Paylocity Holding Corporation


SKU: PCTY Category:


Paylocity Holding Corporation reported first-quarter fiscal year 2024 results, reflecting a 25% y-o-y increase in the total revenue, driven by the value proposition of the company’s modern software. The recurring and other revenues constituted $291.7 million, up by 19%, and were driven by continuous innovation by the company. However, the company’s year-over-year employees on the platform growth came below expectations which provided a headwind to fiscal results, and the same factor was taken into account for full-year guidance.

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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