Workday is a renowned provider enterprise cloud applications for finance and human resources. The company has been on track for a strong growth across most of its offerings as a result of a wide variety of Covid-induced tailwinds, particularly the accelerated digital transformation of enterprises taking place across all industries. The management has witnessed a robust uptake of many of its offerings such as Workday Adaptive Planning, Workday Prism Analytics, Workday Strategic Sourcing, Spend Management, FINS Plus, Workday Accounting Center, and Workday Talent Marketplace offerings. Interestingly, the company’s new offerings, VIBE Central and VIBE Index which are particularly apt for human resource departments to help boost inclusivity and accelerate belonging for employees have also gained momentum. The recent quarterly result was strong with a 17% subscription growth and the management has given an upbeat guidance for 2021 with a high-teens growth expected in revenues, subscriptions, and the bottom-line.
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
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