrinsic operational aspects. The company reported a recurring revenue increase of 15% for the quarter and 17% for the year, signaling robust performance in client retention and acquisition. Paylocity ended the fiscal year with 39,050 clients, marking an 8% increase from the previous year. This growth in client base, complemented by an expanded average revenue per client, spearheaded by product attach rates and upmarket expansions, has significantly contributed to the revenue growth. The average number of employees per client also showed an increase, emphasizing Paylocity’s growing influence in larger business segments.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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